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.
In December 2020, the SEC filed a lawsuit against Ripple Labs Inc, the creators of XRP, alleging that they had sold unregistered securities in the form of XRP tokens.
The SEC ...
Storied Cypriot soft drinks company KEAN on Tuesday released a statement notifying the public that its board has reached an agreement in principle to sell the company’s shares to ...
As one of the most powerful women and role models in technology in Cyprus, Elena Georgiou Strouthos is heading an agency focusing on mobile platforms design, development, and consultation with ...
In the current cryptocurrency market, where confidence is regaining momentum, each company strives to draw the attention of institutional investors. These investors, who are typically banks or mutual funds with ...
Cyprus can take advantage of soaring copper prices, the result of pronounced shortages across the world, helping to increase supply through new projects on the island, according to Mark Rachovides, ...
A surprise production cut by Saudi Arabia and other Middle East producers has caught the energy industry flat-footed and will lift global prices with little room for a coordinated response ...
Turnover in Cyprus’ retail trade sector rose during February 2022, both in terms of value and volume, according to a report released on Monday by the Cyprus Statistical Service (Cystat).
According ...
Mitsubishi UFJ Financial Group Inc (8306.T) will postpone the issuance of Additional Tier-1 (AT1) bonds to mid-May or later from late April, a spokesperson said on Monday, after the Swiss ...
An innovative conference is coming this week in Cyprus with the goal of showcasing new practices in both urban and rural developments.
The Cyprus Forum Cities is the unification of ...
Eurobank Cyprus on Monday announced that it has been voted as the best bank for international private banking in Cyprus for 2023, an award bestowed upon the bank by Euromoney magazine ...
Andrie Penta’s primary responsibility is to assist organisations in creating and maintaining a skilled, motivated, and productive workforce by offering pertinent and efficient training programmes that address the unique ...
The world of cryptocurrencies has been rocked by recent lawsuits, causing some investors to become wary of the market’s instability. However, there is one cryptocurrency that has continued to ...
Revenue from tourism for January 2023 recorded a 61.7 per cent increase compared to last year’s corresponding month, according to a report released by the Statistical Service on Monday.
The total ...
The Cyprus Securities and Exchange Commission on Monday released a statement responding to an announcement by failed cryptocurrency exchange FTX EU (Cyprus) saying that it will commence processes for the ...
After weathering recession and military conflicts, Israel’s high-tech sector could be facing its biggest test yet as the collapse of Silicon Valley Bank (SVB) removes a key funding source ...
Saudi Arabia and other OPEC+ oil producers on Sunday announced further oil output cuts of around 1.16 million barrels per day, in a surprise move that analysts said would cause an ...
Sometimes, a single project is enough to instill a sense of optimism across the crypto world. Collateral Network (COLT) is one such platform. The presale of Collateral Network (COLT) has ...
Non-profit organisation TechIsland recently announced that Wargaming general manager Valentinos Polykarpou has been appointed as its new chairman. The Cypriot executive is taking over at the island’s biggest IT ...
The court has power to issue an order for the cancellation of a mortgage when the obligation secured has been paid off or ceased to exist
A mortgage creditor has ...
Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of ...
Following the consistent growth of cryptocurrency, more individuals intend to invest in the industry as part of their investment strategy. Before investing, most investors already know which crypto to buy, ...
“Every organisation’s competitive advantage is its people, and we are committed to creating diversified, inclusive, high-performing and profitable work environments,” Anna Prodromou, Consultant, trainer, author & speaker, Anna Prodromou ...
The bank created by the UBS (UBSG.S) takeover of Credit Suisse (CSGN.S) is poised to reduce its workforce by 20-30 per cent, Swiss daily Tages-Anzeiger reported on Sunday, ...
The inflation rate in Cyprus is declining, but is still high [at 6.7 per cent in February 2023]. Interest rates are very low, 1.29 per cent for household deposits and 1.27 per cent for ...