Business

The central government’s debt fell by 5.6 per cent between June and September to €22.5 billion. The figure amounts to a €1.33bn reduction over the course of the three-month period in ...

Cyprus witnessed a contrasting trend in construction permits during the January to September 2023 period, with a reduction in the total number of licenses issued but a significant increase in their ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday announced that the International Matchmaking Event it recently held at a major energy conference was a resounding success. The matchmaking ...

The Cyprus Statistical Service (Cystat) released a report this week revealing a notable upturn of 6.7 per cent in industrial business activities during the first nine months of 2023, compared to the ...

Alphabet (GOOGL.O) on Wednesday introduced its most advanced artificial intelligence model, a technology capable of crunching different forms of information such as video, audio and text. Called Gemini, the ...

Britain’s construction sector activity fell sharply for a third month in a row in November, led by an ongoing slump in house-building as it bears the brunt of higher ...

In the rapidly evolving landscape of technology and business, women are increasingly making their mark, breaking through barriers, and rising to leadership positions. Drawing on the insights of accomplished female ...

Russian President Vladimir Putin landed in Saudi Arabia on Wednesday and immediately began hastily arranged talks with Crown Prince Mohammed bin Salman on oil, Gaza and Ukraine. It was not ...

Founded in 2021, TechIsland has grown to be Cyprus’ largest tech association, now comprising over 270 member companies The organisation’s core mission is to transform Cyprus into a leading tech hub. “...

President Nikos Christodoulides is scheduled to meet the representatives of the Independent Power Transmission Operator (ADMIE) over the Euro-Asia Interconnector on Thursday. He will be accompanied by Energy Minister George ...

The Cyprus Committee of Financial Literacy and Education convened for the first time at the Central Bank of Cyprus (CBC) on Tuesday, December 5, according to a statement released on Wednesday. ...

Cypriot firm Ask Wire, a real estate data analytics company, which has provided its services to the Cyprus government, systemic banks, insurance companies and investors, this week announced that it ...

The attention on Day 6 of the UN COP28 climate summit in Dubai was Energy. It was the day when the key question about the future of fossil fuels came to ...

The Cyprus Computer Society (CCS) on Thursday announced that, in collaboration with the Ministry of Education, Sports and Youth, is organising this year’s Cyprus Olympiad in Informatics, for Secondary ...

National flag carrier Cyprus Airways on Wednesday announced the launch of direct flights between Larnaca and Brussels International Airport, in what is being described as a significant move to boost ...

European stocks are set for a bullish start if they follow the Asia-Pacific lead, buoyed by a drop in bond yields on deepening confidence that the major central banks’ tightening ...

UK investors pulled money from real estate funds for the second month running in November, but sentiment towards equity and fixed-income funds improved, fund network Calastone said on Wednesday. Investors ...

Amazon’s (AMZN.O) streaming unit Twitch on Tuesday said it will shut down operations in South Korea in February next year, due to high operating costs and network fees. “...

Swittle, a fintech company, is dedicated to optimising the receivables process, enabling business owners to focus more on what they love: running and expanding their businesses ‘Sustainability in fintech represents ...

Over 70 bilateral meetings between Cypriot and foreign businesses from 15 countries took place within the framework of an international event in Limassol the Cyprus Chamber of Commerce (Keve/CCC) announced. Participating ...

The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury has issued new sanctions orders concerning three Cyprus-based entities on Wednesday. The new sanctions include three ...

Step into the dynamic world of cryptocurrency, where a revolutionary token is making waves amidst stalwarts like Celestia (TIA) and EOS. Brace yourself for an exploration into this new market ...

The lending interest rate for home purchases hit 4.91 per cent in October 2023, according to the Central Bank of Cyprus’ (CBC) latest Monetary and Financial Statistics report. At the same time, ...

The Bank of Cyprus has clinched the coveted title of “Bank of the Year” in Cyprus for 2023, bestowed by The Banker, a prominent global publication specialising in the banking and ...