Big tech boom not over yet

While Cyprus is experiencing a tech boom with the relocation of companies in recent years, stakeholders appear confident the island will see more arrivals after parliament approved a government incentive package. Earlier

Revolut chooses Cyprus as crypto hub

The Securities and Exchange Commission has authorised digital banking platform Revolut to offer cryptocurrency services across the European Economic Area (EEA) from its Cyprus hub. The EEA includes the 27 countries that

Fonbet is back in the game

Leading Russian bookmaker, Fonbet is making a comeback in Cyprus sports with exclusive sponsorship deals it sealed with five top-flight football clubs, including well-supported Anorthosis Famagusta. Already active in Cyprus for the

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Car sales dip as demand stays high

Cyprus car dealers are coming to terms that the market is frozen, with no prospect of rebooting until the end of the year, as vehicle sales plummet due to a hold up

More price rises on essential items

Retailers are warning the public to brace themselves for another wave of price increases on essential goods, as hikes dairy products are next in line. The news comes just a day after

Stock market capitalisation reaches €1.90 bln

The market capitalisation of shares traded on the Cyprus Stock Exchange reached €1.90 bln in July, according to the CSE monthly bulletin. Total market capitalisation, including the Bond Market, reached €3.37 bln,

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