Cyprus central bank lowers economic growth forecast
The Central Bank of Cyprus (CBC) on Monday made a slight downward revision to its...
Business Correspondents
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Cyprus central bank lowers economic growth forecast
The Central Bank of Cyprus (CBC) on Monday made a...
ECB needs to be cautious about doing too much on rates –...
The European Central Bank has reached the point where it needs to be wary of raising interest rates too high...
Cyprus Business Now: weekly wrap-up
Here are the top business stories in Cyprus from the week starting September 18: Tourist arrivals to Cyprus witnessed...
Cyprus banking sector resilient amidst challenges
The Cypriot banking sector managed to bolster its resilience in 2023, despite recent economic and geopolitical events, according to Constantinos...
Cyprus Business Now
An initiative by the Bank of Cyprus aimed at bolstering efforts to protect borrowers and first homes was discussed on...
5 reasons to switch from Android to iPhone
Nowadays, switching from other manufacturers’ smartphones to Apple in Cyprus is easy...
Big Pharma bets on AI to speed up clinical trials
Major drugmakers are using artificial intelligence to find patients for clinical trials quickly, or to reduce the number of people...
Easing job jitters in the digital revolution
As new technologies reshape workplaces, EU research has come up with new ways to help companies and workers stay in...
Broadcom falls on report Google discussed dropping firm as AI chip supplier
Broadcom (AVGO.O) tumbled 6 per cent on Thursday after The Information reported Google executives had discussed dropping the company as...
Poland investigates OpenAI over privacy concerns
A Polish watchdog is investigating Microsoft-backed (MSFT.O) OpenAI over a complaint that its ChatGPT chatbot breaks European Union data protection...
Cyprus commits to Green and Digital transformation in alignment with EU priorities
Cyprus is dedicated to a dual green and digital transformation,...
Cyprus tech sector wants to attract global giants — Ireland seen as...
TechIsland, Cyprus’s leading tech business association, celebrated a significant milestone as it concluded the “Building Tech Islands: A Workshop on...
Startups with electric vans race to fill demand for zero-emissions delivery
A clutch of European and US delivery company startups is racing to serve the growing market for offering zero-emission, electric...
Cyprus research and innovation ecosystem has flourished, RIF director says
The Cypriot startup, innovation and research ecosystem has grown considerably in recent years, according to Theodoros Loukaidis, the Director-General of...
House committee engages with Centre of Excellence
The CYENS Centre of Excellence recently held a meeting with the President of the House Commerce Committee, Kyriakos Hadjiyiannis, regarding...
Staffing issues in tourism sector must be dealt with
Cyprus has been established as an important attractive tourist destination...
Consulco’s London Credit Fund: Existing and new investment opportunities
Consulco Group was established 30 years ago and has offices in London, Dubai, Nicosia and Limassol Consulco, through its...
Cyprus property prices ‘escalating beyond traditional expectations’
The upward trajectory of property prices in Cyprus over recent years, driven notably by the rising cost of construction materials...
Rights when a rental agreement expires
A property owner who notifies a tenant when their rental agreement expires that they do not intend to renew it...
Limassol property sales near half a billion in second quarter of 2023
Real estate sales in Limassol rose to nearly half a billion euros in total value during the second quarter of...
A year after budget crisis, UK debt faces fresh pensions headwind
Britain’s pensions industry, Europe’s biggest, is posing a new challenge...
ECB needs to be cautious about doing too much on rates –...
The European Central Bank has reached the point where it needs to be wary of raising interest rates too high...
UK’s fossil fuel car ban delay may only stall investment
Britain’s decision to delay a ban on new fossil fuel car sales may make little difference to the pace of...
US sanctions authority delayed KFC’s Russia exit
A US sanctions authority delayed for months KFC’s exit from Russia this year after commenting on an “exit tax” for...
Big Pharma bets on AI to speed up clinical trials
Major drugmakers are using artificial intelligence to find patients for clinical trials quickly, or to reduce the number of people...
Cyprus tourism industry hones in on labour shortages
In a collaborative effort to tackle the challenges facing the...
Cyprus investment agency puts spotlight on tourism sector
Invest Cyprus on Friday released a statement outlining the targeted actions that it has taken to attract investments in the...
Cyprus hoteliers association wants to foster hospitality culture
The Cyprus Hoteliers Association (Pasyxe), led by President Thanos Michaelides and General Director Philokypros Rousounides, held discussions with the Greek...
Cyprus tourist arrivals surge by 13.4 per cent in August — fueled...
Tourist arrivals to Cyprus witnessed a significant surge of 60,254 visitors in August 2023, a rise of 13.4 per cent...
Fly responsibly? Airlines face a storm over climate claims
When Dutch airline KLM launched adverts urging customers to “fly responsibly” and think about the environmental impact before booking a...
Limassol port manager working with local stakeholders on green energy solutions
In a bid to combat carbon emissions and align with...
Cyprus aids flood victims in Greece with €50 million
The President of the Cyprus Shipowners’ Union Andreas Hadjiyiannis on Sunday announced the financial aid amounting to €50 million for...
Cyprus sees tenfold surge in imports from Turkey
Imports of goods made in Turkey have skyrocketed in the last couple of years. And though the direction of trade...
Deputy shipping minister met with IMO directors
Deputy Minister of Shipping, Marina Hadjimanoli met with Secretary General of the IMO Kitack Lim and newly elected General Secretary...
Cyprus shipping prowess showcased at London event
By Souzana Psara Deputy Minister of Shipping Marina Hadjimanoli on Monday afternoon addressed an audience of international stakeholders at a...
