Business

Egypt’s headline inflation rate is set to hit an all-time high in March, a Reuters poll showed on Thursday, following a continued shortage of foreign currency after more than ...

The completion date for the construction of a jetty to facilitate a floating LNG storage and regasification unit (Fsru) at Vasiliko is likely to be pushed back once again, Energy ...

The World Bank has revised its 2023 economic growth projection for the oil exporters of the six-member Gulf Cooperation Council (GCC) downwards to 3.2 per cent in its latest update released on ...

The United States and Microsoft Corp (MSFT.O) reached a settlement on Thursday over the tech firm’s apparent violations of sanctions and export controls, which it disclosed voluntarily, the ...

When going over the crypto market, it is clear that many cryptocurrencies are recovering their value after a price correction. Numerous altcoins, including Polkadot (DOT) and FTX Token (FTT), gained ...

Shares of Airbnb Inc (ABNB.O) fell as much as 6 per cent on Thursday after an online independent publication released a report that probed unpleasant experiences that customers had during ...

TMS Network (TMSN) has caught the attention of traders as it records an astounding 2240% rise, leaving Dogecoin (DOGE) and Stacks (STX) far behind. As the bull and bear battle ensues, ...

Freelancing could be a great way to increase your income while also doing creative work that you enjoy. If you already have a full-time job, picking up more work might ...

The Cyprus Statistical Service (Cystat) on Thursday reported a year-on-year drop in construction production during the fourth quarter of 2022, while producer prices in construction saw a significant annual increase of 11.1 ...

The Bank of Cyprus on Thursday announced the establishment of a Sustainable Bond Issuance Framework, with a strategic goal of supporting the nation’s shift towards a more sustainable operational ...

The collapse of crypto exchange FTX and its grant-making body, the FTX Future Fund, has left some researchers at top universities without the funds they were promised and others trying ...

Sibur, the largest producer and exporter of liquefied petroleum gas (LPG) in Russia, redirected exports to Africa, the Middle East and Asia in the past three months, industry sources said. ...

Swiss lender Credit Suisse (CSGN.S) has won a $41 million lawsuit against a member of the Saudi royal family over a loan to refinance a super yacht, with London’s ...

Global Finance Magazine recently released its annual list of the best banks in Western Europe for 2023, with Hellenic Bank taking the top spot in Cyprus. According to an announcement by ...

The Russian government on Wednesday said it had approved a deal for Spain’s Inditex (ITX.MC) to sell its Russian business to a UAE-based buyer, with some of its ...

The Finance Ministry’s Public Debt Management Office on Thursday announced that the Republic of Cyprus’ newly issued ten-year Sustainable Fixed Rate Reference bond, amounting to €1 billion, garnered immense interest, ...

Oil remained on track for weekly gains on Thurday, with further production cuts targeted by OPEC+ and a drop in US oil inventories overshadowing fears over global economic growth. Brent ...

The next monetary policy decisions on European Central Bank’s interest rates will be based on the incoming data, Philip Lane, chief economist and member of the ECB’s executive ...

Global trade growth in 2023 will slow to 1.7 per cent, the World Trade Organization (WTO) said in its annual trade statistics and outlook report, published on Wednesday. The volume of world ...

For months, consumers have clamored for banks to pay out more for deposits as the Federal Reserve raised interest rates. Now analysts say after the banking crisis shook markets last ...

Being in control of your finances has always been a priority, but with the world turning digital, it’s more important than ever to find a payments solution that works ...

The cryptocurrency market has had an impressive start to 2023, with Bitcoin outperforming other established assets in Q1, breaking a 1 year record in the process. With the positive momentum for cryptocurrencies, ...

Crypto exchange Binance, which has been sued by US regulators, said this week that it is expanding services in inflation-hit Argentina, allowing users to buy and sell digital currencies directly ...

Complaints from consumers about banks and other financial firms in Germany rose by a fifth last year, official data shows, as regulators flex their muscles to shore up trust in ...