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Cyprus Services and Transport Sectors Report Broad-Based Growth in 2025
The Cyprus Statistical Service (Cystat) has reported that Cyprus’s services and transport sectors experienced broad-based growth during the final quarter of 2025. According to the data, the Turnover Value Index for the fourth quarter showed a 9.5 per cent increase in the accommodation and food service activities sector compared with the same period in 2024. Real estate activities also recorded an upward trajectory, with growth of 5.7 per cent during the three-month period, wh
Mar 42 min read


Cyprus Wages Continue Rising Amid Slower Euro Area Pay Growth
The European Central Bank (ECB) has released its latest wage tracker data, indicating that negotiated wage growth across the euro area is set to moderate in 2026, reflecting easing pay pressures in the bloc. The headline ECB wage tracker, which covers active collective bargaining agreements and smooths one-off payments over time, shows negotiated wage growth of 3.2 per cent in 2025, based on a coverage of 49.9 per cent of employees in participating countries, and 2.4 per ce
Feb 124 min read


Midnite Raises $35m in Series C Round to Fuel Global Growth and Product Expansion
UK-based sportsbook and casino operator Midnite has reached a major funding milestone after securing $35m in a Series C investment round led by Raine Partners IV. The latest financing also attracted continued backing from existing investors Play Ventures, Discerning Capital, Makers Fund and Big Bets, underscoring strong confidence in the company’s long-term vision and growth strategy. With this round, Midnite’s total equity funding now exceeds $75m. The fresh capital foll
Feb 32 min read
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