AI startups raise near-record $22.3 bln in Q1
Venture capital funding in the artificial intelligence (AI) sector started strong in 2025, carrying forward impressive momentum from 2024, according to a recent survey. During the first three months of the year, AI companies and startups raised tens of billions of dollars in funding rounds, proving
Costas Mavrides, Cyprus member of the European Parliament, will be the keynote speaker at the Armenian Genocide commemoration in Nicosia on Saturday,
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Costas Mavrides, Cyprus member of the European Parliament, will be the keynote speaker at the Armenian Genocide commemoration in Nicosia on Saturday, reiterating the importance of recognition of the genocide, to prevent
Read MoreGrowth is projected to moderate from 3.4% last year to 2.8% this year, before improving to 3.2% in 2026, according to a
Paphos continued to dominate foreign property sales in March, recording 204 contracts of sale, outpacing all other districts in Cyprus, according to
By Demetris Skourides Utilising artificial intelligence technologies to transform the public sector can accelerate decision-making, enhance service delivery, and make processes more
Business
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Venture capital funding in the artificial intelligence (AI) sector started strong in 2025, carrying forward impressive momentum from 2024, according to a recent survey. During the first three months of the year, AI companies and startups raised tens of billions
Read MoreTesla’s sales in Europe totaled just 600 cars per day during the first quarter of this year, with the total number of
By Stavros Angelidis As businesses across various sectors contemplate strategies to navigate the impact of the latest US tariffs, a critical decision
Greece-owned Alpha Bank is going ahead with the takeover of Astrobank at a preliminary purchase price of €205 mln, making the new
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By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced on April 14 that it has adopted a decision that will reverberate across boardrooms and sustainability
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In 2018, 7% of EU enterprises employing at least 10 persons used industrial or service robots, Cyprus had the lowest percentage in the bloc. Large enterprises use robots much more (25%
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The European Central Bank has delivered its seventh interest rate cut in a year and there are two more to come in 2025, but this isn’t a one-way road, according to the
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By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced on April 14 that it has
Donald Trump’s tariff blitz has sparked turmoil for the green energy sector. Duties pose a one-two punch for an industry already reeling
Donald Trump may seem to have backed down on his tariff wars on other countries, but with markets and tariffs the only
By Demetris Skourides Utilising artificial intelligence technologies to transform the public sector can accelerate decision-making, enhance service delivery, and make processes more
By Stavros Angelidis As businesses across various sectors contemplate strategies to navigate the impact of the latest US tariffs, a critical decision
Energy
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By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced on April 14 that it has adopted a decision that will reverberate across boardrooms and sustainability departments throughout Europe and beyond. It gave the green light
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Donald Trump’s tariff blitz has sparked turmoil for the green energy sector. Duties pose a one-two punch for an industry already reeling
Donald Trump may seem to have backed down on his tariff wars on other countries, but with markets and tariffs the only
The benchmark West Texas Intermediate (WTI) crude oil continues to decline for the second consecutive day, trading near $57.70 during the European
World
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Venture capital funding in the artificial intelligence (AI) sector started strong in 2025, carrying forward impressive momentum from 2024, according to a
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Costas Mavrides, Cyprus member of the European Parliament, will be the keynote speaker at the Armenian Genocide commemoration in Nicosia on Saturday,
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Following Thursday’s decline, the US dollar gathered strength against its rivals early Friday as markets assess the latest headlines surrounding the US-China
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The GBPUSD currency pair is retracing its recent gains, hovering around 1.3290 in Friday’s Asian markets. The Pound Sterling faces challenges as
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The collision in the North Sea between the MV Solong, a Portuguese-flagged cargo ship, and the MV Stena Immaculate, a tanker transporting jet fuel for the U.S. military, could activate multiple insurance policies, because of the types of vessels and
Read MoreThe eighth annual Cyprus Shipping Forum, organised by New York-based financial and maritime advisory Capital Link next week, will focus on the
Government officials from Cyprus and Oman have signed a number of cooperation agreements, enhancing cooperation in maritime affairs and mutual recognition of
The shipping community has welcomed the release of the 25 crew of the Galaxy Leader cargo car carrier, after Houthi rebels hijacked
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By Nicole Phinopoulou In what has been dubbed the ‘Stop-the-clock’ mechanism, the EU Council formally announced
By Demetris Skourides Utilising artificial intelligence technologies to transform the public sector can accelerate decision-making, enhance
“Spring drew on: she was indeed already come; the frosts of winter had ceased; its snows
Cyprus has issued a recall for 276 vehicles, of which 138 have been identified to carry
Some 4,500 people have applied in Cyprus for the new electronic identification card (eID) just two
