Business

The Cyprus Securities and Exchange Commission (CySEC) on Friday hosted an online event to Alternative Investments Funds Managers (AIFMs). The event focused on the technical and regulatory aspects of AIFMD ...

The number of Management Companies and Undertakings of Collective Investments (UCIs) in Cyprus stood at 323 during the third quarter of 2024, according to the Cyprus Securities and Exchange Commission (CySEC). In ...

Hellenic Bank on Friday issued a warning to its customers to remain vigilant against phishing scams, following a resurgence of fraudulent activities targeting its clients. The bank said that fraudsters ...

A proposed law aims to tackle the issue of unlicensed hotels and tourist accommodations in Cyprus by offering a temporary operating licence for up to six years. Currently, just 12.69 per ...

A new hotel is to open on Nicosia’s Makarios Avenue, according to reports. Newspaper Phileleftheros wrote that the new hotel will be built in the former Laiki Bank building, ...

The International Maritime Organisation (IMO) has officially opened its Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region in Alexandria, Egypt, a city with a deep ...

Building permits in Cyprus saw a significant drop in August 2024, with only 183 permits granted, compared to 450 in the same month in 2023, according to data from the Cyprus Statistical Service (Cystat). ...

The Cypriot real estate market remained stable in 2024, compared to the year before, reflecting the challenges faced by the sector, according to the Cyprus Real Estate Agents Registration Council. In ...

Norway’s central bank held its policy interest rate unchanged at a 17-year high of 4.50 per cent on Thursday, as unanimously expected by analysts in a Reuters poll, and maintained ...

South Korea’s Hyundai Motor (005380.KS) said on Thursday it is in talks with General Motors (GM.N) to supply commercial electric vehicles to its US peer, as it expects ...

Tesla (TSLA.O) will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with prices of Model 3 going up by as much ...

Associated British Foods (ABF.L) downgraded the annual sales guidance for its Primark budget clothing business on Thursday after disappointing results in the Christmas quarter in its main UK and ...

The government said Thursday that sometime over the next few weeks it will unveil a ‘strategic plan’ for attracting foreign investment to Cyprus, while also asking local businesspeople and industrialists ...

Puma (PUMG.DE) shares fell by 16 per cent as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual ...

Sui (SUI) has enjoyed significant popularity in 2024, gaining the attention of investors due to its price action and the strong possibility of greater appreciation in the future. If you did ...

Modern Living in the Emerging Neapolis Locale Tor Properties proudly presents Shinko Residences, an exciting addition to Limassol’s real estate landscape. This premium residential development redefines urban living with ...

The ministry of transport has announced plans for a significant expansion of Vasiliko port. This project aims to establish a new industrial port under the management of the Cyprus ports ...

The Cypriot real estate market remained stable in 2024, compared to the year before, reflecting the challenges faced by the sector, according to the Cyprus Real Estate Agents Registration Council. In ...

Despite a significant shift towards environmentally friendly cars in 2024, interest in Cyprus’ eco-friendly vehicle scheme appears to have stalled, according to data on applications submitted thus far. The scheme, currently ...

Seasoned executive Michael Polk is no stranger to being in the spotlight. He has decades of experience serving in high-profile roles in public companies like Kraft Foods, Unilever, and Newell ...

CFA Society Cyprus on Thursday announced the signing of a Memorandum of Understanding (MoU) with the Cyprus Stock Exchange (CSE). According to the announcement, this partnership “marks a significant step ...

Newly appointed secretary general of the International Chamber of Shipping (ICS) Thomas Kazakos on Thursday met with president Nikos Christodoulides at the Presidential Palace. Following the meeting, Victoras Papadopoulos, director ...

Oil prices dipped in Asian trade on Thursday, extending losses amid uncertainty over how US President Donald Trump’s proposed tariffs and energy policies would impact global economic growth and ...

Athens will soon be the site of the Doers Summit 2025, a new event set to highlight the rising stars of Emerging Europe’s startup ecosystem. Scheduled for February, the summit ...