Business

Disy and Akel on Wednesday were predictably on the opposite sides of the argument over the contentious ‘bank tax’ bill set to go to plenum on Thursday. Submitted by Akel, ...

OPEC cut its 2024 global oil demand growth forecast for a fifth straight month on Wednesday and by the largest amount yet, a series of downgrades that highlights China’s sputtering ...

As Cardano (ADA) and Ripple (XRP) show indications of peaking, investors are ready to find the next major altcoin to rule the charts. In anticipation of this, Rexas Finance (RXS) ...

What specific measures is Invest Cyprus currently taking to position Cyprus as a leading fintech hub? Our strategy for 2024-2026 focuses on three key areas: first establishing Cyprus as a ...

Government employment in Cyprus reached 55,243 people in November, according to the latest data from the state’s statistical service. This represents an increase compared to the average government workforce of 54,229 ...

The Finance Ministry on Wednesday announced that the Republic of Cyprus and the Sultanate of Oman have signed a double tax treaty. According to the ministry, the treaty, which was ...

CAPSBOLD, a creative marketing agency headquartered in Cyprus, and Tribe HR agency have joined forces this Christmas to support Sirius Dog Sanctuary, urging people to show love and care for ...

The government on Wednesday approved a scheme subsidising interest rates on housing loans, aimed at combating the impact of high interest rates and inflationary pressures. The cabinet’s decision said ...

President Donald Trump’s appointment of Paul Atkins as SEC head has raised discussions regarding cryptocurrency regulation. Atkins, a pro-crypto, may clarify the regulatory environment, creating tremendous growth chances for ...

The Bank of Cyprus on Wednesday announced that it has renewed its ‘Equality Employer’ certification, recognising its efforts to promote gender equality in the workplace. According to the announcement, the ...

Cyprus’ parliament this week approved a new law extending the interval for general property valuations from three to five years. The change aims to optimise resources and streamline operations within ...

Cyprus was represented at the annual general assembly of the European Community Shipowners’ Association (ECSA) and the meeting of its board, held on December 10 in Brussels. Representatives of the Cypriot ...

The Cypriot government on Wednesday provided an update on its strategic campaign to improve the country’s reputation on the global stage. This effort is being spearheaded by Invest Cyprus ...

Job vacancies have dried up faster in the United Kingdom than in other similar countries over the past year, recruitment platform Indeed said on Tuesday, adding to signs of a ...

The Association of Cyprus Banks on Tuesday expressed its readiness to adjust interest rates tied to the European Central Bank’s (ECB) base rate immediately after the ECB’s forthcoming ...

British shoppers faced increased pressure on their budgets in November after grocery price inflation edged higher for the third month in a row, industry data showed on Tuesday. Market researcher ...

Britain’s financial watchdog was accused in London’s High Court on Tuesday of unlawfully failing to help thousands of people excluded from a 2.2 billion-pound ($2.8 billion) bank redress scheme relating ...

One in four workers are on low wages, a research institute affiliated with the left-leaning Peo union said on Tuesday outlining how income distribution has tilted away from salaried employees ...

Short-termism has become a dominant feature of the investment landscape. Amid market volatility, geopolitical tensions and an overwhelming flow of news, staying focused on the bigger picture has become more ...

The Association of Cyprus Banks on Tuesday expressed its readiness to adjust interest rates tied to the European Central Bank’s (ECB) base rate immediately after the ECB’s forthcoming ...

GDEV, a global gaming company based in Limassol, recently teamed up with InvestGame to examine the IPO landscape of 87 gaming firms with a combined valuation exceeding $350 billion. The gaming sector, ...

Cyprus saw its trade deficit shrink to €6.37 billion in January–October 2024, a significant reduction compared to €7.56 billion during the same period in 2023. The improvement reflects a 12.3 per cent drop in ...

Billionaire entrepreneur Roman Avdeev has finalised the sale of his remaining stake in Rossium Group and other assets, completing his exit from all Russian business holdings. The transaction, originally announced ...

The Paphos Chamber of Commerce and Industry (Evep) hosted a meeting on Friday with Liu Kai, the Commercial Counsellor of the Chinese Embassy in Cyprus, to explore potential collaborations between ...