Business

Cyprus has set itself the “ambitious” target of having a third of energy consumption derive from renewable sources by the year 2030, the energy minister said on Thursday, while also announcing ...

The energy regulators of Cyprus and Greece reaffirmed on Thursday their ongoing commitment to the Great Sea Interconnector – the proposed subsea electricity cable connecting the two countries. In a statement, ...

As the blockchain market changes, innovation is the key to staying ahead, and Mutuum Finance (MUTM) is proving to be a game-changer, potentially outpacing established giants like Chainlink (LINK) trading $13.70 ...

In the rapidly growing market of decentralized finance (DeFi), discerning investors are continually seeking promising assets to enhance their portfolios. Among the top contenders today are Avalanche (AVAX), currently trading ...

In a bold move that’s turning heads across the DeFi market, Mutuum Finance (MUTM) has just secured a massive $4 million in funding, signaling strong investor confidence in its game-changing ...

The Cyprus Stock Exchange (CSE) council has officially ratified the decision to suspend trading of shares belonging to Salamis Tours (Holdings) Public Ltd. This decision, taken under Article 184 of the ...

The Bank of England held interest rates at 4.5 per cent and warned against assumptions that they would be cut over its next few meetings as it grappled with deep uncertainty ...

The Cypriot government on Thursday announced new measures aimed at increasing housing availability and stabilising property prices. Specifically, Interior Minister Konstantinos Ioannou outlined a series of policy changes during this ...

Local government reform and its impact on land development took centre stage at the19th property development, construction conference and exhibition, presented by Exness on Wednesday. A roundtable discussion, moderated ...

A loan against property is a versatile financial solution that allows you to pledge your residential or commercial property as a collateral to secure sizeable funds. Whether for business expansion, ...

Tesla is recalling 46,096 Cybertruck vehicles in the US- nearly all Cybertrucks made up to February – to fix an exterior panel that could detach while driving, adding to a series of ...

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 ...