Business

Tourist arrivals in Cyprus experienced a significant increase of 22.7 per cent in June 2023 compared to the same period last year, although they remained 10.6 per cent lower than the record-breaking arrivals ...

New York City played host to the Economist’s annual Eastern Mediterranean Business Summit on July 10, with PwC Cyprus serving as the platinum sponsor, according to an announcement released by ...

Positive news is expected from the findings of the third drill in the Aphrodite natural gas field in Cyprus’ exclusive economic zone (EEZ), to test the quality and quantity of ...

Payouts for rent subsidies as part of the ‘Ktizo’ scheme for refugee housing have already begun, with more set to follow, the government said on Monday. Speaking to the Cyprus ...

Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties, the G20’s Financial ...

As markets navigate a likely end to the steepest interest rate rises in decades, investors say the Bank of England has been less consistent in its messaging than other major ...

A bruised dollar took respite on Monday after suffering its worst weekly drop of the year, as traders waited on economic data and policy decisions before selling it down any ...

Failure to file renders the action abandoned and subject to dismissal Under Order 30 of the Civil Procedure Rules, there is a ninety-day period from the date on which pleadings are ...

The crypto market is a highly competitive space where each cryptocurrency aspires to grow in value. Both old and new cryptocurrencies constantly strive to be the best DeFi coins that ...

The Russian state has taken control of French yoghurt maker Danone’s (DANO.PA) Russian subsidiary along with beer company Carlsberg’s (CARLb.CO) stake in a local brewer, according ...

Artificial Intelligence (AI) has emerged as the most disruptive technology of the decade, whose impact has been felt across various industries and is reshaping how we live and work. InQubeta ...

Sales staff in real estate do not seem to want to educate themselves and become professionals of the level that is desirable. There are something like 400 registered estate agents around, ...

Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-biggest annual total on record, ...

In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Francisco. At ...

Italy’s luxury fashion groups, which for decades jealously guarded their independence, have started teaming up to protect their supply chains and the Italian roots of smaller companies, showing a ...

China’s BYD Co (002594.SZ) has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge ...

DigiToads (TOADS) has emerged as a standout performer in the competitive meme coin industry and has taken center stage among meme coins, outperforming Shiba Inu (SHIB). While Shiba Inu faces ...

In the realm of AI advancements, Google has long been at the forefront, driving innovation and pushing the boundaries of what is possible. These developments have caught the attention of ...

Here are the top business stories in Cyprus from the week starting July 10: Invest Cyprus, the national investment promotion agency, on Friday released a statement expressing its support for a ...

Aircraft flaps and emergency power units are part of efforts to reduce the aviation industry’s contribution to global warming. By Tom Cassauwers Each time a plane takes off or ...

The European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse – shared virtual worlds accessible through the internet – and to prevent Big ...

LG Electronics (066570.KS) said this week that it is targeting 100 trillion won ($77 billion) in sales by 2030 and plans some 50 trillion won of investment as the South Korean company announced its ...

The tax break scheme for attracting foreign high earners and bringing in qualified professionals to sectors such as IT has been a success, said the permanent secretary at the finance ...

More than a quarter of Britain’s single parent households have recently run out of food and been unable to afford more, according to a survey from the country’s ...