Business

A newly introduced bill in the House aims to clarify the Central Bank of Cyprus’ (CBC) role as the competent authority for implementing European Union (EU) legal acts and imposing ...

Oil prices edged up in Asia on Tuesday, extending gains from the previous session, buoyed by expectations of strong fuel demand from the US during the summer, and ahead of ...

The Bank of Israel held short-term interest rates steady on Monday for the third straight meeting, citing rising price pressures, a rebound in economic activity and continued geopolitical uncertainty resulting ...

Anticipation over the approval of Ethereum ETFs saw Render (RNDR) and Avalanche (AVAX) prices increase by 11.2% and 7.7%, respectively. Meanwhile, DTX Exchange (DTX), a new presale coin, is positioning itself as ...

Cypriot banks made significant repayments on loans from the European Central Bank’s (ECB) Targeted Longer-Term Refinancing Operations (TLTROs) in March of this year, according to data released on Monday ...

Women make up a smaller proportion of top earners in British financial and professional services than before the COVID-19 pandemic, research from the London School of Economics and Political Science (...

German business morale stagnated in May, a survey showed on Monday, falling short of a forecast improvement and suggesting the recovery of Germany’s economy this year will be slow ...

Saudi Arabia is planning a multi-billion-dollar share sale in energy giant Aramco (2222.SE) as soon as June in what would be one of the region’s biggest stock deals, two ...

The Electricity Authority of Cyprus (EAC) has begun examining what tariff hikes it will impose for 2025, the head of the state-run utility said on Monday. Giorgos Petrou, board chairman at ...

Crypto ETPs will soon be launched on the London Stock Exchange as DTX Exchange (DTX) prepares for a DeFi race win in the upcoming bull run. Meanwhile, analysts predict DTX, ...

Fantom (FTM), a layer 1 protocol, has witnessed significant gains in Q1 of 2024. According to a comprehensive market analysis by Messari, Fantom is emerging as a top beneficiary amid the recent ...

Sir Stelios Hadji-Ioannou, renowned for establishing the easy family of brands and serving as the founder and president of the Stelios Philanthropic Foundation, has launched the second annual “Stelios Awards ...

DTX Exchange announced today that the platform would be transitioning from the Ethereum blockchain onto the proprietary DTX Layer 1 blockchain. The cutting-edge ownership layer will be designed to facilitate secure, ...

Cyprus experienced an increase in the sales of petroleum products during April, which amounted to 115,028 tonnes, marking a 9 per cent rise compared to April 2023, according to the latest figures released ...

Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as investors bet big on challengers to companies like OpenAI in the ...

The Cyprus Stock Exchange (CSE) and the Hellenic Energy Exchange (HEnEx) will sign a Memorandum of Understanding (MOU) governing negotiations on the secondary market of Guarantee of Origin certificates from ...

Cypriot banks made significant repayments on loans from the European Central Bank’s (ECB) Targeted Longer-Term Refinancing Operations (TLTROs) in March of this year, according to data released on Monday ...

Cyprus is revising its current national industrial policy to align with the European approach, stated Marios Panayides, Permanent Secretary at the Ministry of Energy, during a recent EU Competitiveness Council ...

Transport Minister Alexis Vafeades underlined the government’s commitment to safeguarding public interest during his speech at the 29th annual general assembly of the Federation of Building Contractors Associations of ...

Deputy Minister of Tourism Kostas Koumis pointed out the imperative of preserving tourist hotspots, particularly beaches, at the Cyprus Sustainable Tourism Initiative (CSTI) event titled ‘Beach without Plastics’. The gathering ...

As summer approaches, so does the desire for refreshing swims, relaxation, and carefree moments. Imagine having your own home in a beautiful coastal location in Cyprus, ready to welcome you ...

The Cyprus Composite Leading Economic Index (CCLEI) has maintained its annual growth rate for April, mirroring the figures recorded in March, despite significant challenges, according to a report from the ...

By Luigi Scazzieri In April this year, the European Parliament agreed to a reform of the Union’s rulebook on migration and asylum, approving the different legislative files that make ...

By Kyriacos Kiliaris Despite the concern over the €1.2 billion investment in the marina and port which is now up in the air, stakeholders have every reason to be confident that ...