Business

Shares in Turkish construction and cement companies surged on Monday, buoyed by expectations that they will benefit from rebuilding in Syria after rebels overthrew President Bashar al-Assad. Turkey will work ...

The Famagusta regional tourism board (Etap) recently held a meeting with representatives of EasyJet Holidays, the holiday division of the low-cost airline, it was announced on Monday. The meeting, which ...

Cyprus Chamber of Commerce & Industry (Keve) president Stavros Stavrou is set to deliver a speech addressing key economic and business issues at the chamber’s annual general meeting on ...

The crypto market is filled with altcoins, which may cost less than a burger but can give massive returns. For interested investors, altcoins with a valuation of less than one ...

The Lloyd’s List Greek Shipping Awards 2024 brought together hundreds of industry leaders in Athens, celebrating the achievements of local and international shipping. Deputy Minister of Shipping Marina Hadjimanolis attended ...

Antony Barnett, Chief Executive Officer of Limassol-based Network Financial Services (NFS), is no stranger to the delicate balancing act of financial planning. With a career that spans years of experience, ...

The European Union’s Digital Operational Resilience Act (DORA), taking effect on January 17, 2025, will impose tougher cybersecurity rules on financial entities, with the Central Bank of Cyprus (CBC) urging compliance ...

EU-funded researchers are turning food processing waste into a valuable resource, transforming discarded biomaterials into natural fertilisers. By Sofia Sanchez Manzanaro In Catalonia there are 7.7 million residents and approximately 7.9 million ...

By Alicia García-Herrero and Juan Mejino Lopez The European Union needs to adapt its emergency funding mechanisms to the increasing number and severity of climate catastrophes.  Devastating flooding in ...

Amazon (AMZN.O), announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things. ...

Google Cloud (GOOGL.O) announced that it had partnered with Air France-KLM (AIRF.PA), to deploy generative artificial intelligence (AI) technology on the airline group’s data. WHY IT’S ...

Meta (META.O) has announced that it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to ...

On November 30 total tourist arrivals to the island surpassed those seen for the whole of the year 2023, a record year for arrivals, Transport Minister Alexis Vafeades announced on Sunday. By ...

Here are the top business stories in Cyprus from the week starting December 2: Paphos mayor Phedonas Phedonos has urged Cypriot businesses to adopt a more international, export-oriented approach, saying that ...

By Hallam Stevens On November 12, United States president-elect Donald Trump announced he would appoint Elon Musk, the world’s richest man, to lead a newly constituted Department of Government Efficiency ...

French borrowing costs rose above those of Greece for the first time on December 2, as Michel Barnier’s government teetered on the brink of collapse, underlining a dramatic shift in ...

Tesla’s (TSLA.O) market capitalisation increased by the most among top global companies in November, boosted by expectations the automaker will benefit from CEO Elon Musk’s close ties ...

Britain’s cyber security chief warned of a rise in hostile activity in the country’s cyberspace, with the number of incidents handled by officials rising by 16 per cent in 2024 ...

Salesforce (CRM.N) beat Wall Street estimates for third-quarter revenue on December 3 and raised the lower end of its annual revenue forecast, helped by robust spending on its enterprise cloud ...

A U.S. federal appeals court on Friday upheld a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the United States by early next year ...

Credit rating agency Fitch on Saturday upgraded Cyprus’ credit rating from BBB+ to A-, becoming the second such agency in the space of three weeks to give the island an ‘...

The Bank of Cyprus on Friday outlined a range of initiatives designed to ease the financial strain on customers in the face of market interest rate volatility. In its announcement, ...

Intel (INTC.O), has started evaluating a handful of outsiders, including former board member Lip-Bu Tan, for the role of chief executive after the struggling American chipmaking icon ousted company ...

By Frederic Pralus The importance of Foreign Direct Investment (FDI) for national economies is undeniable. For countries like Cyprus, with an outward-oriented economic approach, the ability to attract businesses and ...