Cyprus Business News

EU privacy watchdog EDPB on Wednesday gave the Irish data protection agency a month to issue a long-delayed decision on compliance by Facebook’s (FB.O) WhatsApp after its peers ...

The Cypriot used car market has experienced a severe decline over the past 12 years, with 70 per cent fewer sales since that time, according to Andreas Shikkis, president of the Pancyprian ...

The Cyprus Chamber of Shipping doesn’t think that the EU’s package to decarbonise shipping will simply prove effective. The “Fit for 55” package is a set of proposals to ...

The new French law extending the use of the health pass (pass sanitaire) to a wider range of public places will enter into force on Aug. 9 to help the country ...

Limassol mayor Nicos Nicolaides spoke exclusively to the Cyprus Mail about the city’s businesses, how they have been affected by the pandemic and what the municipality is doing to ...

Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its months -long range as short sellers bailed out and traders drew confidence from recent positive comments ...

Households and business owners in Cyprus are less optimistic about the economy when compared with a month ago, a report by the University of Cyprus Economics Research Centre shows. The ...

Property prices dropped in the second quarter of 2021 according to real estate data experts WiRE FS. On a quarterly basis, prices for apartments fell by 0.14 per cent, for houses by 0.36 ...

The Cyprus Securities and Exchange Commission has warned the public that certain individuals are contacting investors while pretending that they are representing the commission. Under this false premise, these individuals ...

This winter, for the first time ever, Cyprus is going to create a Christmas Village, Deputy Minister for Tourism Savvas Perdios told the Cyprus Mail in an interview on Monday. “...

Lebanon’s leading events design group is making a definitive move to Nicosia. A few weeks ago, Elias Krim finalised the process of moving his company which specialises in outdoor ...

Cyprus, France, Spain, Italy and 20 other EU countries may be taken to court for their tardiness in enacting landmark EU copyright rules into national law, the European Commission said on ...

Israel is considering giving a third shot of the Pfizer (PFE.N)/BioNTech Covid-19 vaccine to its elderly population even before FDA approval in order to help fend off the ...

The new CEO of Hellenic Bank Oliver Gatzke on Monday announced an ambitious programme to ‘reshape’ the organisation. Oliver Gatzke “I am pleased to announce my official appointment by the ...

Kuwait plans to establish logistic cities to support local economy and attract foreign investment, Kuwait Ports Authority (KPA) announced on Sunday. Sheikh Yousef Al-Abdullah Al-Sabah, KPA Director-General, said that these ...

Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive ...

Bitcoin has fallen to about half its record high in April of $63,000, and it’s been holding in that range for some time. A rebound is expected by many analysts, ...

Moody’s ratings agency has upgraded Cyprus’ sovereign rating to Ba1 from Ba2 and changed its outlook to stable from positive on a decrease in banking sector risks and the ...

The Limassol municipality is helping businesses affected by the pandemic by suspending or discounting a number of fees and taxes. According to a press release by the municipality, the decision ...

Eurobank on Friday announced the acquisition of a 9.9 per cent holding (40,800,000 shares) in Hellenic Bank, according to a statement released on Friday. It also announced entering into a share purchase ...

Transport Minister Yiannis Karousos said that the plan for the implementation of sustainable mobility solutions in Nicosia is progressing, according to the Cyprus News Agency (CNA). Speaking during an event ...

The European Central Bank pledged on Thursday to keep interest rates at record lows for even longer to boost sluggish inflation and warned that the rapidly spreading Delta variant of ...

Moody’s Investors Service (“Moody’s”) has on Wednesday upgraded Bank of Cyprus Public Company Limited’s (Bank of Cyprus) and Hellenic Bank Public Company Ltd’s (Hellenic Bank) long-term ...

The effectiveness of the Pfizer vaccine against Covid-19 has dropped to 39 percent in Israel, the country’s Ministry of Health said on Thursday. The Pfizer vaccine is also only 41 per ...