Business

The adoption of circular economy practices by Cypriot hotels is essential for bolstering the competitiveness and resilience of Cyprus’ tourism sector, stated Deputy Minister of Tourism Kostas Koumis. Moreover, Koumis ...

The Cyprus Shipping Chamber this week expressed deep concern over recent assaults by paramilitary forces in Yemen on commercial vessels passing through the Red Sea and the Gulf of Aden. ...

Cyprus experienced a significant deceleration in inflation in November 2023, dropping to 1.7 per cent compared to the previous November, marking the lowest rate in the past three months. This decrease was ...

Artificial intelligence, which can already generate texts and mimic human speech, might also help the world prepare for the worsening effects of climate change. By Tom Cassauwers In late October, ...

Cyberattacks against the government pose as the biggest risk to the Cypriot economy, while the mass influx of migrants and deteriorating climate change conditions make up remaining top three risks, ...

In recent years, Cyprus has emerged as a promising destination for businesses seeking to innovate and thrive within the dynamic landscape of the European Union The island has not only ...

The Cyprus Chamber of Commerce and Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, and the Cyprus-Austria Business Association, organised a business mission, forum, and networking ...

The Republic of Cyprus and France are set to sign a significant agreement on Monday in Nicosia, in an effort to eradicate double taxation concerns and bolster measures against tax ...

The Bank of England looks set to stick to its tough line against talk of interest rate cuts in Britain, even as other leading central banks signal that they might ...

Since 2020, Ugne Buraciene has been the Group CEO at payabl., one of the leading PayTechs with roots in Cyprus and offices across Europe payabl.’s mission is to become the ...

Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, ...

The north’s ‘deputy prime minister’ Fikri Ataoglu was the latest high-profile politician to weigh in on the matter of property sales in the north on Friday, saying “we do ...

Britain’s “big promises” to boost the financial sector’s post-Brexit global competitiveness have been a “damp squib”, with many of the changes yet to be implemented and none so ...

More than 10 million people have signed up for X in December, X CEO Linda Yaccarino said in a post on the social media platform on Thursday. This comes as the ...

Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the US economy will enter a long-heralded recession and drag the ...

PwC Foundation’s “Volunteering Days” are underway, marking a week dedicated to community engagement and societal contribution, according to an announcement released by the company this week. With 220 PwC volunteers ...

Britain’s labour market remains tight, despite a fall in job postings by employers over the course of 2023 and broader weakness in the economy, figures from recruitment platform Indeed showed ...

Trading app operator Robinhood Markets Inc (HOOD.O) said on Thursday it has launched commission-free crypto trading to customers in the European Union. “It is the only custodial crypto platform ...

Palta is a co-founding company, which invests in health-focused startups With a core mission of delivering meaningful contributions to people’s lives, Palta has several successful projects, among them are ...

Cyprus Stock Exchange (CSE) president Marinos Christodoulides recently emphasised the growing importance of Sustainable Development, Social Responsibility, and Corporate Governance in the financial sector. Addressing attendees at the ESG Cyprus ...

Central Bank of Cyprus Governor Constantinos Herodotou on Thursday addressed attendees at the 11th Banking Forum & Fintech EXPO, discussing the impact of technology on the financial sector. Held at ...

British house prices rose for a second month in a row in November, figures from major mortgage lender Halifax showed on Thursday, adding to signs that the past year’s ...

Oil prices reclaimed some ground on Thursday after tumbling to a six-month low in the previous session but investors remained concerned about sluggish demand and economic slowdowns in the US ...

EU countries and lawmakers have agreed on rules governing artificial intelligence systems such as ChatGPT after 10 hours of discussions, a person with direct knowledge of the talks said on Thursday. ...