Cyprus Business News

Israel’s El Al airlines launched a pilot programme at its Tel Aviv airport check-in counters on Monday to test unvaccinated passengers for Covid-19 before allowing them to board a ...

Lex Greensill’s mission to “make finance fairer” has taken him from the sugar cane fields of Bundaberg in Australia to the gold embossed halls of Buckingham Palace. On Monday, ...

“Businesses in Cyprus support each other. It’s a real community,” comments Despina Panayiotou Theodosiou, CEO at Tototheo Maritime & President at WISTA International in an interview with the Cyprus ...

Borsa İstanbul General Manager Mehmet Hakan Atilla announced his official resignation on Monday. He had previously stated that he was taking a six-month leave from his post. Former Halkbank Deputy ...

The dollar held near a one-month high against the British pound, which traded at $1.3819, and a three-month high against the euro, which stood at $1.1904. The dollar hovered near three-month highs ...

Brent crude futures surged above $70 a barrel on Monday for the first time since the COVID-19 pandemic began, while U.S. crude touched its highest in more than two years, ...

S&P Global, late on Friday, affirmed its rating for Cyprus at ‘BBB-/A-3’ for long- and short-term foreign and local currency sovereign credit ratings for Cyprus. The outlook ...

Britain’s top EU adviser David Frost on Sunday defended Britain’s unilateral move to smooth post-Brexit trade between Britain and Northern Ireland, over which the EU has promised to ...

The first independent digital banking platform in the United Arab Emirates launched on Sunday, a neobank hoping to become a leader in the Middle East, Africa and South Asia. Dubai-based ...

The German government has agreed to pay four nuclear operators nearly €2.6 billion ($3.1 billion) in compensation for forcing them to shut their nuclear plants early in response to the Fukushima disaster, ...

By deciding to leave production unchanged for another month at its meeting on Thursday, OPEC+ risks causing the oil market to overheat. The expanded group of oil exporters defied expectations ...

The world of foreign exchange is divided into three parts: Majors, minors and exotics. Most traders concentrate on the majors and ignore the rest. But there is ‘gold’ to be ...

The rollercoster ride in bitcoin since the start of the year has not dampened wealth manager Jim Paulsen’s enthusiasm for the cryptocurrency. Yet Paulsen, chief investment officer for Leuthold ...

US drugmaker Merck & Co Inc said on Saturday the experimental antiviral drug molnupiravir it is developing with Ridgeback Bio showed a quicker reduction in infectious virus in its phase 2...

Although Cyprus’ mineral deposits are limited compared to large-scale copper producers such as Chile or Peru, Cyprus has significant untapped minerals deposits and could benefit from the global surge in ...

21CY01 Technical Support for capacity building and methodological support for the effective preparation and implementation of the Recovery and Resilience Plan 130,000 21CY06 Preparation and implementation of green taxation reform in ...

FC Barcelona, along with fellow Spanish LaLiga football teams Real Madrid, Athletic Bilbao and Osasuna have been ordered to repay millions in state aid., The European Court of Justice, the ...

The United States on Thursday agreed to a four-month suspension of retaliatory tariffs imposed on British goods such as Scotch whisky over a long-running aircraft subsidy row, with both sides ...

Will the EastMed pipeline bypass Cyprus? by Dr. Charles Ellinas The Greek and Cypriot press abounds with news and denials that a new plan has emerged for the much-talked about ...

The Cyprus IT Community on Thursday announced its formal partnership with the Lebanese IT Syndicate, as an increasing number of Lebanese tech companies consider relocation to the island. The Lebanese ...

European Investment Bank survey has shown that 51 per cent of Cypriot firms have cut investment during the Covid-19 pandemic, well below the EU average of 45 per cent. The survey, which ...

Germany’s financial watchdog has filed a criminal complaint against Greensill Bank’s management for suspected balance sheet manipulation, according to people briefed on the matter, the Financial Times reported ...

Amazon.com Inc (AMZN.O) will open its first-ever physical store outside the United States on Thursday. It is a first step in a global plan for expansion that is ...

The future for Cyprus professional services is to use its vast know-how and experience in international markets, and to do this, planning is needed, Marios Klitou, CEO of Baker Tilly ...