Business

British house prices rose for a second month in a row in April, increasing by an annual 1.1 per cent to an average of 281,000 pounds ($358,000) after a 0.9 per cent rise in ...

The Finance Ministry has been spurned into action by the news reported by Bloomberg that AB CarVal Investors and Caius Capital are interested in selling their shares in the Bank ...

The Cyprus Composite Leading Economic Index (CCLEI), constructed and estimated by the Economics Research Centre of the University of Cyprus (CypERC), saw a marginal increase of 0.1 per cent in May 2024. ...

Hotel occupancy rates in the Famagusta district during the Kataklysmos holiday weekend are expected to be at satisfactory levels, ranging between 80 to 90 per cent, according to Famagusta Hoteliers Association president (...

An open event held at the CYENS Centre of Excellence this week aimed to connect public organisations and small and medium enterprises (SMEs). According to an official announcement, the event ...

The positive trajectory of the Cypriot economy, the successful issuance of a seven-year bond by the Republic of Cyprus, the commencement of strategic dialogue with the US, digital transformation, and ...

Alpha Services and Holdings S.A. (Alpha Holdings) has denied recent media reports claiming that the company is in negotiations to acquire a stake in the Bank of Cyprus Holdings ...

Hotel occupancy rates in Larnaca are expected to reach approximately 75-80 per cent for the Kataklysmos holiday weekend, mirroring the levels recorded during 2023, according to the president of the Larnaca ...

The Cyprus Mail’s SOUZANA PSARA recently sat down with tech industry veteran Ruslan Synytsky for an in-depth interview about the visionary beginnings of Ravatar, an innovative venture into the ...

Ensuring macroeconomic stability and the rational management of resources and public financial obligations is a fundamental objective of the government, said President Nikos Christodoulides on Wednesday evening. Speaking at the 63...

NatWest (NWG.L) has struck a deal to acquire most of the banking business of UK retailer Sainsbury’s (SBRY.L), the companies said on Thursday, in a deal that ...

A lower than expected Israeli inflation reading will still not allow the central bank to resume its rate cutting cycle anytime soon with policy makers constrained by Israel’s war ...

Brent oil futures were steady on Thursday, hovering just below seven-week highs as escalating conflict in the Middle East raised supply disruption fears while the market awaits US inventory data ...

Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou on Thursday set a forward-looking tone at the 3rd CITEA Digital Cyprus Conference, focusing on the potential and strategic importance ...

As traders, we all value our financial independence and security, but in an age where data breaches and identity theft are rampant, keeping our transactions under wraps has become more ...

Ensuring macroeconomic stability and the rational management of resources and public financial obligations is a fundamental objective of the government, said President Nikos Christodoulides on Wednesday evening. Speaking at the 63...

The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25 per cent at its last meeting before July 4’s UK election, but the prospect of ...

A study conducted by the Cyprus Employers and Industrialists Federation (Oev) has highlighted the importance of digital transformation for businesses, emerging as a key factor for their long-term success, growth ...

A recent report published by McKinsey & Company has highlighted the increasing inventory control challenges facing supply chain managers. The report found that most companies are planning significant changes to ...

The Ministry of Energy, Commerce and Industry, in collaboration with the Cyprus Trade Centre London, took part in the London Tech Week exhibition by hosting an informative booth. Held June 10 ...

The Research and Innovation Foundation (RIF) this week announced the launch of a new programme titled “Enterprises Capacity Building in New Product Development.” According to the announcement, this initiative aims ...

International credit rating agency Standard & Poor’s (S&P) this week upgraded the long-term credit rating of the Bank of Cyprus to BB+ with a positive outlook. This ...

British inflation returned to its 2 per cent target for the first time in nearly three years in May, but strong underlying price pressures all but rule out a pre-election interest ...

Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make ...