Economy

Competition protection key for a sustainable electricity market

The protection of competition remains a key condition for a sustainable electricity market, the Electricity Market Association (EMA) said, commenting on the ongoing parliamentary...

Cyprus ATM withdrawals hit €2.5bn in six months

Cash remains important despite shift to cards Cyprus ATM withdrawals totalled €2.5 billion during the first half of 2025, underlining the continued importance of cash...

Uber Q4 revenue up 20%, boosted by food delivery

Revenue tops expectations Uber reported better-than-expected revenue in its fourth-quarter earnings, reaching $14.37 billion versus the $14.32 billion analysts forecast. Revenue rose from $12 billion...

e-kalathi prices: Supermarkets reject claims of manipulation

Supermarkets have strongly rejected allegations by the Cyprus Consumers Association of price “cooking” and consumer misleading through the e-kalathi platform, insisting that no selective...

Cyta plans to offer bundled internet and electricity services

Cyta is preparing a major expansion into the energy sector, offering combined telecommunications and electricity services with an emphasis on renewable energy sources. The...