Business

Alpha Bank on Monday announced that it has completed the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd. This has resulted in the creation of Cyprus’ ...

In 2025, buying cryptocurrency has never been easier, thanks to modern payment solutions like Google Pay. Whether you’re a beginner looking to buy crypto or an experienced trader exploring different ...

A total of 13 hotels have applied to the government to have small desalination units of their own installed on their premises, agriculture ministry permanent secretary Andreas Gregoriou said on Monday. ...

The Cyprus Chamber of Commerce and Industry (Keve) released a statement Monday recapping the 5th Red Diamond International Business Women Awards. In its announcement, the chamber said the event, which ...

Cyprus’ Deputy Ministry of Shipping presented a slightly surplus budget for 2026, with expenditures set at €18.7 million and projected revenues of €20.3 million, during a session of the Parliamentary Finance Committee at ...

Cyprus’ shipping industry remains firmly committed to the green transition, even after the International Maritime Organisation (IMO) decided to postpone by one year discussions on the Net Zero Framework (NZF), ...

Rent control law 23/83 clearly regulates the relationship between landlords and statutory tenants, offering the latter security of tenure and protection from arbitrary evictions and excessive rent increases. This protection, however, ...

The global automotive display market reached 120.96 million units in the first half of 2025, up 5.1 per cent year-on-year, according to the latest report from Omdia Automotive Display Intelligence Service. “While overall ...

Global Communications Providers’ revenue is expected to reach $5.6 trillion by 2030, growing at a compound annual growth rate of 6.2 per cent from 2025, according to market intelligence firm Omdia. “This steady growth ...

The European Securities and Markets Authority (ESMA), the European Union’s financial markets regulator and supervisor, announced that cyber risk and digital resilience will remain central to its Union Strategic ...

EU-funded research is helping to turn old clothes into new, quality products, aiming to reduce textile waste and make recycled textiles the norm. By Ali Jones In a factory in ...

Snap is rolling out new personalization and customization features for its subscription-based social media platform Snapchat+, aiming to boost retention among its paying user base in an intensely competitive market. ...

Those who bought Solana (SOL) under fifty cents witnessed life-changing gains. It was a moment when utility met timing, turning early believers into millionaires. Now, a new project is stirring ...

During the week of October 13-19, the annual meetings of the International Monetary Fund (IMF) and the World Bank took place, with discussions primarily focused on long-term global economic challenges ...

By Dr Andreas Procopiou The launch of Cyprus’ Competitive Electricity Market (CEM) on October 1, 2025, marked a historic milestone for the island’s energy system. For the first time, electricity is ...

Here are the top business stories in Cyprus from the week starting October 27: The economic history of Cyprus is a tale of resilience, often defined by its agile recovery from ...

The European Banking Authority (EBA) this week published its final draft Regulatory Technical Standards (RTS) to establish criteria for assessing the materiality of Credit Valuation Adjustment (CVA) risk exposures stemming ...

Europe’s biggest telecommunications companies have urged the head of the European Commission to loosen EU merger rules, a move they said would boost much-needed investments in digital infrastructure and ...

PayPal (PYPL.O) saw a slowdown in payments activity in September that continued into October across both the US and Europe, as consumers became more selective in their purchases, CFO ...

Adobe said this week that its video and image editing tools can be controlled by chatting with them, adding that it is working with ChatGPT creator OpenAI to let users ...

In every market cycle, undervalued tokens with real utility tend to become the next 10x success stories. Mutuum Finance (MUTM) now stands in that position. It combines practical revenue generation, ...

An innovative digital application that is expected to transform the way visitors discover and experience the island is set to be developed following the signing of an agreement between the ...

The gross disposable income for Cypriot households, as well as that of non-profit institutions serving households, saw an annual increase of 8.4 per cent in 2024, according to figures released on Friday ...

By Miranda Xafa A public debt auction was held with paradoxical ease in June 2017. Argentina – a country with a long history of defaults – sold $2.75 billion of 100-year bonds denominated in ...