Business

Alpha Bank Cyprus on Tuesday announced a new deposit interest rate for private accounts over €50,000 that reaches up to 2.10 per cent. In their official announcement, the bank stated that private ...

The Research and Innovation Foundation’s (IDEK) Central Knowledge Transfer Office (CKTO) this week announced that it has started officially accepting applications from interested parties. “We encourage everyone who has ...

Amazon.com (AMZN.O) is offering customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing ...

Sam Bankman-Fried, who has long denied stealing from customers of his FTX cryptocurrency exchange, on Monday said prosecutors charged him with “troubling” haste and asked a US judge to throw ...

Tourism revenue for February increased by 42.9 per cent over last year, the island’s statistics department (Cystat) said on Tuesday. Revenue from tourism reached €56.6 million in February 2023 compared to €39.6 mn ...

President Nikos Christodoulides on Tuesday addressed the Cyprus Shipping Chamber’s annual general meeting, praising the association for its efforts in boosting the local maritime sector, and consequently elevating the ...

Central Bank of Cyprus governor Constantinos Herodotou on Tuesday addressed the annual Nicosia Economic Congress, providing analysis and commentary on the country’s economy, both for the previous year, as ...

President Nikos Christodoulides on Tuesday delivered the keynote speech at this year’s Nicosia Economic Congress, focusing on his administration’s commitment to economic progress and development, while also acknowledging ...

British retail sales growth held steady in April but high inflation meant shoppers were getting less for their money, and unsettled weather discouraged many from buying summer clothes, a British ...

As the cryptocurrency market continues to evolve, investors are seeking out the next big thing with the potential for massive returns. Established projects like Polygon (MATIC) and Dogecoin (DOGE) have ...

As investors try to navigate the complex crypto landscape, the astonishing rise of TMS Network (TMSN) amidst its presale event is making it a bit easier for savvy investors. At ...

Sebastian Ebel, the Chief Executive Officer of TUI, a leading tourism company, this week declared that the era of inexpensive flights has come to an end, noting, however, that Cyprus ...

LinkedIn, the social media network owned by Microsoft Corp (MSFT.O) that focuses on business professionals, said on Monday it would cut 716 jobs as demand wavers, while also shutting down ...

Mergers and acquisitions (M&A) have long been an important tool for companies looking to grow, streamline operations, or enter new markets. Successful M&A is often a ...

Paphos is set to experience its best flight schedule in 30 years, according to Nasos Hadjigeorgiou, the head of the Paphos Regional Board of Tourism (Etap). In statements made to the ...

Interest rates for housing loans increased by 1.25 per cent in March 2023, compared to February 2023, according to the most recent data published by the Central Bank of Cyprus (CBC). The rise ...

The number of bad checks registered in Cyprus in April 2023 rose to 35, according to an announcement released on Monday by the Central Bank of Cyprus (CBC). The CBC’s data ...

New loans in Cyprus increased in March 2023, reaching a total of €922.5 million, up from €527.5 million in the previous month, according to data released by the Central Bank of Cyprus (CBC). ...

Chip designer Qualcomm Inc (QCOM.O) said on Monday it would buy Israel’s Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the US ...

The Aphrodite reservoir offshore Cyprus has a part to play in meeting growing global demand for natural gas, a senior Israeli energy executive has said. Yossi Abu, CEO of NewMed ...

Istanbul barber Hakim Ekinci, a long-time supporter of Tayyip Erdogan, won’t be voting for the president next Sunday, blaming his economic policies for eroding Turks’ purchasing power and leaving ...

German industrial production fell more than expected in March, partly due to a weak performance by the automotive sector, spurring again recession fears in Europe’s largest economy. Production decreased ...

A crypto project must bring something new to the table and possess a solid foundation, utility, and upside potential to succeed. And Tradecurve.io fits that description to a tee! ...

Quadcode, an international fintech company with offices in Cyprus, the UAE, England, Gibraltar and Australia, recently shared its experience in establishing an IT tech hub in Cyprus, by relocating more ...