Business

President Nikos Christodoulides said on Saturday he was “deeply satisfied” after investment service Moody’s upgraded Cyprus’ credit rating to “investment level”, putting the success down to the success of ...

Cyprus meets all the necessary requirements to become a global business and investment hub, according to the Cyprus Association of Major Developments , which represents 15 members overseeing some of the largest ...

Innovation in the tourism sector and strategies for promoting tourism in the digital age and digital marketing took centre stage in discussions at a workshop organised by the Association of ...

The Cyprus Shipping Chamber (CSC) discussed the impact of EU policies, with a focus on the challenges of decarbonising ships, during its monthly board meeting which took place in Limassol ...

By Ioannis Tirkides Liberal democracy has long been in retreat, and more so in the last ten years as widely documented in multiple studies and reports. Two examples are the ...

German retail sales unexpectedly fell in August, as persistently high inflation took its toll on consumption in the euro zone’s largest economy. German retail sales fell by 1.2 per cent ...

The north’s gross domestic product (GDP) grew by 13.3 per cent in 2022, according to the north’s statistics agency. The total GDP stood just shy of 73.9 billion TL (€2.6 billion), which ...

Giorgos Lakkotrypis on Friday was announced as the Consul of Kazakhstan in Cyprus, with the confirmation taking place in the presence of the Cypriot Minister of Foreign Affairs, the Deputy ...

Cypriot beverage maker KEO, a leading company in the field of winemaking, brewing, juice production, and bottling of natural mineral water, has released its financial results for the first half ...

The Central Bank of Cyprus has concluded the competition for a new digital platform for customer compliance, CBC governor Constantinos Herodotou explained during an event held on Thursday evening. The ...

Russia’s central bank has extended restrictions on transferring funds abroad for another six months, the regulator said on Friday. Until March 31, 2024, Russian citizens and non-residents from “friendly countries” will ...

Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy sweaters and coats as the critical holiday shopping period approaches, executives at major retailers including ...

CoinShares’ extensive report offers valuable perspectives on the surging enthusiasm for cryptocurrency in Europe. While the United States has historically held a dominant position in the cryptocurrency market, it’s ...

Financial institutions, especially fintech companies, are the most vulnerable businesses to data theft and cyberattacks. Since these institutions function solely on the web without physical presence, criminals use the anonymity ...

Fiscal concerns and worries over a prolonged period of elevated interest rates sent government bonds tumbling in the third quarter, and some investors believe more weakness is in store. US ...

A delegation of the Paphos tourism promotion company (Etap) on Friday announced by a project to further underwater archaeology. The project in aims to strengthen marine archaeology as part of ...

Britain’s economic performance since the start of the COVID-19 pandemic has been stronger than previously thought, with faster growth than Germany or France, according to revisions to official data ...

The cryptocurrency market in the USA has seen significant developments in recent days. In this in-depth analysis of the latest happenings, we explore the most critical events shaping the crypto ...

Every day more and more companies use fintech tools. Industry expert Sergey Kondratenko explained that companies do this to improve the efficiency of their activities. A recent study by Thomson ...

The municipality of Peyia is proceeding with a tender announcement for the project of the reconstruction of a section of Coral Bay Avenue, it was announced on Friday. According to ...

The Paphos property market has seen a surge in real estate sales, with major deals pushing the total value of transactions in excess of €190 million during the second quarter of 2023, ...

Cyprus experienced a net increase of €8.5 million in total loans during the month of August 2023, following a significant reduction of €100 million in the previous month, according to a report released ...

Cyprus experienced a 2.3 per cent increase in total petroleum sales in August 2023 compared to the same month in 2022, reaching a total of 124,832 tons, according to a report released this week ...

German inflation is likely to ease significantly in September based on data from five key German states on Thursday, signalling what could be the beginning of the end for high ...