Cyprus Business News

The coming months, and 2022 will be crucial for ensuring the sustainability of public finances, Finance Minister Constantinos Petrides has said. His ministry is currently working on the state budget but ...

People who get the Delta variant of the coronavirus are twice as likely to be hospitalised as those who were infected by the Alpha variant which was first detected in ...

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 ...

In July, Cyprus was named one of five most improved EU countries, rising by 33 per cent since 2014. The report highlighted “very strong increases” in several indicators, including venture capital, broadband ...

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. ...

“IBS’s mission is to combine services and technologies from different vendors to create simple solutions for complex problems. In an effort to help businesses innovate, IBS’s strategy is ...

What can we expect from Cyprus tourism this year? Will the current increase in arrivals continue? What about the winter? Tourism industry analyst Johanna Bonhill-Smith of GlobalData has some answers. “...

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 ...

Martin Zarian is Co-Founder & Brand Strategist at Factory39 in Limassol Back in 2016 London, Martin Zarian and Zen Kyprianou were working for the big players. The goal and vision was ...

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 ...

The new revised Master Plan for the unified development of the Port and Marina of Larnaca was presented on Wednesday, in a project that will create more than 4,000 jobs. The ...

British Airways is planning to set up a budget airline subsidiary based at Gatwick airport, the airline told the Wall Street Journal on Thursday. Creating a new unit could provide ...

A recent EU report on Small- to Medium-sized Enterprises commends Cyprus support for SMEs during the pandemic, but sees some measures as lacking. The recently released Annual Report on European ...

Russia will have to split up ownership of the nearly-completed Nord Stream 2 pipeline, according to a German court order issued on Wednesday. In order to comply, Nord Stream 2 must be ...

Croatia’s tourism results almost reached the 2019 level in July and August, and booking for September also looks promising, Croatian Minister of Tourism Nikolina Brnjac said on Wednesday. “The number ...

There are at least four well-funded companies focused on competing to supply broadband from space in low-earth orbits. The market for these services is vast, but it particularly benefits shipping, ...

The general manager of the Cyprus Employers and Industrialists Federation (ΟΕΒ) Michalis Antoniou, speaking to StockWatch, said that there is a grave shortage of manpower that threatens the growth of the ...

The trade deficit in the first five months of 2021 recorded an annual increase of 10.2 per cent, according to data released on Monday from the Statistical Service of Cyprus. Total imports ...

Germany-based tourism group TUI recorded an adjusted operating profit (EBIT) of minus €699 million euros (846 million US dollars) in the first quarter of its fiscal year ending December 2020, the company announced ...

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 ...

Travel receipts in the first six months of the year increased by 51 per cent from the same period in the previous year, the Bank of Greece said in a statement ...

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 ...