Business

The Paphos Regional Tourism Board (Etap) this week said that preparations are in full swing in the village of Panagia as it gears up to host this year’s grape ...

The Central Bank of Cyprus (CBC) this week released detailed interest rate data for deposits and loans from individual credit institutions. This marks the first instance of this report being ...

The European Researchers’ Night will return to the State Fair in Nicosia on Friday, September 27, with the agenda of the day including live experiments, science competitions, and interactive games. The ...

PwC Cyprus’ Michael Solon Kassinis has outlined the critical importance of the European Union’s updated Network and Information Security Directive (NIS2), set to take effect on October 17, 2024. Kassinis, who ...

The Bank of Cyprus on Tuesday announced that it has begun informing 20,000 eligible borrowers about its latest loyalty reward scheme. According to the announcement, the Bank of Cyprus’ new Pronomia ...

UK grocery inflation edged lower in the four weeks to Sept. 1, data from market researcher Kantar showed this week, after rising for the first time in 18 months in last month’...

The Bank of London has paid all its taxes, a spokesperson said this week, after British media reported that the clearing bank had been hit with a so-called winding-up petition ...

Investor morale in the eurozone fell for a third consecutive month in September, a survey showed this week, dropping to its lowest level since January amid dissatisfaction over the state ...

Aldi’s supermarket group has announced a 16 per cent increase in sales across Britain and Ireland, reaching £17.9 billion ($23.48 billion) in 2023. The retailer also revealed plans to open 23 additional stores by ...

Leading European financial services provider payabl. announced on Tuesday the launch of its innovative payment accounts solution. This cloud-based, API-first solution is designed to help businesses of all sizes manage ...

Chairman of Agros Development Company Antonis Pissarides has highlighted the urgent need for support and compensation for mountain hotels, saying that they are at risk of permanent closure. Pissarides warned ...

The Bank of Cyprus on Tuesday announced that it has begun informing 20,000 eligible borrowers about its latest loyalty reward scheme. According to the announcement, the Bank of Cyprus’ new Pronomia ...

The world of cryptocurrency is ever-evolving, with countless opportunities for investors to get in on the ground floor of promising projects. One such opportunity is through crypto presales, a concept ...

The value of bounced cheques recorded in Cyprus reached €57,129 in August 2024, according to a report released this week by the Central Bank of Cyprus (CBC). This figure comes from a ...

Cypriot lawmakers this week called for major revisions or the withdrawal of a bill proposing to raise the current 1.5 per cent allocation of sports betting profits to football clubs to 3 ...

Cyprus’ trade deficit narrowed in the first seven months of 2024, reaching €4.31 billion compared to €5.19 billion during the same period in 2023, according to a report by the Cyprus Statistical Service (Cystat). ...

Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, according to a lobby group report. New British Prime Minister Keir Starmer ...

Britain’s antitrust regulator announced that it had provisionally found Alphabet’s (GOOGL.O) Google had abused its dominant position in digital advertising to restrict competition. The Competition and Markets ...

British house prices rose last month at the fastest annual pace since late 2022, according to data from mortgage lender Halifax, adding to signs of renewed momentum in the property market ...

Europe’s auto industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, according to Renault CEO Luca de Meo. Automakers face ...

The project for importing LNG to Cyprus must be completed as soon as possible, as every delay costs the Cypriot economy and the consumer huge sums of money, President of ...

Greece plans to impose a €20 levy on cruise ship visitors to the islands of Santorini and Mykonos during the peak summer season, in a bid to avert overtourism, Prime Minister ...

Cyprus’ trade deficit narrowed in the first seven months of 2024, reaching €4.31 billion compared to €5.19 billion during the same period in 2023, according to a report by the Cyprus Statistical Service (Cystat). ...

Cyprus saw an increase of 15.9 per cent in the total number of motor vehicle registrations during the first eight months of the year, totalling 34,391, up from 29,673 in the same period ...