#business

US banks’ loans to private credit providers have surged to nearly $300 billion, Moody’s said in a report released this week, and the ratings agency warned that smaller lenders could ...

Meta (META.O) is cutting roughly 600 positions out of the several thousand roles within its Superintelligence Labs artificial intelligence unit, Axios reported this week. The cuts will affect the company’...

The 16th Limassol Economic Forum convened prominent figures to dissect how global disruption is reshaping economies and trade, stressing that resilience, reform, and leadership are crucial for Cyprus and Europe. ...

The European Banking Authority (EBA) recently published its annual report on convergence of supervisory practices for 2024 across the European Union. The report details the EBA’s extensive efforts to strengthen ...

Interest in maritime studies has been steadily growing in Cyprus, mirroring the island’s long-standing relationship with the sea and the strength of its shipping industry.   At the Cyprus University ...

Crypto heavyweight Coinbase (COIN.O) said this week it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to bring fundraising tools to its platform. Dealmaking within ...

Goldman Sachs (GS.N) is setting up a private wealth management team in Saudi Arabia, it said this week, as it boosts its offer in the Middle East to serve ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that it imposed administrative fines on two companies, WRDNB Ltd and Lydya Financial Ltd, for failing to submit a required ...

AmCham Cyprus on Friday announced its newly elected board of directors and president, following its annual general meeting held on September 18, and a subsequent board of directors meeting on October 16. ...

Demetra Holdings Plc announced on Friday that it has purchased 8,100 of its own shares at a price of 1.64 cents per share through the Cyprus Investment and Securities Corporation Ltd (CISCO). ...

The Central Bank of Cyprus (CBC) on Friday held its first special session on the digital euro, bringing together payment service providers, including banks, payment institutions, and electronic money institutions. ...

Greece and Cyprus have signed a memorandum of cooperation to strengthen collaboration on mineral resources, according to an announcement released on Friday. The signing took place on October 23, in the ...

Astrobank on Friday announced the appointment of Baker Tilly Klitou and Partners Limited as its external auditors for the financial year 2025 and subsequent years. This follows the completion of an ...

The 16th Limassol Economic Forum took place on Friday, gathering prominent policymakers, diplomats, and business leaders to discuss how global disruption is reshaping economies, governance, and trade. One of the ...

The Cyprus Agricultural Payments Organisation (CAPO) is participating with three officers in the ArcGIS Greece–Cyprus 2025 User Meeting, which focuses on the latest developments in Geographic Information Systems (GIS) technology ...

Foreign appetite for Cypriot real estate shows no sign of slowing, with 1,669 properties sold to overseas buyers in the past year, according to data submitted to Parliament by Interior Minister ...

The Cyprus tax department has uncovered around 300 individuals and legal entities, including several foreign residents, who earned income through OnlyFans and other online platforms without declaring it. According to Politis, ...

Cyprus has taken another step towards digital transformation as the government, including all ministries, several municipalities and EOA, adopts the electronic invoicing service offered by Jinius, the integrated business ecosystem ...

The Cyprus Institute of Neurology and Genetics (CING) has acquired an advanced spatial transcriptomics platform for biological tissue analysis, according to an announcement released this week. The institute said that ...

The Cyprus Chamber of Commerce & Industry (Keve), in collaboration with the Centre for Social Innovation (CSI), will host a free seven-hour training seminar focused on Augmented Reality (AR) and ...

Rental prices for standard apartments in Cyprus’ major cities mostly increased between August 1, 2025, and October 1, 2025, according to a new study by consulting company Perprice. The research focused on standard apartments ...

The government’s plan to establish a new framework for jointly owned buildings appears to be facing major obstacles, as the five provincial local government organisations (EOAs) have expressed strong ...

The Cyprus Chamber of Commerce and Industry (Keve) will host the Cyprus–France Cooperation & Innovation Forum on November 13, organised in partnership with the Embassy of France in Cyprus and ...

The 13th annual general assembly of the Cyprus Fiduciary Association (CYFA) is expected to be a key milestone for the future of administrative services in Cyprus, the association said in ...