Business

Italy plans to set up an investment fund with an initial endowment of 1 billion euros ($1.09 billion) to promote Artificial Intelligence (AI) projects, Prime Minister Giorgia Meloni said on Tuesday. Backed ...

High-level officials from the Chinese-led consortium responsible for constructing the liquefied natural gas (LNG) terminal at Vasiliko are expected to visit within the week, according to Energy Minister George Papanastasiou. ...

A statutory tenancy relates to the premises, presupposing a tenancy and is connected with the right of the statutory tenant to remain in possession and not be evicted as long ...

TLDR Details of Sei’s upcoming upgrades could boost its performance. Optimism’s (OP) market capitalization has grown by $1.7 billion since late February as its bullish momentum increases. NuggetRush (NUGX) ...

Cyprus has signed an Enterprise Agreement with tech giant Microsoft to enhance the island’s digital transformation and improve the public sector’s efficiency. The €8 million agreement was signed by ...

The crypto market took a break from people investing in BTC ETFs after Solana posted a new record. On March 9, 2024, Solana’s (SOL) price rose to $150, buoyed by the increase ...

Tesla’s, opens new tab Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received “poor” ratings from the U.S. Insurance Institute for ...

A teleconference of all partners in the initiative for the maritime humanitarian corridor to Gaza is taking place on Wednesday. President Nikos Christodoulides announced the meeting, to be attended by ...

Employment in the broader public sector witnessed a notable annual increase in Q4 of 2023, rising by 2,765 people, or 3.8 per cent, compared to the corresponding quarter of 2022. According to Cystat, the ...

Britain is proposing to build new gas plants to improve energy security and risks facing blackouts without them, the government said on Tuesday. As part of efforts to meet climate ...

MPs heard on Tuesday that out of some 230,000 registered companies, so far only 140,000 have updated their records regarding their ultimate beneficial owners (UBOs), the rest facing hefty fines if they ...

Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger “Grok” this week, days after he sued OpenAI for abandoning its original mission in favor ...

The Famagusta Tourism Board (Etap) and businesspeople of the district were at the “ITB BERLIN 2024” international tourism exhibition, held last week, in an effort to promote bookings in Germany. Giorgos ...

The Cyprus economy has showcased its strong resilience, in a particularly difficult period recording, “comparatively one of the highest growth rates in the European Union,” said Dr Giorgos Mountis, CEO ...

Finance minister Makis Keravnos expressed satisfaction with the eurozone’s fiscal policy orientation for 2025, as Cyprus’ conservative fiscal approach was already in line with it. He added that the joint ...

Eurozone finance ministers decided to gradually phase out energy support measures in 2024 in favour of fiscal prudence, aimed at reducing government deficits. The gradual abolition of energy support measures was ...

Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years ...

Bitcoin hit a record high on Monday above $71,000, as the surge in the biggest cryptocurrency showed no signs of slowing down. Britain’s financial watchdog on Monday became the latest ...

According to the Cyprus Statistical Service (Cystat) report ‘Registration of Motor Vehicles’ for the period January-February 2024, vehicle registrations increased by 45 per cent. Furthermore, the share of electric vehicles has reached 3.1 ...

European stock indexes fell from recent record highs on Monday, and Wall Street looked set for losses, as traders grappled with an uncertain economic outlook and waited for U.S. ...

Opposition party Akel on Monday reiterated their call on government to make moves to drive down electricity costs for households and businesses, while demanding that light be shed on the ...

Cyprus saw a significant reduction in its trade deficit, which stood at €566.5 million in January 2024, according to the Cyprus Statistics Service Cystat. This was a marked decline compared to €1.419.9m ...

bbf: is a recognised leader and one of the top three development companies in Cyprus, specializing in high-end residential and commercial developments with a long-proven successful history and strong expertise. ...

The Deputy Minister of Shipping, Marina Hadjimanoli said Cyprus was committed to attracting young people to the maritime profession as well as more women as part of its effort to ...