Business

A team from Neapolis University Pafos was recently tanked in 79th place at the ICPC World Finals 2025, held in Baku, and also received the Honours distinction. The ICPC is a ...

Nearly half of new startups are choosing to incorporate outside of Israel, the Israel Advanced Technology Industries Association (IATI) said this week, citing easier regulations in the United States. According ...

Over 150 bosses from Europe’s electric car industry signed a letter this week urging the European Union to stick to its 2035 zero emission target for cars and vans. The electric ...

Contactless card payments in Britain could exceed a 100-pound ($135.35) limit under new proposals outlined by the markets regulator this week. The Financial Conduct Authority (FCA) said it was proposing giving ...

The contractual framework of the electricity market rules was signed on Friday, paving the way for the commencement of the commercial operation of the competitive electricity market. The contract allows ...

The crypto market has a long history of transforming unknown projects into household names almost overnight. MATIC, once an overlooked altcoin trading for pennies, later surged to become one of ...

In 2025, crypto market attention is shifting. Shiba Inu (SHIB), long a token of meme-coin momentum, is now attempting to climb back after dropping below the top 20 in terms of market ...

For years, ADA has been one of the most closely watched crypto coins, yet its price movements often leave investors frustrated. Extended periods of sideways trading have made many question ...

With Cyprus experiencing unprecedented growth in solar energy adoption, Operation and Maintenance services are becoming crucial for the island’s energy transition. Lighthief International, which offers operation and maintenance for ...

Low-cost carrier Wizz Air on Friday announced that it will host two open day events for pilots and aspiring pilots in Larnaca this September. According to the announcement, both sessions ...

Limassol will host two major international trade union events in September, placing Cyprus at the centre of global maritime discussions. According to Omepege – Sek, which supports their organisation and represents ...

Bioland Promithia, part of Bioland Energy Group Ltd – one of the largest and fastest-growing renewable energy producers in Cyprus – has announced its participation in the Competitive Electricity Market (CEM), which ...

Britain launched a new package of Russia-related sanctions on Friday, targeting ships carrying Russian oil, as well as companies and individuals supplying electronics, chemicals and explosives used to make Russian ...

Telecommunications provider Cyta on Friday announced the departure of Andreas Neocleous from his role as chief executive officer, effective September 12, 2025. “During his tenure as CEO, Neocleous contributed decisively to Cyta’...

Rising construction costs and their knock-on effect on the housing shortage were at the centre of talks held in Brussels by Stephanos Pierides, secretary general of the Federation of Associations ...

The turnover value index for services and transport in Cyprus recorded mixed results in the second quarter of 2025 compared to the same period of 2024.  According to the state statistical service (...

Demetra Holdings Plc on Friday announced the buyback of 6,000 of its own shares, following a string of similar moves in recent weeks. The shares were purchased at a price of 1.68 ...

The European Central Bank (ECB) is under no pressure to cut interest rates further to achieve stable inflation, according to governing council member and Central Bank of Cyprus (CBC) governor ...

The IDEA Innovation Centre, which serves as a startup incubator and entrepreneurship hub, celebrated its tenth anniversary this week. According to an official announcement, the anniversary marks “a decade of ...

As the business world increasingly recognises the value of human capital, Sklavenitis Cyprus is taking bold steps to ensure its employees feel valued and supported. The leading supermarket chain pays ...

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) Public Ltd posted a slight rise in first-half profit for 2025, with net earnings reaching €2 million compared with €1.95 million in the same period last year. Turnover ...

Eurobank Cyprus on Friday confirmed that its merger with Hellenic Bank is now fully underway, marking the creation of the new Eurobank Limited. In an official announcement, the new entity ...

Cyprus’ Chief Scientist Demetris Skourides has completed his first official visit to Saudi Arabia, according to a statement released this week. According to the announcement, the mission focused on strengthening ...

Louis plc held its 26th annual general meeting (AGM) on Thursday, discussing on a number of issues, including the company’s growth, future challenges, and reorganisation plans. In addition, shareholders ...