Business

By Luigi Scazzieri Europeans have struggled to form a coherent response to the Israel-Hamas conflict that erupted after Hamas’ brutal attacks on October 7th. As the death toll has risen, ...

The Cyprus Electricity Authority (EAC) did not decide on electricity hikes on Friday, passing the responsibility to the Cyprus Energy Regulatory Authority (Cera) for failing to decide on price adjustments. ...

The Research & Innovation Foundation (RIF) on Friday hosted its ‘Partner Day’ conference at the Hilton Hotel in Nicosia, in an effort to further foster collaboration between Cyprus’ research and ...

Cyprus’ trade deficit reached €8.57 billion in 2023, marking an 18 per cent year-on-year increase, according to a report released on Friday by the Cyprus Statistical Service (Cystat), The report, which utilised preliminary ...

National investment promotion agency Invest Cyprus on Friday expressed satisfaction with the meeting held on February 8 at the Presidential Palace, which aimed to provide support to foreign investors in Cyprus, ...

Barclays (BARC.L), Britain’s biggest lender to the oil and gas industry, told Reuters it will stop direct financing of new oil and gas fields and restrict lending more ...

Cyprus has seen municipal waste production increase, while its recycling efforts continue to lag behind other countries, according to the latest data released by Eurostat, the statistical service of the ...

Government spokesperson Konstantinos Letymbiotis on Friday stated that nearly 2,000 companies had registered with the Company Facilitation Unit since 2022, employing 19,000 skilled workers. Letymbiotis, who was speaking at a press conference, added ...

Every year, technology and other advancements make life easier in many ways, but also come with a downside consisting of new risks and threats your company may not be prepared ...

Although forex trading can make you wealthy, the results can take an ugly turn, especially for beginners. To get it right and profit handsomely, you should know the best strategies ...

Germany’s Economy Ministry informed Rosneft earlier this week that it was considering expropriating shares in the company’s German assets, the Russian oil giant’s law firm in Germany ...

President Nikos Christodoulides on Thursday updated foreign investors on the progress of Cyprus’ Strategy for Attracting Investment and Talent, in effect since 2022. Speaking at an event at the Presidential Palace ...

Google (GOOGL.O) on Thursday renamed its Bard chatbot after the new artificial intelligence that is powering it, called Gemini, and said consumers can pay for better reasoning capabilities as ...

The benchmark S&P 500 index was muted on Thursday, lingering near the 5,000-point mark, as investors sized up major corporate earnings reports, a roughly in-line jobs report and remarks ...

Cyprus and Egypt have a bilateral strategic relationship that contributes positively to the security and stability of the Eastern Mediterranean, the foreign ministers of both countries said on Thursday, after ...

Disy MPs were irked on Thursday that the interior minister was reluctant to allow farmers to instal photovoltaics without first acquiring a building permit. The discussion stemmed from a bill ...

There are “no plans” to close the Dhekelia power station, electricity authority (EAC) chairman Giorgos Petrou said on Thursday. He was speaking during a visit to the power station, and ...

President Nikos Christodoulides on Thursday presented the progress of implementing Cyprus’ Strategy for Attracting Investment and Talent, which has been in effect since 2022, along with the new actions designed to ...

TLDR Standard Chartered researcher expects an SEC-approved Ethereum exchange-traded fund in May this year. UK High Court case is underway with controversial Craig Wright aiming to prove he’s the ...

Registrations of saloon vehicles showed a double-digit increase in January 2024, according to a report by the Cyprus Statistical Service (Cystat). Specifically, the report showed that registrations of passenger saloon cars ...

Cypriot real estate analytics firm Ask Wire on Thursday released a report outlining the performance of the local property market for the fourth quarter of 2023, including property sales and rental ...

The Central Bank of Cyprus (CBC) this week released a statement highlighting the importance of the visit by Pablo Hernandez de Cos, the governor of the Central Bank of Spain, ...

Vice President and Senior Analyst at Moody’s risk assessment group Haiko Peters this week praised the Cypriot’s economy steady improvement, referencing both its growth and ability to weather ...

The Cabinet of Ministers, led by Deputy Minister of Shipping Marina Hadjimanoli, this week approved updated green incentives for the Cypriot shipping sector in 2024, in line with the European Green ...