Business

Abu Dhabi-based investment vehicle CYVN Holdings has entered a non-binding agreement to buy 100 per cent of carmaker McLaren’s automotive business from Mumtalakat, the sovereign wealth fund of Bahrain, the ...

Cyprus recorded a negative annual net financial position of -€29.12 billion in 2023, according to a report released on Tuesday by the state’s statistical service. As of December 31, 2023, the total ...

McDonald’s (MCD.N) posted a steeper-than-expected drop in quarterly global sales, hurt by muted demand across key markets, including Europe and the United States where it is expected to ...

This guide offers freelancers a detailed look at managing taxes in 2024, utilizing the latest tools and strategies to ensure accuracy in tracking earnings and maintaining compliance with evolving tax regulations. ...

The Ministry of Energy, Commerce, and Industry on Tuesday approved changes to the “conserve and upgrade for businesses and other entities” grant scheme. The scheme aims to provide support for ...

Limassol led Cyprus’ high-value real estate market in September, driving €29.8 million in top property sales, according to real estate analytics firm Ask Wire. The district accounted for six of the ...

The Deputy Ministry of Tourism is set to launch a series of initiatives in 2025 to support, promote, and enhance Cyprus as a tourist destination, according to the budget it submitted ...

By Alexandros Clappas Sustainable finance has recently emerged as a key area of interest for modern investors and market participants. The term sustainable finance more broadly encompasses environmental, social, and ...

Listing of crypto projects in trustworthy and popular exchanges and platforms like Coinmarketcap (CMC) shows their credibility and increases investors’ confidence in the crypto. From the listing on CoinMarketCap, Shiba ...

Cyprus Deputy Shipping Minister Marina Hadjimanolis is in Egypt to strengthen maritime cooperation between the two countries. Invited by Egypt’s Minister of Transport, the Cypriot minister will engage in ...

With the EU’s FuelEU Maritime regulation set to take effect in January 2025, Cyprus and Europe’s shipping sector face stringent emissions oversight, aiming to push the industry toward net ...

Cyprus’ refinancing needs will remain within manageable levels for the coming years, well below the ten per cent of GDP threshold. Projections estimate requirements at around three per cent of ...

There is no urgency for the European Central Bank to cut interest rates quicker and it could even live with a small, temporary undershoot of its inflation target, Belgian central ...

Abu Dhabi is emerging from Dubai’s shadow as it attracts its own share of asset managers’ and billionaires wealth, helping cement United Arab Emirates’ role as an alternative to ...

British business confidence sank to a four-month low in October ahead of the first budget plan from the country’s new government, a survey showed on Monday, echoing other signs ...

The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, as commercial banks risk failing to keep up ...

Boeing on Monday launched a stock offering that could raise up to $22 billion as the planemaker looks to strengthen its finances squeezed by an over month-long strike by its workers ...

British Prime Minister Keir Starmer said taxes needed to rise to rebuild public services and fix the foundations of the economy, and he challenged his critics to spell out how ...

If I ask you to say the first thing that comes to mind when I say “short-term rentals”, what would that be? Short-term rentals, or STRs for short, have become ...

Tesla (TSLA.O) CEO Elon Musk stunned investors and analysts with plans to grow vehicle sales by 30 per cent next year, buoyed by a new, cheaper model and enthusiasm for ...

The United Kingdom’s foreign office updated its threat of “regional escalation” in its official travel advisory for Cyprus. The ministry stated that “hostilities in the region and between Israel ...

When it comes to the crypto scene, it is full of speculation and hype, especially with the notion of identifying the next big altcoin that has the potential to return ...

Financial support and advisory services are essential for Cyprus’ small and medium-sized enterprises (SMEs) to enhance resource efficiency, according to a Eurobarometer survey. The survey, published by the European Commission, ...

Cyprus has made significant progress in attracting established tech companies to relocate their headquarters to the island, but there’s a critical aspect that needs improvement – the nurturing of early-stage ...