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 Cyprus Real Estate Agents Registration Council on Wednesday released an announcement stressing that it has intensified its efforts to combat the issue of illegal real estate brokering, resulting in 167 ...
Israel raised a record $8 billion in its first international bond sale since the Oct. 7 Hamas attacks, with very high demand even after Moody’s gave Israel its first ever sovereign ...
Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business suffers from consumer boycotts linked ...
Britain’s Conservative government announced a 10-billion-pound cut in labour taxes on Wednesday, paring emergency reserves to pay for it, in what could be the last budget ahead of an ...
The energy regulator (Cera) on Wednesday ruled out a price increase on electricity bills.
According to a Cera board decision, “It was decided to keep in force for the year 2024 ...
Cyprus has been urged to cough up its €100 million financial share in the Great Sea Interconnector project in a meeting between Finance Minister Makis Keravnos and Greece’s Independent Power ...
The Cyprus Computer Society (CCS) on Wednesday announced the Future Startup Founders programme launch, designed exclusively for aspiring female entrepreneurs.
According to the announcement, this initiative falls under the Startup ...
The Great Britain-Cyprus Business Association held a conference on Tuesday evening which put the spotlight on Larnaca’s potential as a key investment destination.
The event, titled “A Hidden Gem ...
Global passenger demand increased by 16.6 per cent in January, according to a report released on Wednesday by the International Air Transport Association (IATA), indicating a robust start for the year.
“2024 ...
Cyprus’ Finance Minister Makis Keravnos met with the chairman of Greece’s Independent Power Transmission Operator (Ipto) Manousos Manousakis, according to an announcement released on Tuesday evening.
The announcement said ...
The Cyprus Real Estate Agents Registration Council on Wednesday released an announcement stressing that it has intensified its efforts to combat the issue of illegal real estate brokering, resulting in 167 ...
Hellenic Bank supported the recently-held Capital Link Cyprus Shipping Forum
The 7th Annual Capital Link Cyprus Shipping Forum, which took place in February, saw a number of optimistic messages being ...
One of Turkey’s mid-sized Mediterranean oil terminals – the Dortyol terminal – will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by ...
TLDR
A new update could spur Ethereum (ETH) to rise to $3,847.11 in a few weeks.
Following a recent Coinbase announcement, the value of Binance Coin (BNB) could rise to $470.41 before ...
Egypt’s central bank said on Wednesday that it had hiked interest rates by 600 basis points at an unscheduled meeting and that it would allow the exchange rate to be ...
Deputy Minister of Culture Vasiliki Kassianidou has proposed further ways of promoting Ayia Napa as a tourist destination through the creation of cultural routes.
During a tour of Famagusta by ...
Cyprus’ Industrial Business Cycle Index for the month of December 2023 reached 180.1 units, with 2015 being the base year, marking a 0.3 per cent increase compared to December 2022.
According to a report released ...
The year 2023 marked the highest annual inflows since the establishment of the state-owned asset management company Kedipes in 2018, according to statements made on Tuesday by chairman Lambros Papadopoulos.
As of ...
Decisions on 60 per cent of corporate loans issued by Russia’s top lender Sberbank (SBER.MM) will be made using artificial intelligence (AI) by the end of this year, CEO ...
British consumer spending slid in February as bad weather kept shoppers at home, according to a survey on Tuesday that showed households remained cautious to spend in the face of ...
American Airlines (AAL.O) on Monday unveiled its biggest plane order since 2011, buying 260 new jets from Airbus (AIR.PA), Boeing (BA.N) and Embraer (EMBR3.SA) as it looks to ...
Britain’s government needs to do a better job of monitoring risks posed by its sales of bonds which have surged after a string of shocks to the economy, a ...
Swiss weapons exports fell by more than a quarter last year, the government said on Tuesday, with critics blaming the country’s neutral stance which has blocked the re-export of ...
Meta Platforms-owned (META.O) Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com.
The disruptions started ...