Business

The European Central Bank (ECB) is expected to keep the cost of borrowing at current levels when it meets on Thursday, as the rate of inflation is on a downward ...

Kedipes has announced a new repayment plan for non-performing loans (NPL) that would be secured by a primary residence, with a market value of up to €350,000. In a detailed statement, ...

The services sector performed very well in 2023 said the Employers and Industiralists Federation (Oev), with significant improvements registered in several key areas. Notably, the indicators for accommodation and catering services ...

In March 2023, total beer shipments experienced a notable increase, rising by 10 per cent year-on-year. This growth was primarily driven by domestic shipments. According to the data from the Cyprus Statistical ...

Minister of Agriculture, Maria Panayiotou praised the economic value of the wine industry and revealed plans for global promotion through international events and financial support. “The determination of the government ...

The fiscal surplus of the General Government significantly exceeded half a billion in the first two months of this year, demonstrating an increase of 34 per cent annually and reaching 1.7 per ...

Microsoft has has announced plans for a new artificial intelligence (AI) hub in London, focused on product development and research. The unit will be led by Mustafa Suleyman, the London-born ...

The management of Greece’s Independent Power Transmission Operator (Admie) will be in Cyprus on Tuesday to hold talks with representatives of the energy ministers of Cyprus and Israel. They ...

There has been an untold competition between new and established DeFi coins as they all strive to retain relevance in the crypto market. Notably, tokens like Polygon (MATIC) and Arbitrum (...

Increased evidential proof is needed and only certain defences allowed A bond in customary form legally secures a creditor and places them in an advantageous position over a debtor, preventing ...

Christodoulos Patsalidis was on Monday named as the new Governor of the Central Bank of Cyprus, by President Nikos Christodoulides. The new CBC governor will assume his duties on April 11, ...

You often hear about developers, property sellers in Cyprus not being in a position to have the title deeds issued and thus transferred, creating problems for the buyers. Less talked ...

Upgrading social housing is a central part of EU projects to make city life healthier and happier. By Gareth Willmer In the northeastern Italian city of Trieste, a construction project ...

New materials and designs can make a leading source of renewable energy both greener and cheaper. By Tom Cassauwers At first glance, the wind-turbine tower that rises from the green ...

Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026 as gamers record fewer hours of playtime, according to research firm Newzoo. The market is ...

Amazon Web Service (AWS) (AMZN.O) has expanded its free credits program for startups to cover the costs of using major AI models, the company told Reuters in an interview, ...

The Paphos regional board of tourism (Etap) heralded on Sunday that regular flights between Cyprus and Tel Aviv will resume. Etap referred to a recent Ryanair announcement which said starting ...

Yianna Christou explains how beverage companies are embracing ESG. This shift in consumer priorities means that brands actively engaging in ESG initiatives can build, trust, credibility and emotional connection strengthening ...

The Island Private School in Cyprus is a progressive educational school offering a holistic learning environment for students of diverse cultural backgrounds. “Looking forward, we plan to celebrate various faiths ...

Here are the top business stories in Cyprus from the week starting April 1: In a notable development in Cyprus, two brothers, George Geratziotis and Dr. Alexandros Geratziotis, have spearheaded an ...

Traders and investors are looking to global interest rate cuts and a closely-fought US election to drag the world’s currency markets from their deepest lull in almost four years. ...

The United States and Britain this week announced a new partnership on the science of artificial intelligence safety, amid growing concerns about upcoming next-generation versions. Commerce Secretary Gina Raimondo and ...

In a bid to enhance sustainable development practices, banking and financial institutions are gearing up to introduce a groundbreaking tool for assessing companies’ compliance with Environmental, Social, and Governance (ESG) ...

City Friends Club (CFC) is at the forefront of fostering a sustainable future through its solid commitment to waste reduction and environmental stewardship, says Anna Gubareva, CEO and Founder “By ...