Business

Cyprus is seeing a surge in tourists from Romania, with arrivals rising 120 per cent over two years, Deputy Minister of Tourism Kostas Koumis said, welcoming the decision of airline Animawings ...

Residents who joined Nicosia municipality under the new local administration reform were in for a shock in March, when they started receiving inflated annual property tax bills. The bills appear ...

Cyprus is poised to reap significant benefits as an investment destination following last week’s approval by the Councils of a new plan to provide urban incentives for developments in ...

Bond investors are bracing for a US economic downturn, as they pare back risky exposures, while many are extending duration in their fixed-income portfolios, taking in to account a Federal ...

The Great Sea Interconnector (GSI), connecting the electricity grids of Greece, Cyprus and Israel is now being handled on a diplomatic level as it has become a matter of foreign ...

The Cyprus University of Technology (Tepak), the Association of Chartered Certified Accountants (ACCA), and Ernst & Young (EY) Cyprus on Wednesday announced a strategic collaboration to introduce the Accelerated Internship ...

The Association of Cyprus International Financial Firms (ACIFF) used its annual general meeting to focus on the evolving regulatory landscape, financial resilience, and anti-money laundering (AML) compliance. According to an ...

The Bank of Cyprus witnessed a surge in trading activity during the latest session at the Athens Stock Exchange, according to a report from Stockwatch. Specifically, shares worth €32 million changed ...

Players from Israel, Cyprus, and Jordan topped the list of nationalities spending the most on cash wagers at casinos in 2024, according to data submitted to House institutions committee. They were ...

The hourly labour cost in Cyprus increased by 5.6 per cent in the fourth quarter of 2024, according to preliminary data published this week by the Cyprus Statistical Service (Cystat). This rise ...

A Cyprus-Greece business forum, which took place in Nicosia this week, focused on the importance of enhancing trade and investment relations between the two countries. According to a statement by ...

Cyprus’ Construction Materials Price Index for February 2025 recorded an annual increase of 1.38 per cent, according to the latest data from the Cyprus Statistical Service (Cystat). Meanwhile, prices for the first ...

The Bank of England is likely to keep interest rates on hold on Thursday and stick to its mantra of only gradual moves ahead as it grapples with the fallout ...

The rise of rural tourism boosted local economies and preserved cultural heritage in Cyprus’ countryside as overnight stays in agrotourism units followed other key indicators in the sector last year ...

Cardano (ADA) turned early believers into massive winners, with some investors seeing thousands of percent in returns as the project grew into one of the most well-known blockchain ecosystems. While ...

While the broader crypto market struggles with sluggish price action, one project is defying the trend, Mutuum Finance (MUTM). As other coins consolidate and investor sentiment remains cautious, MUTM’s ...

As market momentum builds, Ripple (XRP) is eyeing a major rally, with analysts predicting a potential surge to $4.30. Meanwhile, Dogecoin (DOGE), currently trading at $0.17, is also showing signs of renewed ...

Western companies that “slammed the door defiantly” when they left Russia will not be allowed to buy back the businesses they quit for small amounts of money or fill niches ...

Imagine waking up to the sight of rolling fairways bathed in golden sunlight, where nature and luxury intertwine in perfect harmony. Welcome to The Starlings, the latest residential masterpiece unveiled ...

Deputy Minister of Shipping Marina Hadjimanolis is heading to Brussels on Tuesday for a working visit, where she will speak at the European Shipping Summit (ESS), organised by the European ...

Kykkos monastery is expected to proceed with a major new development on land it owns in Engomi, according to reports released on Tuesday. Spanning 331,450 square metres, the plan includes a ...

Greek airline Aegean on Tuesday announced its financial and operational results for 2024, reporting record-high revenues and passenger numbers despite significant challenges. The airline recorded consolidated revenue of €1.78 billion, marking a 5 ...

Alpha Bank Cyprus this week presented its future strategy during a corporate event held at at the Four Seasons Hotel in Limassol. According to an announcement released on Tuesday, the ...

Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of the Bank of Cyprus (BoC) to BBB- from BB+, assigning a positive outlook. This marks a significant milestone for ...