Business

The number of building permits issued in Cyprus in September 2024 recorded a year-on-year decline of 30.9 per cent, according to data released this week by the state statistical service. The decrease ...

The Bank of Cyprus this week presented its revamped branch network model, inaugurating its newly renovated branch on Archbishop Makarios III Avenue in Nicosia. Retail Banking Director Theodosis Theodosiou explained ...

Ben & Jerry’s maker Unilever (ULVR.L) said on Thursday it would demerge its ice cream business and picked Amsterdam as its primary listing venue, with London and New ...

Nestle (NESN.S) reported slightly better than expected annual sales growth on Thursday driven by price increases, though the world’s largest packaged food company warned of a narrower profit ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher US sanctions reduced the number of buyers, leaving fewer tankers available to deliver cargoes ...

The government will next month invite tenders for the development of a new system monitoring retail fuel prices that will use artificial intelligence to track irregular market fluctuations, the energy ...

Investors are looking for affordable tokens that can yield maximum return; consequently, avenues for growth are being explored. Altcoins such as Ripple (XRP), Shiba Inu (SHIB), and others like Rexas ...

New York State Senator James Sanders Jr. has introduced a bill to create a crypto task force to examine the state’s digital asset landscape. The New York State Cryptocurrency ...

Cyprus-based INXY Payments, an EU-authorised payment platform bridging together traditional finance and the crypto economy, has successfully closed a $3 million investment round led by Flashpoint VC with participation from prominent ...

The Digital Cooperation Organisation (DCO) – the world’s first standalone international intergovernmental organisation focusing on the acceleration of the growth of an inclusive and sustainable digital economy – will hold its ...

Hong Kong investor Balram Chanrai is steadily increasing his ownership of Agros Development Company ‘Proodos’ Public Ltd, which owns the Rodon hotel in Agros. Based on the announcements on the ...

The Bank of Cyprus this week presented its revamped branch network model, inaugurating its newly renovated branch on Archbishop Makarios III Avenue in Nicosia. The event, held on Wednesday afternoon, ...

Eurobank has announced that the India-Greece-Cyprus (IGC) Business & Investment Council was officially launched on Thursday at the Taj Mahal Palace in Mumbai. The announcement mentioned that this marks “a ...

Cyprus’ Deputy Minister of Innovation, Nicodemos Damianou, and UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, Omar Sultan Al Olama, have signed a Memorandum of ...

Hellenic Bank has officially announced the complete exit of Demetra Holdings Plc from its shareholder structure, following the completion of the agreement for the sale of its 21.33 per cent stake. “...

A number of maritime and shipping organisations are becoming increasingly concerned with issues related to seafarer safety, according to a number of discussions at the recently held Capital Link Forum. ...

Cyprus experienced growth across a number of key economic sectors, according to the state statistical service. In its latest report, which analysed monthly economic developments from January to December 2024, the ...

The total supply and use in Cyprus for 2021 balanced at €77.76 billion at purchaser prices, according to the statistical service. The report, which covers the country’s supply, use, and input-output ...

The environment department has given approval for a €55 million project to convert an existing tourist apartment complex into a 480-bed, 4-star hotel in Polis Chrysochous, it emerged on Wednesday. In ...

The Cyprus Statistical Service (Cystat) has launched a new online tool aimed at modernising public sector operations as part of its digital transformation efforts. The platform allows companies registered in ...

Heineken’s (HEIN.AS) shares surged 12 per cent on Wednesday as the Dutch brewer predicted more growth next year after producing forecast-beating profits in 2024, and said it would launch a 1.5 ...

World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to bolster Bitcoin, Ethereum ...

While Bitcoin (BTC) grabs focus because of its anticipated rise to $125,000, altcoins that have been steadily gaining attention offer some of the most significant untapped opportunities. Rexas Finance (RXS), PEPE, ...

The cryptocurrency market’s rapid evolution has transformed trading through advanced algorithmic technologies. In 2023, automated trading systems executed over 70% of global crypto transactions, demonstrating unprecedented market efficiency. Advanced computational strategies ...