Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
British house prices showed a small gain in June from May but the impact of higher borrowing costs is still weighing on the property market, according to mortgage lender Nationwide.
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Economic council makes number of recommendations to update long-term economic strategy, seeks EU funding
The long-term strategy for the sustainable development of the Cypriot economy, known as Vision 2035, is set ...
Oil prices extended gains to two-month highs on Tuesday on expectations of rising demand during the summer driving season and possible supply disruptions from Hurricane Beryl.
Brent crude futures rose 70 ...
The Cyprus Chamber of Commerce and Industry (Keve) this week announced its intention to explore the establishment of the Cyprus – Baltic States Business Association, aimed at enhancing economic and trade ...
The international rating agency S&P Global Ratings has revised to positive its outlook on the subsidiaries of Freedom Holding Corp. — Freedom Finance Europe Ltd (Freedom24), Freedom Finance Global ...
The Association of Large Investment Projects on Tuesday highlighted the untapped potential of golf tourism in Cyprus, referencing the efforts being made to remove barriers blocking the development of new ...
In today’s digital age, freelancing is an increasingly popular career choice, offering flexibility and freedom to professionals around the world.
With the rise of the revolutionary financial technology cryptocurrency, ...
Eurobank has revealed its intention to gain full control of Hellenic Bank’s share capital and voting rights, while also sharing details about the company’s future operations, according to ...
Eurobank on Monday announced that it now holds shares representing 55.48 per cent of the total issued share capital and voting rights of Hellenic Bank.
Specifically, Eurobank S.A., a subsidiary ...
Gender Equality Commissioner Josie Christodoulou used her address at the recently held ‘Women in ICT’ event to highlight the gender disparity within the technology sector.
The event was a collaborative ...
The working world is constantly evolving. The concept of New Work, with all its facets, is a hot topic that affects not only the private sector but also the public ...
With presence in 75 countries, Leptos Estates promotes internationally the modern image of our ever evolving island
In the 64 years of it’s entrepreneurship path the Leptos Group has been established ...
The Cyprus Investment Funds Association (CIFA) has called for the swift passage of the bill governing the establishment and operation of management companies for collective investment organisations.
This piece of ...
Retail trade in Cyprus saw an uptick in May 2024, with the turnover value index increasing by 4.5 per cent compared to the same month in the previous year, according to a ...
Tourism revenue in Cyprus saw a modest rise of 5.5 per cent in the first quarter of 2024, compared to the same period in 2023, while April remained essentially the same, according to ...
British consumers increased their borrowing in May by the most in four months after a dip in April, Bank of England data showed on Monday, adding to signs of recovering ...
Banks as well as government officials on Monday all but gave the thumbs-down to the idea of taxing the windfall profits of commercial lenders, a proposal brought by opposition party ...
The euro climbed on Monday after a convincing and historic win by the French far right in the first round of parliamentary elections fell slightly short of some expectations, leaving ...
The Central Bank of Cyprus (CBC) has decided to maintain the countercyclical capital buffer (CCyB) rate at 1 per cent, in accordance with the Macroprudential Supervision of Institutions Laws of 2015 to 2022, ...
The Cyprus government saw its surplus climbing to 1.9 per cent of the country’s Gross Domestic Product (GDP) between January and May 2024, up from 1.1 per cent in the same period ...
Tourism revenue in Cyprus saw a modest rise of 5.5 per cent in the first quarter of 2024, compared to the same period in 2023, while April remained essentially the same, according to ...
The buyer of an affected apartment is entitled to terminate their sale agreement and claim their money back and compensation for any damage suffered
A seller who chooses to add ...
The House is expected to discuss legislation concerning the establishment and operation of collective investment organisations in September, following the end of the summer recess, according to statements made on ...
The top ten most expensive property sales in Cyprus exceeded €39 million in May of this year, with Limassol continuing to dominate the high end of the market, according to a ...