Business

Cyprus Statistical Service (Cystat) reported a 20.1 per cent increase in total tourist arrivals for the year 2023 compared to the previous year, which marked the third-best year on record after 2018 and 2019. ...

A deadline for registering ultimate beneficial owners (UBOs) for all companies has been re-extended on Wednesday, according to a decision by the department of the registrar of companies. The deadline ...

The United States on Wednesday returned the Yemen-based Houthi rebels to a list of terrorist groups, while business chiefs warned that disruption to shipping in the Red Sea caused by ...

Schibsted (SCHA.OL), Allegro and more than 20 other small European companies and industry groups on Tuesday urged Big Tech to seek their input into how it plans to comply with ...

A “new” electricity generator delivered to the north by Turkish energy company Aksa is actually 25 years old, it has been claimed. The generator is due to be installed at the ...

OPAP Cyprus announced the departure of its Chief Executive Officer, Dimitris Aletraris, effective as of January 16, 2024. Management duties in the gaming company will be performed by Alexandros Davos, Chief Commercial ...

Cyprus showed a decline in loan applications by both businesses and households, in the third quarter of 2023. This was influenced by strict Eurozone policies and rising interest rates, according to ...

Hotels and leisure centres that usually close during the off-season can now stay open and provide training for their employees, thanks to a new government plan. This programme covers two ...

Welcome to the shadowy corners of the internet where anonymity reigns supreme and transactions occur beyond the reach of conventional search engines. Today, we’re diving deep into the psychological ...

Oil prices rose by around 1 per cent on Tuesday, as investors weighed the impact of tensions in the Middle East. Brent crude futures gained 81 cents, or about 1.04 per cent, to $78.96 ...

Businesses highly prioritise candidates with advanced soft skills, said Irina Karpova, the head of recruitment at a leading Fintech company in Limassol. Karpova said that securing individuals who align with ...

BYD’s first chartered vehicle vessel has set sail from China’s southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday. Chinese ...

Cryptocurrency company Ripple Labs will buy back a portion of their own shares. Those close to the matter have claimed that the company will buy as much as $285 million worth ...

Deputy Minister of Shipping Marina Hadjimanoli, is leaving for Miami on Wednesday at the invitation of the Royal Caribbean company, one of the largest groups in the world active in ...

Thomson Reuters (TRI.TO) said on Tuesday it acquired World Business Media Limited, a subscription-based provider of news and analysis on the insurance and reinsurance market. The London-based company of ...

Eurostat’s latest data reveals significant developments in European tourism for the year 2023. Among the notable findings is Cyprus’s anticipated 20 per cent growth in tourism, securing the second-highest increase ...

EU Finance Ministers, including Cypriot minister Makis Keravnos, have said that gradual recovery is expected in 2024, but have warned that this will be in an environment of heightened uncertainty and ...

A Turkish Cypriot lawyer arrested in Italy over selling property in the north filed an objection to Cyprus’ extradition request on Tuesday, arguing the central prisons would not be safe ...

Toy makers grappling with surging costs in China are finding no easy options when it comes to shifting production to cheaper centres elsewhere. Six years ago, monopoly maker Hasbro (HAS....

Tempers flared in parliament on Tuesday when MPs piled on Commerce Minister George Papanastasiou, berating him for the fact that thousands of companies face hefty fines for not having registered ...

Business chief executives have expressed greater optimism about the economic prospects in 2024 than they had done for the previous year, with a many having plans to expand their workforce in ...

The government will decide by the end of the month whether the Cypriot state will invest in the mooted Great Sea Interconnector project, Energy Minister George Papanastasiou said on Tuesday. ...

Japanese shipping operator Nippon Yusen suspended sailings through the Red Sea on Tuesday after Yemen’s Houthi movement vowed to step up attacks on vessels in the region. The Iran-allied ...

Commissioner of the Environment, Antonia Theodosiou, said it was critical for businesses to align with the newly established framework of the European Green Deal. At a workshop titled “How do ...