Business

Hydrocarbon exploration and production company Energean announced on Thursday its audited full-year results for the year ended December 31, 2024. Mathios Rigas, Chief Executive Officer of Energean, stated, “During 2024, we have continued ...

In today’s fast-paced business world, managing financial transactions efficiently, securely, and cost-effectively is crucial. Whether you’re dealing with cross-border payments, multi-currency transactions, or corporate expenses, having the right ...

The Cyprus Association of Research and Innovation Enterprises (CARIE) has put forward a number of proposals for enhanced tax incentives and relief measures for innovative businesses. These proposals were submitted ...

The Cyprus Employers and Industrialists Federation (Oev) this week participated in a tripartite social summit for growth and employment in Brussels. The Oev delegation was led by its president Antonis ...

CarVal Investors, a prominent investment fund, has further reduced its stake in the Bank of Cyprus, decreasing its shareholding from 4.99 per cent to 3.07 per cent, according to a report from ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday highlighted that the rapid evolution of technology has transformed the financial sector, reshaping how investors and consumers manage their money. Specifically, ...

Hellenic Bank is advancing on two major integration fronts, preparing for a dual merger process that will consolidate both its banking and insurance operations. The bank’s banking sector is ...

Cyprus’ Harmonised Consumer Price Index (HCPI) increased by 2.3 per cent year-on-year in February 2025, according to the state statistical service. In addition, the index rose rose by 0.3 per cent when compared ...

Credit rating agency Moody’s on Wednesday upgraded the baseline credit assessment (BCA) and adjusted BCA of Hellenic Bank, shifting its outlook from stable to positive. Specifically, the agency raised ...

Pay increases granted by British employers have fallen back in line with inflation for the first time since October 2023, according to data from human resources data firm Brightmine that is ...

Google (GOOGL.O) was hit with two charges of breaching landmark EU rules on Wednesday, while Apple (AAPL.O) was ordered to help rivals connect with its iPhones and iPads, ...

The European Union will tighten steel import quotas to reduce inflows by a further 15 per cent from April, a senior EU official said on Wednesday, in a move aimed at ...

Turkey’s lira fell as much as 12.7 per cent to an all-time low of 42 to the dollar on Wednesday, with bonds and stocks also tumbling, after authorities detained President Tayyip ...

The cryptocurrency market has always rewarded early investors who recognize high-growth potential before a project gains mainstream traction. Mutuum Finance (MUTM) is emerging as one such opportunity, offering a decentralized ...

The cryptocurrency market is constantly evolving, and as the next altcoin season approaches, investors are searching for promising opportunities beyond meme coins. While Shiba Inu (SHIB) has had its moments ...

Credit rating agency Moody’s on Wednesday upgraded the baseline credit assessment (BCA) and adjusted BCA of Hellenic Bank, shifting its outlook from stable to positive. Specifically, the agency raised ...

The greatest innovation in the world of cryptocurrencies is defined by the most bizarre ones. To be more precise, presales are the very first investment opportunities. However, challenging projects are ...

The cryptocurrency market has long been dominated by major players like Cardano (ADA) and Polygon (POL), both of which have established themselves as key blockchain networks with strong use cases. ...

Salamis Tours, originally founded by Vasos Hadjitheodosiou, remains under the firm control of his family. Recently, E.V.H. Investments Limited, a subsidiary within the family’s business structure, increased ...

Cyprus is seeing a surge in tourists from Romania, with arrivals rising 120 per cent over two years, Deputy Minister of Tourism Kostas Koumis said, welcoming the decision of airline Animawings ...

Residents who joined Nicosia municipality under the new local administration reform were in for a shock in March, when they started receiving inflated annual property tax bills. The bills appear ...

Cyprus is poised to reap significant benefits as an investment destination following last week’s approval by the Councils of a new plan to provide urban incentives for developments in ...

Bond investors are bracing for a US economic downturn, as they pare back risky exposures, while many are extending duration in their fixed-income portfolios, taking in to account a Federal ...

The Great Sea Interconnector (GSI), connecting the electricity grids of Greece, Cyprus and Israel is now being handled on a diplomatic level as it has become a matter of foreign ...