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.
Russia’s government said on Friday it had lifted a ban on pipeline diesel exports via ports, removing the bulk of restrictions installed on Sept. 21.
The restrictions for gasoline exports ...
The Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou on Friday used his keynote address at the 14th Limassol Economic Forum to provide insights into the economic outlook ...
YoungShip Cyprus was founded in 2011 as a youth organisation focusing on shipping and aims to promote the voice of young people in decision-making centres nationally and internationally
Our role is ...
The announcement of their collaboration and also for the grand final of the European NASCAR championship, was made by Vladimiros Tziortzis and the Cypriot airline TUS Airways.
By virtue of ...
Cyprus’ robust shipping registry is bolstering the nation’s maritime prominence, positioning it as a key player in shaping maritime policy while delivering a clear message that illicit restrictive measures ...
Cyprus’ Deputy Minister of Tourism Kostas Koumis highlighted the importance of promoting the historical connection between Cyprus and France as the Kingdom of the Lusignans during his recent visit to ...
The Central Bank of Cyprus (CBC) released its latest data this week, revealing a minor increase in deposit interest rates in Cyprus in August 2023 compared to July.
While the interest ...
Net new loans in Cyprus decreased by €71.2 million in August 2023, compared to July 2023, according to the latest data from the Central Bank of Cyprus (CBC).
According to the report, net ...
Sandal company Birkenstock needs to sell more clogs and boots and boost sales from its own website and boutiques to attract new shoppers amid a cost of living crisis, investors ...
The Appeals Court has voided a prior court ruling which had fined a former banker €100,000 for having made misleading statements concerning the cash flow of now-defunct Laiki (Popular) Bank.
The ...
In the vibrant waters of the Eastern Mediterranean, the Cypriot shipping industry has long been a maritime powerhouse, both historically and in the modern era
As we embark on a ...
Russia has overtaken the United Arab Emirates (UAE) to become India’s top naphtha supplier, data shows, as New Delhi takes advantage of discounted Russian oil products and the re-routing ...
By Lanting Liu
The 12-member delegation from the city of Nanjing led by the Deputy Mayor of the city, Mrs. Huo Huiping visited Limassol last week.
The delegation, which included ...
Oil prices inched up on Thursday, clawing back some of the previous session’s big losses after an OPEC+ panel maintained oil output cuts to keep supply tight, though an ...
Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed.
Cook sold 511,000 shares, which were worth about $87.8 ...
Aivitam Ventures and Forbes Cyprus announced this week that they will be hosting The Future of Fintech Summit 2023, a global offline gathering set to take place on December 7-8.
According ...
Erik Finman is an American investor who made headlines as the so-called youngest Bitcoin (BTC) millionaire in 2018. The announcement came off the back of an incredible 2017 bull run that saw ...
Maritime HR gives greater emphasis to specific elements such as talent acquisition and employee engagement in aiming to improve seafarer satisfaction
John Ioannou, HR and Crew Management Consultant based in ...
TechIsland, Cyprus’s leading tech association, on Thursday released a statement announcing that Ugne Buraciene, Group Chief Executive Officer of payabl., has officially joined its board of directors, effective as ...
By Kyriacos Nicolaou
In this exclusive interview, Timur Turlov, a visionary leader and CEO, delves into his triumphant journey in the world of finance. It all began in 2008 amidst the ...
Cyprus’ banking sector has seen its net interest income double in the first half of 2023, marking a 100 per cent increase compared to the same period last year.
This surge is ...
Mie Kawamata dreamed of owning a home where she could tend a small garden and her 1-year-old daughter could play outside, yet still be close enough to commute to central ...
Car sales in Russia jumped by 148.6 per cent year-on-year in September, continuing to rebound from a huge slump in 2022, analytical agency Autostat said on Wednesday, with Chinese brands expanding their ...
Freedom Finance Europe announced this week that it will be hosting the Annual Financial Markets Forum (AFMF) in Cyprus for the second year in a row, with the event taking ...