Business

EuroAsia Interconnector Ltd – the Cypriot company behind the mooted subsea power cable linking Greece, Israel and Cyprus – will quit the project entirely, it emerged on Monday. Industry sources moreover told ...

Cyprus Central Bank Governor Constantinos Herodotou on Monday took part in a meeting of the House Finance Committee, during which he underlined the significant uncertainties stemming from geopolitical disruptions that ...

Cypriot fintech firm Ask Wire on Monday released a report detailing the total value of the ten most expensive property sales that took place in September 2023, the result of a ...

Cyprus witnessed a significant increase in its government debt-to-GDP ratio at the end of the second quarter of 2023, rising by 2.2 percentage points from the previous quarter, to reach 85.3 per cent, ...

Asset management doValue Cyprus announced on Monday that it has teamed up with Ablebook to pioneer an initiative focused on fostering inclusivity and accessibility in Cyprus. Ablebook, a groundbreaking application ...

Crypto offers exciting opportunities for financial growth over time. However, only a few crypto coins come with the prospects of 10x gains. Nevertheless, experts are eying Cosmos (ATOM), Monero (XMR), ...

TechIsland, Cyprus’ leading tech association with over 270 members, on Monday announced the formation of a new PropTech working group. PropTech, a portmanteau of property and technology, refers to the use ...

A milestone move by the European Central Bank toward launching a digital euro within a few years means the time has come for the newest incarnation of money to prove ...

Companies are pushed to develop as a result of new technologies that disrupt their entire business models and result in the establishment of new ones. Businesses must always be on ...

The representation of another person presupposes the existence of authorisation mainly through power of attorney and the transaction carried out is valid and binding on the principal. According to the ...

Central Bank of Ireland governor Gabriel Makhlouf has arrived in Cyprus on an official visit, encompassing two meetings with Cypriot officials, according to an announcement by the Central Bank of ...

Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said ...

Oil prices slid more than $1 on Monday as diplomatic efforts grew over the weekend to contain the conflict between Israel and the Palestinian Islamist group Hamas, although Gaza continued to ...

Will this be the solution to the problems of apartment buildings? By George Mouskides In order to avoid misunderstandings, we have to admit that there is currently relevant legislation regulating ...

Europe is pushing to create a network infrastructure based on quantum physics. By Jonathan O’Callaghan In May 2023, Dr Benjamin Lanyon at the University of Innsbruck in Austria took an ...

City farming and food sharing are blossoming in Europe with the help of local traditions and EU research. By Anthony King Picture the following scene in the Netherlands: kids roll ...

With text messages and emails under tightened surveillance, financial firms may now have to screen staff video calls for possible rule-breaking, amid concern regulators are poised to scrutinise such calls ...

Britain will host the world’s first global artificial intelligence (AI) safety summit next month, aiming to carve out a role following Brexit as an arbiter between the United States, ...

Here are the top business stories in Cyprus from the week starting October 16: The priorities of the government are intertwined with the commitment to incorporate technology and digitisation into its ...

The European Union’s data protection watchdog this week called for stronger privacy safeguards in EU draft legislation to underpin a digital euro. The European Central Bank (ECB) is due ...

A major cyber attack on a financial services payments system could lead to global losses of $3.5 trillion, with much of it not covered by insurance, commercial insurance market Lloyd’s ...

Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, will build a new kind of data centre using Nvidia (NVDA.O) chips and software for a range of ...

EE, Britain’s biggest mobile operator, said this week that it would launch a sales platform called EE ID to try to grow its retail offering by selling gaming consoles ...

Cyprus is facing a critical situation when it comes to being able to access housing, with numerous indicators painting a grim picture that demands immediate attention, according to Marinos Kineyirou, ...