Business

National strategy will aim to increase foreign direct investment in key sectors A deterioration of Cyprus’ business climate in the services sector further impacted the economic climate in May, with ...

The Association for the Protection of Borrowers (Syprodat) this week called said that the government must deal thoroughly and provide immediate solutions to the problems of borrowers. “Up until this ...

The study will take into consideration the salaries of 40,000 employees in Cyprus The Cyprus Statistical Service (Cystat) this week announced that it has commenced its research on earnings for the ...

The Turkish central bank’s net forex reserves dropped into negative territory for the first time since 2002, standing at $-151.3 million on May 19, official data showed on Thursday, as it ...

European Union authorities should curb leveraged bets on crypto assets by introducing limits for investment funds, exchanges and other firms to stop shocks in that industry from jeopardising financial stability ...

Talks between the government and US energy giant Chevron appeared to move in a positive direction on Friday, after a meeting at the presidential palace ended on a high note ...

Junior Achievement Cyprus (JA Cyprus) is set to host the highly anticipated Finale and Awards Ceremony of the “JA StartUp 2023” programme, according to an announcement recently released by the organisation. ...

The Turkish lira weakened to a record low of 20 against the dollar on Friday, ahead of this weekend’s presidential election runoff which will decide whether President Tayyip Erdogan extends ...

Trading is a complex process and even the most minor roadblocks can lead you to end up with huge losses. A demanding task with such high delicacy levels must not ...

As the United States stares at the risk of a credit downgrade, former Standard & Poor’s officials stood firm behind their seminal 2011 call to slash the country’s rating ...

The crypto world is going through an uncertain phase, where long-standing cryptocurrencies like Polkadot (DOT) and Tron (TRX) are struggling to gain positive momentum. Meanwhile, a new project, Tradecurve, has ...

Decentralized finance (DeFi) and non-fungible tokens (NFTs) were the two major areas of excitement in the crypto space during the last bull market, as indicated by the respective successes of ...

Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine war, that it will withdraw certification of 21 of ...

Brussels has agreed with Pfizer (PFE.N) and BioNTech (22UAy.DE) to amend a COVID-19 vaccine contract, cutting the number the EU must buy and pushing the delivery deadline to 2026, ...

A US government default would trigger an initial pull-back from crypto currencies followed by a “push upward” the CEO of London-based crypto firm Blockchain.com said on Thursday. The US ...

Do you want to start currency pair trading with confidence and ease? Consider Billner Group, the leading online trading platform. Whether you’re just starting or have experience in currency ...

Shiba Inu (SHIB) remains king even as Pepe (PEPE) moons temporarily, Filecoin (FIL) price action is slow, but the potential is great, and Collateral Network (COLT) is the cool new ...

The Cyprus Mail sat down with financial markets veteran Matteo Paganini to discuss the pursuit of revenue growth, the current economic climate, and the evolution of Cyprus as a business ...

Non-profit organisation TechIsland this week announced the launch of “Startup School,” an innovative workshop series designed to empower startups in Cyprus. “This groundbreaking initiative, powered by Zubr Capital, a renowned ...

In a concerted effort to support initiatives aimed at protecting the marine environment, Kition Ocean Port and Kition Ocean Marina announced this week they have become members of the Cyprus ...

In line with the upward trend in global central bank interest rates driven by high inflation, domestic bond yields issued by the Republic of Cyprus have continued their upward trajectory. ...

The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Thursday. Gross domestic product fell ...

The Electricity Authority of Cyprus (EAC) is partly to blame for Cyprus’ energy woes and high prices, but the state has let the people down, Energy Minister George Papanastasiou said ...

Junior Achievement Cyprus, a member of the world’s largest non-profit organisation dedicated to educating students on entrepreneurship, this week announced that in collaboration with Metlife, will organise a trade ...