Business

Deputy Minister of Tourism Kostas Koumis this week addressed long-lasting competitiveness issues in the Pernera area, between Protaras and Paralimni, acknowledging the closure of eight tourist accommodation units since 2006. “Concerning ...

Wargaming, an award-winning online game developer and publisher headquartered in Nicosia, on Tuesday announced a number of opportunities for students and recent graduates, which are set to take place in 2024. ...

Police on Monday arrested five persons in a coordinated operation against illegal employment in Nicosia. According to police the operations was carried out in coordination with the immigrations service and ...

The European Central Bank (ECB) kept interest rates unchanged at a record high on January 25, meeting the expectations of analysts, and reiterated its commitment to lowering inflation. In addition, there ...

The Cyprus Association of Electronic Money Institutions and Payments (ACEMPI), a member of the Cyprus Chamber of Commerce and Industry (Keve), on Monday introduced a significant tool for the electronic ...

Goldman Sachs lowered its 2024 earnings growth forecast for European STOXX 600 (.STOXX) companies to 3 per cent from 7 per cent, citing headwinds from lower oil prices and inflation. Oil prices gained last ...

Shell’s exit from Nigeria’s onshore oil sector highlights risks oil majors face in Africa’s biggest exporter but has raised hopes that local firms could reverse the output ...

The much-touted opening up of the electricity market has been pushed back to the summer of 2025, MPs heard on Monday. They got the news from Stavros Stavrinos, executive director at ...

The Electricity Authority of Cyprus (EAC) on Monday denied it has already decided to invest €43 million into upgrading its power plant at Dhekelia, following allegations by an association of businesses. ...

Houthi attacks in the Red Sea are impacting Cyprus, leaving stakeholders increasingly concerned, director general of the Cyprus Shipping Chamber Thomas Kazakos said on Monday. During a press conference, he ...

This year, 2024, the crypto trading world has developed at a high rate. New opportunities often bring new challenges, and traders should be watchful to avoid common traps that can result ...

If you are looking for an appropriate trading platform for getting advantages over traditional commodity trading, then this blog is for you. If you need clarification about selecting a proper ...

Cyprus has witnessed a remarkable surge in the Information and Communication Technology (ICT) sector, emerging as a central driver of economic development, with the CEO of Invest Cyprus Marios Tannousis ...

In the dynamic and constantly changing realm of cryptocurrency, safeguarding your investment becomes crucial. With the beginning of 2024, security has become more important than ever before. Here is a detailed ...

Cypriot real estate data analytics firm Ask Wire on Monday released a report outlining the ten most lucrative property transactions completed in Cyprus during 2023, along with additional analysis pertaining to ...

TLDR: The majority of “profit taking” from Grayscale’s Bitcoin Trust is now likely over, JP Morgan says. A key technical indicator shows that Shiba Inu’s price could soar ...

The Cyprus Shipping Chamber (Kne) announced on Monday that it is marking 35 years of successful operation since its establishment on January 26, 1989, with a number of events, which ultimately seek to ...

Applications opened on Monday for the annual Bi-Communal Entrepreneurship prizes at the Stelios Bi-communal Business Cooperation Awards, given to Greek and Turkish Cypriots who work together. The annual prizes, now ...

Investor sentiment post BTC ETF is turning negative as the number one cryptocurrency falls below its support level of $40,000. Amidst this narrative, expectant investors anticipating an Ethereum (ETH) ETF are ...

The British public’s expectations for inflation, especially in the short term, have fallen, according to a survey that will feed into this week’s debate at the Bank of ...

Oil prices climbed on Monday after a drone attack on US forces in Jordan added to worries over supply disruption in the Middle East as Houthi rebels stepped up their ...

Ryanair (RYA.I) has told Boeing (BA.N) that if any US customers refuse to take delivery of 737 MAX 10 aircraft, that it would buy them “at the right price,” executives ...

The Graph (GRT) and Stacks (STX) fell significantly in value during the past month, leading many to look for diversification opportunities. Despite the bearish outlook and overall discouraging market performance, ...

PayPal (PYPL.O) is launching new artificial intelligence-driven products as well as a one-click checkout feature, the company said last week as its chief executive tries to inject new life ...