Cyprus Business News

Greece’s Piraeus Bank last week completed a share capital increase of €1.38 billion, and, in the process, attracted international investor interest. Billionaire investor John Paulson was among a number of ...

With a super SIM card and app, some Chinese smartphone users will soon be able to make phone calls protected by quantum encryption. Unlike traditional encryption methods that rely solely ...

Ethereum , the world’s second largest cryptocurrency in terms of market capitalisation, touched a new peak on Wednesday, with participants citing media reports about the European Investment Bank’s plans ...

Ryanair chief executive Eddie Wilson on Tuesday ruled out any move to Heathrow, and poured cold water on the idea that ‘staycations’ would boom in the UK, FlightGlobal reported. “It ...

Limassol is planning to develop a financial district, ‘Wall Street’ by the sea; the long-awaited technology park is to begin development by yearend. “We are moving ahead with big improvements ...

Over 11,000 Turkish-backed Syrian mercenaries remain in Libya despite a ceasefire agreement that calls for the withdrawal of all foreign fighters, the Libya Review reported on Saturday. At the same time, ...

Some of Turkey’s biggest banks are reluctant to finance President Tayyip Erdogan’s planned Istanbul canal due to environmental concerns and the investment risks hanging over the massive construction ...

Tesla’s (TSLA.O) quarterly report on Monday hit targets qualifying Chief Executive Elon Musk for two options payouts worth a combined $11 billion. The electric car maker beat Wall Street’...

While politicians hail digital health passes as the solution to aviation’s Covid-19 crisis, airline bosses are still having sleepless nights about clogged up airports as they worry how to ...

Lebanese Minister of Public Works and Transport Michel Najjar early this month signed an amendment of a decree that would fix Lebanon’s maritime borders – unfortunately the proposed demarcations are ...

It has been roughly six months since Sony and Microsoft released their much-awaited next-generation consoles, the PlayStation 5 and Xbox Series X, but the battle for console supremacy is only starting ...

American tourists who have been fully vaccinated against Covid-19 will be able to visit the European Union over the summer, EU Commission President Ursula von der Leyen told The New ...

Britain looks set to see faster economic growth than the United States this year as the country races ahead with its vaccination programme after its slump in 2020, Goldman Sachs said ...

Wizz Air (WIZZ.L) is expecting to fly 60 per cent to 80 per cent of its previous capacity this summer, its chief executive said on Friday, as the Hungarian low-cost airline ...

Richard Reast has been working in the advertising, marketing, and digital marketing industry for over 20 years. He’s a former business director at the international agency TBWA in London. He ...

Limassol is composed of 4 elements, according to cultural historian Prof. Mimis Sofocleous: Ochre: because all houses were once painted in this colour; The mandolin, which with the guitar, created the ...

“We have this big difference: We didn’t launch to build another new bank, or to offer another card. We launched to solve the problem that people find it difficult ...

“Marketing an online business is lot of work. To make it simple: First of all, you already have the Facebook and Instagram algorithms which enable you to detect whom you ...

The price of a bitcoin has fallen back this week from its record high at $63,000 that it reached on April 13. Bitcoin is at this writing priced at €40,795 and $48781. But analysts ...

by Kyriaki Raouna Editor’s Note: Kyriaki Raouna, 29, has been working in online business for about six years. For a discussion of online business, we don’t only want the ...

“We took the decision internally not to pursue any outside funding. We have been profitable and cashflow positive from the very beginning, because we self-funded all development. The initial software, ...

“Crypto is like the elephant in the room. It’s the missing piece in online payments. Using crypto assets, not just bitcoin, but XRP, Ethereum, etc. we can modernise the ...

Wargaming has been a leader in online gaming for more than 20 years. With 15 titles in the free-to-play online action games market, it has seen unprecedented success; World of Tanks, for ...

“I remember when Cyprus banks didn’t even want to open an account for companies operating on the Internet. They simply didn’t understand this business. Nowadays, of course, everything ...