Business

Fuel prices across Cyprus appear to be distorted in 2023 – 2024, with significant price differences across cities, the Cyprus consumers association said on Wednesday. Nicosia in particular appears to have the biggest ...

Hellenic Bank successfully completed a €100 million Senior Preferred bond issuance under its €1.5 billion Euro Medium-Term Note (EMTN) programme, according to an announcement released on Wednesday by the bank. The bond ...

Chief Scientist Demetris Skourides recently visited India to participate in an event organised by Invest Cyprus, according to an announcement released this week. The event, which took place on September 5, ...

Budget airline Wizz Air on Wednesday announced the arrival of its first Airbus A321XLR (Extra Long Range) aircraft, which will be joining its UK fleet at London Gatwick on ...

The Cyprus Shipping Chamber (CSC) leadership represented the Cypriot shipping industry at a recent meeting of the International Chamber of Shipping (ICS) in London. The event involved discussions on numerous ...

Renovation work is currently in full swing at the historic Berengaria Hotel in Prodromos, one of Cyprus’ most historic mountain resorts. The well-known residential and commercial developer BBF is spearheading ...

The Paphos Regional Tourism Board (Etap) this week said that preparations are in full swing in the village of Panagia as it gears up to host this year’s grape ...

The Central Bank of Cyprus (CBC) this week released detailed interest rate data for deposits and loans from individual credit institutions. This marks the first instance of this report being ...

The European Researchers’ Night will return to the State Fair in Nicosia on Friday, September 27, with the agenda of the day including live experiments, science competitions, and interactive games. The ...

PwC Cyprus’ Michael Solon Kassinis has outlined the critical importance of the European Union’s updated Network and Information Security Directive (NIS2), set to take effect on October 17, 2024. Kassinis, who ...

The Bank of Cyprus on Tuesday announced that it has begun informing 20,000 eligible borrowers about its latest loyalty reward scheme. According to the announcement, the Bank of Cyprus’ new Pronomia ...

UK grocery inflation edged lower in the four weeks to Sept. 1, data from market researcher Kantar showed this week, after rising for the first time in 18 months in last month’...

The Bank of London has paid all its taxes, a spokesperson said this week, after British media reported that the clearing bank had been hit with a so-called winding-up petition ...

Investor morale in the eurozone fell for a third consecutive month in September, a survey showed this week, dropping to its lowest level since January amid dissatisfaction over the state ...

Aldi’s supermarket group has announced a 16 per cent increase in sales across Britain and Ireland, reaching £17.9 billion ($23.48 billion) in 2023. The retailer also revealed plans to open 23 additional stores by ...

Leading European financial services provider payabl. announced on Tuesday the launch of its innovative payment accounts solution. This cloud-based, API-first solution is designed to help businesses of all sizes manage ...

Chairman of Agros Development Company Antonis Pissarides has highlighted the urgent need for support and compensation for mountain hotels, saying that they are at risk of permanent closure. Pissarides warned ...

The Bank of Cyprus on Tuesday announced that it has begun informing 20,000 eligible borrowers about its latest loyalty reward scheme. According to the announcement, the Bank of Cyprus’ new Pronomia ...

The world of cryptocurrency is ever-evolving, with countless opportunities for investors to get in on the ground floor of promising projects. One such opportunity is through crypto presales, a concept ...

The value of bounced cheques recorded in Cyprus reached €57,129 in August 2024, according to a report released this week by the Central Bank of Cyprus (CBC). This figure comes from a ...

Cypriot lawmakers this week called for major revisions or the withdrawal of a bill proposing to raise the current 1.5 per cent allocation of sports betting profits to football clubs to 3 ...

Cyprus’ trade deficit narrowed in the first seven months of 2024, reaching €4.31 billion compared to €5.19 billion during the same period in 2023, according to a report by the Cyprus Statistical Service (Cystat). ...

Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, according to a lobby group report. New British Prime Minister Keir Starmer ...

Britain’s antitrust regulator announced that it had provisionally found Alphabet’s (GOOGL.O) Google had abused its dominant position in digital advertising to restrict competition. The Competition and Markets ...