3 h. ago Crypto pundit advises buying Mutuum Finance (MUTM) at $0.02 before it’s too late

As its third presale stage races toward a sell-out, $3.3 million of Mutuum Finance (MUTM) has been secured with over 5,600 investors already holding tokens. Now priced at $0.02, analysts have highlighted a closing window for entry ahead of the next stage which drives the token to $0.025 — a 25% leap from today’s value. Before the […]

Economics

11 h. ago The power of rebranding: when, why, and how to evolve your brand successfully

In the creatively charged atmosphere of Limassol-based Blackbook Agency’s headquarters, where each corner tells a story of innovation and bold vision, we caught up with founder and managing director Eleftheria Voskaridou. As the driving force behind the company’s direction, her insights are as foundational as the branding principles she champions. She shared with us why […]

Politics

11 h. ago Cyprus tourism resilient despite global trade concerns, says Koumis

Tourism Deputy Minister Kostas Koumis this week announced a record-setting year for Cyprus’ tourism sector, with over 4 million visitors and revenues exceeding €3 billion. This growth has been fueled by a 6 per cent increase in air travel routes, including a significant 9 per cent rise in flights to and from Germany, Europe’s largest […]

Politics

13 h. ago Foody purchases made with Bank of Cyprus cards to get reward points

Appreciating the loyalty of its users, Foody, the first online delivery company in Cyprus, has joined the antamivi reward card scheme of the Bank of Cyprus (BOC). With this partnership, users of Foody can earn points, privileges and other benefits by using BOC cards. Foody, established in 2015, changed delivery in our country. After 10 […]

Events

14 h. ago Passenger demand growth accelerates to 10 per cent in January 

Global passenger demand experienced a robust increase in January, according to the International Air Transport Association (IATA). Total demand, measured in revenue passenger kilometres (RPK), rose by 10 per cent compared to January 2024, while capacity, measured in available seat kilometres (ASK), increased by 7.1 per cent year-on-year.   This led to an all-time high January […]

Politics

29 h. ago DP World profits fall amid rising costs, geopolitical uncertainty

DP World, a Dubai-owned ports and logistics company, reported a 28 per cent fall in annual profit on Thursday, partly due to higher finance costs, and highlighted that global trade uncertainties and geopolitical risks were clouding its outlook. Profit attributable to the owners, after separately disclosed items, dropped to $591 million from $820 million a […]

Politics

32 h. ago Cyprus ranks fifth in EU for municipal waste, over 75 per cent landfilled

Cyprus has the fifth highest per capita municipal waste generation in the EU with municipal solid waste, 76.8 per cent of which is landfilled, Cyprus’ statistical service said on Thursday.  In Cyprus, municipal waste generation per capita reached 653kg in 2023, which ranked the fifth highest among EU member states, CyStat said. The total amount […]

Politics

33 h. ago New Cyprus treasury bill issue set for Monday — strong demand expected

A new issuance of Cyprus Treasury Bills (T-bills) will take place on Monday, March 17, 2025. The 13-week T-bills, maturing on June 20, 2025, are expected to attract strong demand once again, following recent trends of heightened investor interest. Investments in T-bills continue to gain traction among both individual investors and businesses. In the last […]

Politics

33 h. ago Larnaca and Limassol fuel 7 per cent rise in Cyprus property sales in February

Cyprus’ real estate market continued its robust growth into February, with property sales increasing by 7 per cent year-on-year. Developments in Limassol and Larnaca were the primary driver behind this surge. According to the land department, property sales nationwide rose to 1,371 in February 2025, up from 1,284 in the same month last year. Over […]

Politics

34 h. ago Cyprus sees rise in German and Polish tourism bookings for 2025

The Cyprus Hoteliers Association (Pasyxe) has expressed optimism about the upcoming tourism season, particularly due to an increase in bookings from Germany and Poland. Preliminary data from the association indicates a 9 per cent rise in early bookings from these markets compared to the same period last year. During the prestigious ITB Berlin travel exhibition, […]

Politics

35 h. ago Geneva ‘not the end but the beginning’, says deputy spokesman

The government had secured the foundation for any efforts to resolve the Cyprus issue, which must be carried out within the framework of the UN security council agreement, deputy government spokesman Giannis Antoniou said on Thursday. Meanwhile, Greek Cypriot and Turkish Cypriot negotiators Menelaos Menelaou and Güneş Onar are set to meet in the course […]

Politics

35 h. ago From outsider to key player: Turkey’s role in Europe’s defence shift

Turkey has emerged as a key potential partner in restructuring European security, diplomats and analysts say, as Europe scrambles to bolster its defence and find guarantees for Ukraine under any forthcoming ceasefire deal urged by the United States. European countries have been unsettled by U.S. President Donald Trump’s plan to end the Ukraine war, which […]

Sport

38 h. ago Cyprus Business Now: Building permits, Hellenic Bank, Tourism, House prices

The number of building permits issued in Cyprus during October 2024 fell to 470, marking a 25.6 per cent decline compared to the 632 permits issued in October 2023, according to data released by the state statistical service. The total value of these permits reached €177.8 million, covering a total area of 147,000 square metres. […]

Economics

40 h. ago Zara owner Inditex shares slide after slower start to first quarter

Zara owner Inditex (ITX.MC) this week reported a slower start to its first quarter starting February 1, raising questions around its ability to keep building on rapid recent growth and sending its shares down more than 8 per cent in early trading. Strong sales from Zara, which has been gaining market share from rivals such […]

Politics

49 h. ago ‘A steady pace and a clear plan’ – Christodoulides reviews his second year

President Nikos Christodoulides on Wednesday night gave a long, televised address in which he reviewed and appraised his second year in office, reassuring the public that he has acted with “a steady place and a clear plan” throughout. “During the second year of our term, we achieved the implementation of 90 per cent of the […]

Politics

51 h. ago XRP investor predicts that this Dogecoin alternative at $0.02 will reach $5 in the next three months

Ripple (XRP) investors have long been accustomed to volatility, but with XRP currently hovering around $0.60, many are searching for the next high-growth opportunity. While XRP remains a major player in cross-border payments, its price movements have been relatively slow compared to emerging altcoins. Investors looking for faster gains are now setting their sights on […]

Economics

52 h. ago Militants say they have killed 50 hostages from Pakistan train hijacking

Separatist militants said on Wednesday they have killed 50 passengers from a train hijacking in southwestern Pakistan as security forces worked to rescue the hostages. Reuters was not able to verify the militants’ account. The Interior Ministry did not immediately respond to a request for comment on the militants’ statement. Dozens of separatist Baloch militants on Tuesday […]

Events

55 h. ago Online shopping satisfaction rates in Cyprus among highest in EU

Cyprus has one of the lowest rates of online shopping complaints in the European Union, as only 14.7 per cent of its consumers reported issues, according to data released by Eurostat on Wednesday. Moreover, lowest shares were also reported in Portugal (4.3 per cent) and Latvia (13.7 per cent) In contrast, around one-third (33.1 per […]

Politics

57 h. ago Economist sees 40 per cent US recession chance and risks to ‘exorbitant privilege’

There is about a 40 per cent chance of a US recession this year and a risk of lasting damage to the country’s standing as an investment destination if the administration undermines trust in US governance, according to J.P. Morgan’s chief economist. “Where we stand now is with a heightened concern about the US economy,” […]

Economics

58 h. ago Captain arrested in UK ship crash is Russian national, owner says

The ship’s captain arrested in connection with a crash into a US flagged tanker off the coast of England is a Russian national, the German company which owns the vessel said on Wednesday. The Solong crashed into the Stena Immaculate, a tanker carrying jet fuel for the U.S. military, on Monday. A day later, British […]

Events