In a fast changing, global economic environment non fungible tokens (NFTs), backed by blockchain technology, emerged in order to disrupt the way that our world creates, perceives, and transfers value. Features such as transparency, improved liquidity of assets, transactions traceability and proof of ownership are of paramount importance across several industries in today's market. All the above contributed to the rapid development of NFTs during the last months.

Cyprus’ leading luxury property developer has launched sales and construction of its latest project, Aktea Residences 3, the third in a successful series of boutique developments located in central locations of Limassol.

In 2020, renewable energy sources (RES) made up 37% of gross electricity consumption in the EU, up from 34% in 2019, according to data released by Eurostat, the statistical office of the European Union.

The Cyprus Securities and Exchange Commission will bolster its supervisory framework with new technology to keep check of developments in the market, CySEC Chair George Theocharides said.

A new procedure, with regards to the 'test to stay' program, will apply from Tuesday onward for children who are fully vaccinated and 7 months have not elapsed or for children who got infected from covid and 90 days have not elapsed, the Health Ministry announced.

In December 2021 seasonally-adjusted unemployment rates dropped to 7% and 6.4% in the eurozone and the EU respectively, recording a slight decrease compared to November and more significantly compared to last year, according to figures published by Eurostat, the statistical office of the European Union.

Half of carbon emissions in Cyprus comes from transport, whereas the same industry represents a quarter of emissions in the EU, Transport Minister Yiannis Karousos said on Monday.

The passenger maritime link between Cyprus and Greece is expected to take shape in the coming months as a number of operators have submitted a tender through the e-Procurement System of the Treasury of the Republic of Cyprus, the Shipping Deputy Ministry announced.

New court cases in Cyprus will be filed electronically instead of in physical form as of Tuesday, February 1.

As of Monday, the validity period for a SafePass issued after recovery from a coronavirus infection is halved from six to three months following a Cabinet decision.