Business

Turkey has almost finalised work on imposing a transaction tax on the purchase and sale of stocks and crypto assets, an economy official said on Wednesday. The move is part ...

President of the Larnaca Hoteliers Association Marios Polyviou on Wednesday reported a slight decrease in tourist bookings in Larnaca compared to last year, noting that arrivals to the island are ...

Eurobank S.A. on Tuesday, June 4, announced the acquisition of 31,959 shares of Hellenic Bank Public Company Ltd from investment funds managed by Senvest Management LLC. According to the announcement, the ...

The first annual Golden Boomerang Awards 2024 took place in Cyprus over the weekend, celebrating the significant contributions to the iGaming industry by awarding heavyweight golden statuettes to eleven key participants. ...

Amid the rollercoaster that is happening in the crypto market, a significant number of traders are accruing profits from gem crypto projects like Rollblock (RBLK). The Rollblock project, which is ...

The Cyprus Research and Innovation Foundation (RIF), Cyprus’ national funding agency for research, technological development, and innovation, continues to be a cornerstone in developing the country’s growing ecosystem. RIF ...

Consulting and advisory firm Deloitte Cyprus this week announced that it has expanded its leadership team with the appointment of three new partners effective from June 1, 2024. According to the announcement, ...

Cypriot firm Ask Wire, a real estate data analytics company, this week announced the successful completion of its equity extension round, securing funding to support its expansion into key European ...

Eurobank S.A. has announced that it now holds 55.3 per cent of the total issued share capital of Hellenic Bank. The bank revealed that it has submitted a Mandatory Public ...

An outage affecting Norway’s gas exports to Britain that sent prices soaring on Monday will likely be repaired by Friday, easing supply crunch concerns but still serving as a ...

British sandwich and coffee chain Pret A Manger said it has given up on a plan to open stores in Israel, blaming travel restrictions on UK staff as a result ...

Russia’s two largest banks expect to open branches and offices in July in the regions of Ukraine that Moscow claimed to have annexed in 2022, the heads of Sberbank (SBER....

Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision at the weekend to boost supply later this year into a global market where demand ...

The Cyprus Research and Innovation Foundation (RIF) on Tuesday announced a new funding initiative totalling €300,000, aimed at strengthening innovation support structures, including incubators and accelerators for start-ups. According to the ...

Themis Portfolio Management invites the public to seize unique investment opportunities in plots of land available through an electronic auction from 12 to 28 June 2024. On the eauctions platform, Themis offers 186 fields ...

Cypriot airline Tus Airways on Tuesday announced it has become a member of the International Air Transport Association (IATA). IATA is the trade association for the world’s airlines and ...

Eurobank S.A. has announced that it now holds 55.3 per cent of the total issued share capital of Hellenic Bank. The bank revealed that it has submitted a Mandatory Public ...

The capital markets team of Elias Neocleous & Co LLC has successfully assisted Premier Energy PLC in relation to the initial public offering (IPO) and listing on the Bucharest Stock ...

Cyprus’ flagship tech & startup festival, Reflect Festival, returned to Limassol, welcoming 9,000 entrepreneurs, investors, and tech enthusiasts in an ambitious new venue. Reflect Festival successfully wrapped up another edition fueled ...

The Cyprus Chamber of Commerce & Industry (Keve) on Tuesday announced the completion of the works aiming to upgrade its headquarters in Nicosia into a green building. This initiative aligns ...

Bernhard Schulte Shipmanagement has announced the appointment of Bjoern Sprotte as Chief People and Sustainability Officer to the Management Board, effective from June 1, 2024. Based in Limassol, Cyprus, and reporting directly ...

The return on equity for the Cypriot banking system after taxes reached 24.6 per cent at the end of 2023, compared to just 4.8 per cent at the end of 2022, according to a ...

The Cypriot economy grew by 3.4 per cent in the first quarter of 2024 compared to the same period in 2023, with the construction sector showing the largest increase at 10.2 per cent, according ...

PwC Cyprus once again demonstrated its commitment to supporting Reflect Festival, one of the most prominent technology and startup conferences in the region, which took place on May 30-31 in ...