Cyprus Business News

“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 ...

“Building trust for a brand online is one of the biggest challenges for any product, but particularly for a product in which smell or taste is a key quality,” comments ...

by Invest Cyprus The worldwide shift towards e-commerce and online services amid lockdowns and other Covid restrictions is likely to continue as economies open up in the post-pandemic era, and ...

“We stand next to our client as business partners and consultants with technological expertise so that they can reach their full potential on digital payment solutions. This is a huge ...

GetForward connects people, cultures, entrepreneurs, and businesses with long-term mindsets eager to grasp the future. It acts as the springboard to empower decisions that lead to a better tomorrow. The ...

Mining companies awarded blocks in Egypt’s Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks eventually to unlock vast untapped mineral resources. Despite ...

A new index created by WiRE FS shows that the prices of Cyprus property, across most categories, fell in the first quarter of 2021. Rents also recorded a drop in most ...

After intense negotiations for several days in Moscow, the Russian Federation has agreed to restart regular flights to Cyprus on May 1, according to a tourism industry source. An official announcement ...

Turkey’s lira skidded 2 per cent to its weakest this month on Thursday as the country’s ties with US come under strain, and after President Tayyip Erdogan again defended ...

Ever since its conception, the Nord Stream 2 project has faced controversy within Europe and has attracted the wrath of and sanctions from the US due to concerns that ‘it will ...

American bank JP Morgan has attempted to amplify its involvement with football over the past two decades, not so much for the betterment of the sport, but rather to further ...

The governor of the Central Bank of Cyprus Constantinos Heredotou warned on Tuesday of an impending increase in non-performing loans in the near future. Heredotou told the 11th Nicosia Economic ...

The art world in Cyprus has been one of the hardest hit by the pandemic, with galleries, cinemas, theatres, concerts and other events being forced to shut down, indefinitely postponed ...

New York keeps its first place in the ranking of global financial centres, and London in second place is under pressure from Frankfurt and Shanghai. Frankfurt jumped seven places in ...

Parklane, a Luxury Collection Resort & Spa is now open! Parklane, a Luxury Collection Resort & Spa, is now open for the Summer 2021 season and ready to welcome you back! ...

Are you ready to start your own business? Have you done the numbers and said that this is the perfect moment to take the next step in your career? If ...

Crude futures settled lower on Tuesday, pulling back from one-month highs, on fears that India, the world’s third-biggest oil importer, may impose restrictions as coronavirus infections and deaths surge ...

Apple Inc (AAPL.O) announced on Tuesday a range of new computers, a paid podcasting service and devices for finding lost items, signaling the continued expansion of its once-simple product ...

Cyprus Finance Minister Constantinos Petrides on Tuesday outlined a plan that integrates the European instrument, the “Recovery and Resilience Facility” with the strategy for the country’s economy. First of ...

The French state has taken firm control of Air France-KLM after the recapitalisation with €1.03 billion via the issuance of shares. Late Monday, the airline announced that it had successfully placed ...

The US State Department said on Monday it will boost its “Do Not Travel” guidance to about 80 per cent of countries worldwide, citing “unprecedented risk to travelers” from the Covid-19 ...