Cyprus Business News

The total value of Assets under Management (AuM) of Collective Investments reached a record €10.7 billion in the first half of 2021, data from the Cyprus Securities and Exchange Commission showed on ...

Attendees at annual tech, business and future casting festival creating a lasting impact in Cyprus Cyprus has been through its share of challenges, as have many other countries throughout the ...

By Costas Stavrinos Outgoing Chairwoman of the Cyprus Securities and Exchange Commission (CySEC) Demetra Kalogirou said that her successor should not forget the Commission’s vision to establish the safest ...

The Ministry of Energy, Commerce and Industry that its recently launched programme to boost Small-to-Medium sized enterprise (SMEs) competitiveness has received 453 applications through the designated system. The number of applications ...

Finance Minister Constantinos Petrides on Friday expressed satisfaction with the “excellent work” that has been done in relation to the absorption of EU funds, putting Cyprus in the first places ...

With Turkish inflation close to 20 per cent, with 27 per cent of the population unable to afford necessities, the central bank has warned that it is planning to reduce interest rates. ...

Transavia, which flies to/from Cyprus from Amsterdam, is planning to boost its flights to twice per week in the winter, and once per day in the summer. This is ...

Transport Minister Yiannis Karousos expressed ‘total satisfaction’ with the progress of the Larnaca port and marina redevelopment project after visiting the site on Thursday, September 9. Karousos met with people from ...

The Cyprus-Greece Business Association will take part at the Thessaloniki International Fair which will take place between September 11 and September 19 of this year. The association’s president Iosif Iosif has ...

Commodities prices, already high across the globe, are likely to continue to rise, as we are in a “Supercycle,” according to a report by Platts at S&P. “What ...

The European Commission on Tuesday announced the adoption of its new Green Bond framework, taking a step towards issuing €250 billion (about $298 billion) in green bonds, equivalent to 30 per cent of ...

At CYENS, the Research Centre of Excellence in Cyprus (formerly RISE), a team is at work creating a digital twin of the city of Nicosia. “The digital twin offers the ...

The rebound phase for companies emerging from the pandemic is over, says the Gartner Group. Most companies are now preparing to reach the ‘next normal’ — exiting phase three of the ...

Cyprus Shipping Deputy Minister Vassilios Demetriades met with his Egyptian counterpart Transport Minister Kamel al-Wazir on Saturday, September 4, as part of the wider intergovernmental conference between the two governments. The ...

Invest Cyprus sponsored The International Hospitality Investment Forum (IHIF), the leading annual conference for the global hotel industry which was hosted in Berlin from 1st – 3rd September. George Campanellas, CEO ...

Saudi Arabia, the world’s top oil exporter, slashed prices of all crude grades to Asian customers in October versus September, but left prices to northwestern Europe and the United ...

Bitcoin rose 0.49 per cent to $50,188.4 at 1004 GMT on Sunday, adding $245.24 to its previous close. The world’s biggest and best-known cryptocurrency is up 81 per cent from this year’s low ...

The US has backed a plan to bring desperately needed gas to Lebanon from Syria. Syria said on Saturday that it welcomed Lebanon’s request to import Egyptian gas for ...

With the recent rebound across cryptocurrencies of various types, it’s time to take a hard look at the ones most likely to return on investment. The rebound started back ...

The government will continue supporting economic activity so that after the pandemic is over, previous positive growth rates will return, Finance Minister Constantinos Petrides said on Saturday. In a written ...

The Cyprus Securities and Exchange Commission (CySEC) presented its annual report for the previous year to the President of the Republic of Cyprus Nicos Anastasiades. The presentation of the report ...

European Union and International Monetary Fund (IMF) representatives will begin their post-memorandum inspection of the Cypriot economy on September 13 and conclude the process on September 22. The inspection, which will include ...

DeFi, decentralised finance, is the fastest-growing market in the cryptocurrency universe. More than $61 billion worth of trades have been executed in the market, up from about $15 billion at the start ...

Turkey’s annual consumer price inflation accelerated to 19.25 percent, extending the highest level since a currency crisis in 2018, according to data published by the Turkish Statistical Institute on Friday. The ...