Business

The purpose of the legislator is to determine fair rent so that it corresponds to rents in the market The Rent Control Court determines the fair rent once so that ...

The International Air Transport Association (IATA) recently released a global progress report on the implementation of baggage tracking, showing that European airlines lag behind in adopting the latest measures proposed ...

The Bank of Cyprus announced on Monday that it completed a new round in its share buyback programme, which was originally disclosed in April of this year, with 34,150 shares being ...

Chief Scientist Demetris Skourides was a prominent participant in the First International Symposium: Digital Twins 4 Healthcare, according to an official statement by the foundation. Held on May 16 and 17, this cutting-edge ...

Market has overcome impacts of Covid-19 By Kyriacos Kiliaris If you’re in the market for a vacation home on the island, you might be in for a sticker shock, ...

Researchers are helping residents across the EU opt for clean energy. By Helen Massy-Beresford Europe has a common goal of clean energy and numerous paths towards it. One of the ...

The day before Elon Musk fired virtually all of Tesla’s electric-vehicle charging division last month, they had high hopes as charging chief Rebecca Tinucci went to meet with Musk ...

What is missing from the Paris 2024 Olympics? A tear-jerking corporate advertising campaign from Procter & Gamble saluting the mothers of athletes. The consumer products maker, one of the world’s ...

The recent surge in bitcoin prices has the phones at crypto wallet recovery firms ringing off the hook, as retail investors locked out of their digital vaults make frantic calls ...

It has profound socioeconomic effects, as well as political consequences in shaping the outcome of elections and policies Cyprus is a wealthy nation; but that wealth is very unevenly divided. ...

Here are the top business stories in Cyprus from the week starting May 13: National investment promotion agency Invest Cyprus recently showcased the country’s business and investment credentials in the ...

The European Commission could fine Microsoft if it doesn’t provide adequate information on risks stemming from generative AI features in search engine Bing by May 27. The Commission said this ...

Shares in Sony Group (6758.T) jumped 12 per cent earlier this week after the company pledged to boost shareholder returns and forecast higher annual profit with a boost from its image ...

Amazon (AMZN.O) Web Services (AWS) said this week that it plans to invest 7.8 billion euros ($8.44 billion) in Germany through 2040 as it builds a cloud computing infrastructure specifically for Europe. ...

President Nikos Christodoulides will meet with Chinese ambassador Liu Yantao on Monday to discuss the ongoing and escalating spat between Chinese-led construction firm CPP-Metron Consortium Ltd (CMC) and Natural Gas ...

Chinese-led construction firm CPP-Metron Consortium Ltd (CMC) has hit back at Natural Gas Infrastructure Company (Etyfa) in the latest round of their ongoing spat regarding the under-construction liquefied natural gas (...

The harmonised inflation rate in Cyprus increased by 2.1 per cent in April 2024 compared to the same period the previous year, according to the Cyprus Statistical Service. Official data showed that ...

Deputy Minister of Tourism Kostas Koumis on Friday said that tourist arrivals for the first four months of 2024 indicate that the island can achieve its goals for the year, despite ...

By Maria Demertzis Exactly a year ago, I wrote about the process of de-dollarisation. Following the Russian invasion of Ukraine in 2022, G7 currencies lost some of their international attraction because ...

The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and possibly regulated to prevent harm to consumers and ensure the proper ...

Natural Gas Infrastructure Company (Etyfa) on Friday slammed what it called the “unfortunate and desperate attempt” by the consortium constructing the beleaguered natural gas terminal at Vasiliko to “mislead public ...

Deputy Minister of Tourism Kostas Koumis on Friday said that tourist arrivals for the first four months of 2024 indicate that the island can achieve its goals for the year, despite ...

Tourist arrivals to Cyprus in April 2024 amounted to 333,563, marking a decline of 2.7 per cent from 342,736 in April 2023, according to data released on Friday by the Cyprus Statistical Service (Cystat). Over ...

The Cyprus Statistical Service (Cystat) announced on Friday that the Price Index of Construction Materials for April 2024 reached 117.22 units, which marks a marginal increase of 0.02 per cent compared to the ...