Business

The Limassol Boat Show was officially inaugurated on Thursday evening at the Limassol Marina by Deputy Minister of Tourism Kostas Koumis. In a brief address, Koumis highlighted that the Limassol ...

Frederick University and port management company DP World Limassol signed a Memorandum of Understanding (MoU) this week, seeking to “further strengthen their strategic partnership in fields of common interest”, according ...

Embark on a journey through the intricate realm of market sentiment, where emotions dictate the ebb and flow of financial markets. From the depths of panic to the heights of ...

CEOs are currently expressing a renewed sense of optimism regarding future growth investments, despite a number of challenges, with short-term returns being high on their priority list, according to the ...

Deputy Minister of Research Nicodemos Damianou this week emphasised the crucial importance of space technology for securing Europe’s economic future, its strategic independence, and its role on the global ...

Bitcoin, the pioneering cryptocurrency brought via Satoshi Nakamoto in 2009, has revolutionized the sector of finance and garnered immense interest from traders internationally. As the first decentralized virtual currency, Bitcoin remains ...

The Bank of Cyprus on Thursday announced the introduction of electronic dividend payments, following the European Central Bank’s approval for a cash dividend payout. Shareholders now have several options ...

Google parent Alphabet’s (GOOGL.O) potential acquisition of HubSpot (HUBS.N), a US marketing software maker with a market value of $31 billion, would boost its ability to compete against ...

The winners of Britain’s election on July 4 will have to tackle an economy that looks stuck in a rut of slow growth with high levels of debt limiting the ...

The United Arab Emirates’ (UAE) economy grew 4.3 per cent year-on-year in the fourth quarter of 2023, preliminary government data showed, with non-oil economic growth vastly outperforming overall GDP. Non-oil GDP surged 6.7 ...

Ethereum, the second-biggest cryptocurrency by means of market capitalization, has emerged as a powerhouse within the world of virtual belongings.Beyond its function as a virtual currency, Ethereum’s blockchain ...

Oil prices crept up on Thursday, clawing back some of the previous three days’ losses despite the US Federal Reserve entertaining further tightening of interest rates if inflation remains sticky, ...

The unemployment rate in Cyprus decreased to 6 per cent in the first quarter of 2024, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). The total workforce ...

The emergence of digital currencies has transformed the panorama of global finance, presenting new opportunities for buyers to diversify their portfolios and gather wealth. Among those virtual currencies, the Digital ...

The ongoing tax reform process, the first in over twenty years, was the focal point of a conference organised this week by FMW. The event saw participation from technocrats from ...

The London-based independent exploration and production company Energean, which specialises in developing resources across the Mediterranean, on Thursday announced the discovery of new gas findings, in the context of disclosing ...

The total assets of investment funds in Cyprus increased by approximately €293 million in March of this year, representing a rise of 4.5 per cent compared to December 2023, reaching €6.78 billion. According to ...

In CNC machining, two fundamental processes play a pivotal role in shaping the final product, roughing, and finishing. Rough Machining as the name suggests, is employed to workpiece for the ...

Achieving remarkable progress, the construction of Limassol’s impressive new business hub continues to hit major milestones, showcasing a steadfast commitment to on-time completion. Neocleous Tower is a modern, sustainable, ...

The Bank of Cyprus on Thursday announced the introduction of electronic dividend payments, following the European Central Bank’s approval for a cash dividend payout. Shareholders now have several options ...

The pound held steady on Thursday near multi-month highs a day after British Prime Minister Rishi Sunak called a national election and data showed inflation did not slow as much ...

European low-cost airline Wizz Air (WIZZ.L) forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand, after swinging to an annual ...

Belgium’s finance ministry has refused Russian state-owned bank VTB’s (VTBR.MM) request for licences to unblock customer assets held through its brokerage accounts, the bank said on Wednesday. ...

Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4 per cent in April, due to geopolitical developments, food inflation has continued ...