Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
The City of Dreams Mediterranean resort and casino this week released a statement announcing the launch of Anaïs, Cyprus’ first French Gastro Club.
At the club, visitors can taste ...
OpenAI’s ChatGPT, the wildly popular artificial intelligence chatbot launched in November, saw monthly website visits decline for the third month in a row in August, though there are signs ...
By Luigi Scazzieri
Her first year in office has confounded expectations, as Italian Prime Minister Giorgia Meloni blended Atlanticism and pragmatism towards the EU with right-wing populism on immigration, cultural ...
Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude production cuts, highlighting its still heavy reliance on oil as reforms to diversify ...
Nine busloads of Israeli tourists, who arrived in Cyprus aboard the Crown Iris cruise ship, will visit Larnaca on Saturday.
They are scheduled to visit Finikoudes beach and the town ...
Congress next week will hold three hearings on artificial intelligence, including one with Microsoft MSFT.O President Brad Smith and Nvidia NVDA.O chief scientist William Daly as Congress works ...
Cyprus’ beer industry experienced a remarkable boost in exports during August 2023, with a staggering increase of 113.6 per cent or 193,315 litres, leading to an overall rise of 1.5 per cent in total ...
The Cyprus Research and Innovation Foundation (RIF) has unveiled the return of its highly anticipated science communication competition, “Science Unfold,” for another exciting year.
Taking place on September 29, 2023, as part ...
Cyprus’ technology and innovation community was celebrated in style at the first-ever TechIsland Awards ceremony, which took place in Limassol on September 7, 2023.
The event, marked by a remarkable gathering of ...
The highly anticipated 4th BoC Fintech Hackathon 4.0, an annual event, is just around the corner. This year, the marathon focuses on innovative technologies in the financial sector (Fintech) and is ...
Europe has finally launched its first spot Bitcoin exchange-traded fund (ETF), beating the United States to the punch. The Jacobi FT Wilshire Bitcoin ETF, which began trading on Euronext Amsterdam ...
Cypriot President Nikos Christodoulides on Thursday evening underscored the pivotal role of technology and innovation in the country’s governance programme and economic vision.
“The government is implementing specific actions ...
Cyprus experienced a resurgence in inflation during August, primarily driven by an increase in food prices and other essential goods, according to a report released this week by the state’...
President of the Cyprus-Greece Business Association Iosif Iosif is set to engage in significant discussions with economic, business, and investment entities from Greece during his visit to the 87th Thessaloniki ...
There was a significant surge in Cyprus’ labour force, coupled with a decline in the number of unemployed individuals, in the second quarter of the year, according to a report ...
The Cyprus Composite Leading Economic Index (CCLEI) recorded an annual increase of 2.2 per cent in August, albeit showing a slowdown compared to the 2.4 per cent and 2 per cent annual increases ...
Wealthy clients going to a Morgan Stanley financial adviser to discuss their investments may have a different sort of experience in the future: having a chatbot listen to their conversation.
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The Cyprus Securities and Exchange Commission (CySEC) on Thursday issued a fresh warning over scammers impersonating CySEC employees, as well as websites pretending to be that of the commission, in ...
British house prices have fallen at the fastest pace since 2009 over the past year, reflecting the increasing impact of higher interest rates, mortgage lender Halifax said on Thursday.
Halifax said ...
The Nicosia property market saw a total of 1,267 properties being sold during the second quarter of 2023, encompassing four major categories, houses, apartments, land, and fields, for a total value of €205 ...
Shell considered shutting its flagship Prelude liquefied natural gas facility off Australia for a year to fix issues that have plagued its operations, but instead opted for a shorter maintenance ...
In 2023, the crypto landscape is teeming with opportunities, but three tokens stand out as potential game-changers for your investment portfolio: Chainlink (LINK), Aave (AAVE), and Everlodge (ELDG). Each of these ...
Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of steam, a fresh sign that aggressive interest ...
Nestle (NESN.S) is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said on Thursday.
Grupo CRM operates a direct-to-consumer model, with more ...