Iceland Business Times
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Your best source on business and economy news from Iceland

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Read the latest news from regional and global sources, presenting different voices and perspectives.

Are there Worms in Iceland?

Are there Worms in Iceland?

Given the recent news about mosquitoes making their way to Iceland, a country that has long been without their presence, it got me thinking about the many other creepy crawlies that call this island home. In fact, while riding as a passenger...

Owner:  Viktor Ólason
Review: United Airlines 787-10 Business Class Los Angeles – London

Review: United Airlines 787-10 Business Class Los Angeles – London

My journey from Los Angeles to London on United Airlines was pleasant and restful onboard the 787-10 in Polaris business class. United’s consistent seat and excellent bedding make overnight flights to Europe a reliable choice, even if other parts...

Owner:  Matthew Klint
Business leaders urge government to rethink opposition to four-day week

Business leaders urge government to rethink opposition to four-day week

More than 100 business and charity leaders have urged government ministers to reconsider their stance on the four-day working week after housing secretary Steve Reed criticised a council for adopting a shorter working pattern. ​In an open letter,...

Owner:  Chartered Institute of Personnel and Development & Heseltine Family
Iceland Roundup: Snowpocalypse, Sheep Numbers On The Decline, Corruption, Housing & Prince Andrew

Iceland Roundup: Snowpocalypse, Sheep Numbers On The Decline, Corruption, Housing & Prince Andrew

The Reykjavík Grapevine’s Iceland Roundup brings you the top news with a healthy dash of local views. In this episode, Grapevine publisher Jón Trausti Sigurðarson is joined by Heimildin editor Aðalsteinn Kjartansson and Grapevine friend and...

Owner:  Hilmar Grétarsson
Iceland launches policy development initiative to advance geothermal competitiveness

Iceland launches policy development initiative to advance geothermal competitiveness

Bjarni Pálsson, chairman of the geothermal roadmap working group, director of wind and geothermal energy at Landsvirkjun and president of the International Geothermal Association. (source: Government of Iceland) The Government of Iceland has...

Owner:  Alexander Richter
Iceland’s New Cruise-Ship Tax Draws Early Economic Warnings

Iceland’s New Cruise-Ship Tax Draws Early Economic Warnings

The introduction of a new infrastructure fee for cruise-ship passengers in Iceland is already generating concern among coastal towns and tourism operators. As stated on Cruise Industry News, international cruise ships arriving in Iceland must now...

Owner:  Viktor Ólason
Armenia reduces wine export volumes, Russia remains traditional  market
Reykjavík Could Save ISK 1 Billion a Year, Says Analyst

Reykjavík Could Save ISK 1 Billion a Year, Says Analyst

Reykjavík’s cost of governance is considerably higher than elsewhere in Iceland. According to the latest figures, it is about ISK 10,000 more per resident than the national average and ISK 26,000 more than in Akureyri. Public administration expert...

Owner:  Viktor Ólason
When the Market Falls, Let AI Work for You: FiveCrypto Launches a New Era of Stable Smart-Yield Contracts

When the Market Falls, Let AI Work for You: FiveCrypto Launches a New Era of Stable Smart-Yield Contracts

London, United Kingdom|October 2025 As global cryptocurrency markets tumble and both BTC and ETH remain weak, investor sentiment has turned cautious. Amid this downturn, FiveCrypto offers a completely new approach — helping users earn stable daily...

Owner:  Black Sea Capital Srl
Icelandic Developer Runs Doom on ESA’s OPS-SAT Satellite
How to Make Money Quickly with Crypto? 7 Legal Cloud Mining Sites for Beginners

How to Make Money Quickly with Crypto? 7 Legal Cloud Mining Sites for Beginners

The allure of generating wealth in the cryptocurrency market is stronger than ever, but for beginners, the path is often shrouded in complexity. Buying and trading can be volatile, while setting up personal mining rigs is expensive and technically...

Owner:  Kiet Phung & Tung Tran

$124 Trillion And Counting... These Are The World's Largest Economies

The 2026 world economy has a cautious outlook, according to the October report put out by the International Monetary Fund (IMF). The organization says that global growth is slowing amid fragmentation and rising protectionism. Significant downside...

Owner:  Ivandjiiski Family
What to Do in Portland, Oregon If You're Here for Business (2025)

What to Do in Portland, Oregon If You're Here for Business (2025)

As a tech city, Portland often feels like a lifestyle destination for wayward engineers. Though nearly 10 percent of Portland works in tech, Stumptown’s business scene can sometimes seem to be in hiding, operating as a comfortable “third place”...

Owner:  Newhouse Family
Iceland’s Housing Market Under Strain as Banks Halt Indexed Loans

Iceland’s Housing Market Under Strain as Banks Halt Indexed Loans

The aftermath of the Supreme Court’s recent ruling on illegal terms in non-indexed housing loans has thrown Iceland’s mortgage market into uncertainty. As reported by RÚV, the verdict was seen as a win for consumers, but some MPs have criticised...

Owner:  Viktor Ólason
Fiber and 5G lead OECD digital transformation

Fiber and 5G lead OECD digital transformation

In sum – what to know: Fiber dominates – Fiber penetration across OECD countries surged to 47%, becoming the backbone of digital economies and overtaking legacy DSL and cable connections. 5G reshapes mobile connectivity – 5G now represents 37% of...

Owner:  Jeff Mucci
Trump’s Search For A Winnable War Lands In Nigeria -By Stephen Akanbi

Trump’s Search For A Winnable War Lands In Nigeria -By Stephen Akanbi

In a stunning move that has United States politicians scrambling for their atlases and world leaders checking their calendars to confirm that it is not April the 1st, President Donald J. Trump has issued a grave threat to our beloved sovereign...

Owner:  Jeff Okoroafor
Leaks Expose Collapse Of EU/US-Backed Belarusian ‘Opposition’

Leaks Expose Collapse Of EU/US-Backed Belarusian ‘Opposition’

But leaked emails reveal her increasingly unpopular campaign for power in Minsk nearly collapsed under the weight of corruption scandals and infighting. When Belarusian opposition figure Sviatlana Tsikhanouskaya declared herself “President” of an...

Owner:  Margaret Flowers & The Alliance for Global Justice (Non-profit)
COPENHAGEN EXPAT WALK’N’TALK: Voting Rights for International Citizens in the Cph Local Elections

COPENHAGEN EXPAT WALK’N’TALK: Voting Rights for International Citizens in the Cph Local Elections

On 18 November, Copenhagen will hold municipal and regional elections. Everyone from EU countries, Iceland, Norway or the UK or who have lived in Denmark for 4 years or more have the right to vote – and your voice can help shape the city you live...

Owner:  Jesper Skeel
Iceland just lost its No. 1 spot as world’s safest country - the new safest country will surprise you

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