Business

Cyprus Deputy Minister of Tourism Kostas Koumis attended the prestigious World Travel Market (WTM) in London this week, bolstering Cyprus’ presence at the event, and relaying optimism about the prospects ...

The European Investment Fund (EIF) of the European Investment Bank (EIB), along with Cypriot Finance Ministry, this week announced the launch of Cyprus’ very first equity fund. According to an ...

As industrial processes become more complex and our reliance on various gases grows, the need for effective gas detection becomes increasingly evident. The consequences of failing to detect the presence ...

The uses of cryptocurrencies can range from finance to entertainment. Such is the story of Bitcoin (BTC), the pioneering crypto coin on the DeFi crypto list. This token offers more ...

The downturn in eurozone business activity accelerated last month as demand in the dominant services industry weakened further, a survey showed on Monday, suggesting there is a growing chance of ...

Energy Minister George Papanastasiou revealed on Tuesday what Cyprus’ proposal to break the deadlock with Chevron’s negotiations on the Aphrodite gas field entails. In an interview with AlphaNews, he ...

British grocery inflation has fallen below 10 per cent for the first time since July 2022, industry data showed on Tuesday, providing some relief for consumers as they enter the key Christmas ...

Italian stocks are trading at their deepest discount in 35 years compared to world shares as investors fret over the fiscal outlook in one of Europe’s most indebted economies, although ...

TLDR Aptos (APT) is looking to add changes to its asset tokenization mechanism. Analysts expect this move to boost APT’s performance. NuggetRush (NUGX) is gearing up to launch a ...

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US bankruptcy protection on Monday after its bets on companies using more of its ...

Biofuels and their alternatives play an important role in the global shift toward renewable energy to combat climate change. In 2019, global biofuel production surged past 1,800 barrels. This marked a substantial ...

Cyprus witnessed record-breaking tourism revenue in August 2023, marking a substantial annual increase of 20.8 per cent, according to a report by the state’s statistical service. In addition, these extraordinary figures ...

Eurobank Cyprus on Monday announced that the bank recently received an award by the University of Cyprus’ Career Office, on account of its significant contribution to a project connecting universities ...

The number of registered unemployed individuals in Cyprus decreased by 17.4 per cent in October 2023, reflecting a drop of 1,951 people, compared to October 2022. According to a report released by the Cyprus ...

A major pharmaceutical rules overhaul, proposed by the European Commission in April, could see Europe’s share in global research and development contract by a third to 21 per cent by 2040 ...

British electricals retailer Currys (CURY.L) said it will exit Greece after agreeing to sell its Kotsovolos unit to Greek power utility Public Power Corporation (DEHr.AT) for an enterprise ...

The European Investment Bank (EIB) is in the process of formulating a decision on the EuroAsia Interconnector, its president Werner Hoyer said on Monday. His comments were understood to leave ...

The total value of non-performing loans (NPLs) in the Cypriot banking system at the end of August 2023 saw a decrease of €16 million, dropping to €2.08 billion from €2.10 billion at the end ...

The Consumers Association on Monday has issued a statement warning the public about the new increased bank charges expected to be implemented from early 2024. In the statement, the president of ...

The European Institute of Management and Finance (EIMF) on Monday hosted a roundtable discussion featuring representatives from key market and economic entities under the title, “Investing in Professional Skills as ...

The number of passengers arriving at and departing from the north’s Ercan (Tymbou) airport increased by almost a third in the first nine months of 2023, compared to the same ...

Tesla (TSLA.O) plans to build a 25,000-euro ($26,837.50) car at its factory near Berlin, a source with knowledge of the matter said on Monday, in a long-awaited development for the ...

Ryanair (RYA.I) on Monday forecast a record annual profit and promised to pay investors a regular dividend for the first time after fares soared 24 per cent during the summer ...

Banks are obliged to act on the terms agreed with clients when opening the account The opening of a joint bank account in the name of more than one person ...