Cyprus and Egypt sign electricity MoU
Cyprus signed a memorandum of understanding with Egypt on the electrical interconnection between the two countries on Saturday. The agreement was signed between Energy Minister...
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Banking and Finance Business Cyprus Cyprus Business News Cyprus by the Numbers Guest Columnist International Opinion
Measuring the informal economy: one guess is as good as another
By George M. Georgiou According to Eurostat’s data browser, Cyprus’ real per capita GDP in 2020 was €23.050, which is about 87 per cent of...
Germany’s Nord Stream 2 gatekeeper: the long road until gas flows
The Nord Stream 2 pipeline is completed and ready to pump Russian gas to Europe, but nothing is flowing yet because it is still awaiting...
Startups shine at Reflect Festival
Aspiring unicorn ventures, meaning startup companies reaching a valuation of $1 billion, took centre stage on the second day of the Reflect Festival in Limassol....
Cyprus Business Now
Bank of Cyprus’ Director of Compliance Division Marios Skandalis said that the coronavirus pandemic has given businesses an opportunity to reshape their long-term strategies to...
Company insolvencies in England and Wales return to pre-lockdown levels
Company insolvencies in England and Wales rose last month and returned to levels seen just before the COVID-19 pandemic, official data showed on Friday. The...
Half-shredded Banksy fetches $25.4 mln on return to Sotheby’s
A Banksy picture which was half sliced by a shredder concealed in its frame when it was sold at auction fetched 18.6 million pounds ($25.4...
New strategy launched to attract investors
The government on Friday presented its new strategy for attracting businesses to Cyprus with emphasis, among others, on high technology, shipping, innovation, and research and...
Bitcoin ups and downs in 2021
The Bitcoin rollercoaster ride may be ruthless, but it’s also logical. The digital currency’s boom and bust cycles are some of its defining features and...
Vulnerable groups urged to use electricity discounts
President Nicos Anastasiades on Friday urged vulnerable consumers to make use of existing incentives that offer up to a 20 per cent discount on their...
Make your first Bitcoin investment hassle-free with these helpful tips!
Some people are interested in making bitcoin investments, but they hesitate to do so because they think they don’t know how to do it. If...
Big Tech to face another bipartisan antitrust bill
A bipartisan group of lawmakers, headed by Senators Amy Klobuchar, a Democrat, and Republican Chuck Grassley, plan to introduce a bill that would bar Big...
Technology will help shipping become greener and more efficient
Deputy Minister of Shipping Vasilis Demetriades stressed the importance of digital technology for the maritime sector during his speech at the CSN Cyprus Shipping ICT...
Cyprus Business Now
The Apollonion Private Hospital in Nicosia has officially been acquired by the American investment fund CVC Capital Partners. The signing of the contract and the...
Boeing says certain 787 parts improperly manufactured
Boeing Co (BA.N) and US regulators said Thursday that some titanium 787 Dreamliner parts were improperly manufactured over the past three years, the latest in...
Beneficial information on finding the best crypto platform!
There is no shortage of cryptocurrency trading players across the globe. Due to the high demand for cryptocurrencies, prices are increasing every day. It is...
Petrides says current inflation hike seen as transient
Finance Minister Constantinos Petrides voiced concern on Thursday over the risk to the economy from rising prices but said that inflation is currently viewed as...
UAE, South Korea agree talks on trade deal
The United Arab Emirates and South Korea on Thursday agreed to start talks on a bilateral trade deal they hope will expand economic opportunities, including...
What is the easiest way to buy bitcoins?
Introduction The value of bitcoin is rapidly increasing because it is a popular cryptocurrency. Millions of user’s trade bitcoins daily, but some people do not...
Price pinch: global economy caught in perfect storm
From beef bowls in Tokyo to fried chicken in London, consumers are beginning to feel the pinch from the surge in costs washing over the...