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.
The implementation rate of development expenses from the state budget stood at 13 per cent at the end of April, slightly higher than the ten-year average of 12 per cent for the ...
The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it has signed a cooperation agreement with the EU SME Centre to support Cypriot small and medium-sized enterprises (...
CDB Bank this week announced the commencement of its partnership with the Bank of New York Mellon as its correspondent bank.
According to an official announcement by the Cyprus Development ...
The aim is to support the Cypriot market in achieving its green transition objectives
The Cyprus Stock Exchange (CSE) and the Hellenic Energy Exchange (HEnEx) this week signed a Memorandum ...
The Industrial Production Index in Cyprus has seen a year-on-year uplift of 3.4 per cent in March, marking its continued upward trajectory for the eleventh month in a row, according to ...
Juicy Button Games, a new independent games studio based in Cyprus, which was co-founded by the creators of Total Battle, Pixel Gun 3D and Mighty Party, on Thursday announced the ...
El Al Israel Airlines (ELAL.TA) is expected to make a long-awaited decision on an order of around 30 short-haul aircraft in “a few weeks”, Chief Financial Officer Yancale Shahar said ...
Inflation in three German states inched up in May, preliminary data showed, suggesting that national inflation in Europe’s biggest economy may rise slightly, although price growth did decline in ...
The Investment Corporation of Dubai, the government’s main investment arm, reported a 68 per cent increase in 2023 net profit this week, buoyed by its transportation, banking and financial services assets.
...
The Cyprus Stock Exchange (CSE) has announced the acceptance of the listing of 16,000 13-week Treasury Bills, 3rd issue, Series 2024 (31/05/2024 – 30/08/2024), with a nominal value of €1,000 each, amounting to a total value ...
Royal Jordanian Airlines this week announced that it will operate eight flights per week from Paphos airport to Jordan during the summer season.
“From June 13 to September 13, Royal Jordanian will ...
Donald Trump became the first U.S. president to be convicted of a crime on Thursday when a New York jury found him guilty of falsifying documents to cover up ...
If a beneficiary does not comply with a judgment obtained upon condition, they are deemed to have abandoned it
The wording of a court judgment or order is significant and ...
TLDR
The US SEC finally approved spot Ethereum ETFs on May 23rd.
Michael Saylor, a Bitcoin maxi, believes Ethereum ETF is particularly bullish for BTC.
Rebel Satoshi Arcade, a new ...
The European Union “could and should” delay the implementation of certain bank capital rules if the US drags its feet too long on fully implementing the Basel III rules, according ...
Hess (HES.N) shareholders this week approved the proposed $53 billion merger with Chevron (CVX.N) that paves the way for the No. 2 US oil company to gain a prize asset ...
London’s Evening Standard newspaper, which has been read by the city’s inhabitants since it was founded almost 200 years ago, said it plans to switch to a weekly format ...
Airfares in Europe and Asia are starting to plateau or fall in a sign that a prolonged post-COVID travel boom is waning, delivering a setback for airlines struggling with higher ...
Cypriot real estate firm FOX Estate Agency this week announced its official partnership with IQI Global, a leading real estate network and member of the Juwai IQI group.
According to ...
The Cyprus Securities and Exchange Commission (CySEC) this week announced the suspension of the Cyprus Investment Firm (CIF) license of W.G. Wealth Guardian Ltd.
This decision, which the commission ...
Juicy Button Games, a new independent games studio based in Cyprus, which was co-founded by the creators of Total Battle, Pixel Gun 3D and Mighty Party, on Thursday announced the ...
Deposits in the Cypriot banking system increased for the third consecutive month in April of this year, while loans recorded a net decrease after two months of growth, according to ...
Cyprus’ economic climate saw an upswing in May, with the Economic Sentiment Index (ESI) increasing by 1.6 points when compared to April 2024.
According to the Economics Research Centre (CypERC) of the ...
The Cyprus Computer Society (CCS) has unveiled an exciting development for this year’s Robotex festival, where, for the first time in Cyprus, the Minoan Robot Sports Competition Global Olympiad (...