Banking and Finance

Convertible mutual funds play an important role in financial markets having the total number of open-end funds worldwide increase by 40% from 2011 to 2020. Almost half of these funds are located in ...

By Pavlos Loizou, Managing Director, WiRE-FS Demographic and social changes are impacting the international housing market, and of course that of Cyprus. In the US, large companies and high-net-worth individuals ...

First Abu Dhabi Bank (FAB.AD) is expected to sell 250 million pounds ($344.38 million) in five-year bonds, a document showed on Tuesday. FAB, HSBC (HSBA.L), Standard Chartered (STAN.L) and ...

British consumers curbed their borrowing in July in the face of rising COVID-19 cases that forced many more people to self-isolate, and homeowners made a rare net repayment on their ...

The sizzling pace of house price rises in most major world housing markets since the pandemic began has likely peaked, but affordability is set to remain stretched or worsen in ...

FOO, a leading fintech provider in Lebanon, has opened an office in Nicosia. The company plans to expand in Cyprus and around Europe from its base here. by George Eid ...

Turkey’s central bank has changed the criteria identifying short-term external debt, thus reducing the amount on its books by $25 billion, the bank announced in a statement last week. Short-term ...

Gita Gopinath, chief economist of the International Monetary Fund (IMF), has warned that recovering economies will be threatened by a ‘taper tantrum’ — meaning that interest rates rise in the US ...

Cypriots who invest in global stocks will get a bonus this year, if the company they’ve place funds with pays dividends. They may also be rewarded with a shares ...

Have we passed the peak of inflation fear? Investment insights from EFG Bank After one of the worst years for global economic growth in 2020, this year looks set to be ...

When businesses stray into apperception, they tend to fall from the sublime to the ridiculous. Businesses recognise creativity when it happens; that is simple perception. But in recent years, the ...

Most importantly, technology has to be benchmarked against our clients’ needs. We see technology as an enabler and change for the sake of change isn’t always a good thing. ...

Up to now, the Bank has launched a number of innovative products that allow customers, to seamlessly perform payments to merchants or transfers to third parties using their smart devices. ...

Andrew Anastasiou is the founder of NBNX. Tell us what your company’s mission is, and describe in brief the strategy that implements that mission? Our mission at NBNX is ...

Wouldn’t you like to own an original work of art by Jeff Koons? Or a video of Eric Clapton and Rihanna arranging a song together? Suppose you could also ...

Most older Brits grew up with ‘going down the pub’ as a fixed ritual in everyday life. But all of this changed in the past decade, and pubs have been ...

A momentous German election marking the end of Angela Merkel’s 16 years as chancellor is less than a month away and with no clear outcome in sight, markets may start ...

Abu Dhabi conglomerate International Holding Co (IHC.AD) is considering acquisitions worth a few billion dollars in total across several sectors, including a real estate developer in Abu Dhabi, its ...

The global supply chain is grinding to a halt, under the pressure of soaring consumer demand for goods and insufficient technology at ports and for shipping. – this offers an opportunity ...

Banks expect stricter lending criteria for households, unchanged criteria for lending to businesses and an increase in the demand for loans in all categories for the second quarter of 2021, the ...

The Taliban have appointed an acting head of Afghanistan’s central bank to help ease growing economic turmoil, more than a week after the Islamist movement seized the capital Kabul, ...

Bitcoin’s price surged past $50,000 on Monday for the first time since May, but the rebound from a months-long slump later ran out of steam. The world’s largest cryptocurrency ...

PayPal Holdings Inc (PYPL.O) will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday. The roll-out, ...

Amid economic disruptions from Covid-19, global trade on the whole held up relatively well in 2020 and moved on to greater strength in 2021, according to a report by United Nations Conference ...