Business

The government wishes to increase the stature and sales of Cypriot wines, both internationally and domestically, Disy leader Averof Neophytou said on Monday in an address to an event examining ...

The digital transformation of the Housing Finance Corporation, including to its internet banking services, is underway and scheduled to be completed by 2023, acting general manager Vassiliki Vassiliou said on Sunday. ...

Six out of ten businesses have experienced a decline in turnover over the past year, with 68 per cent stating in a survey their dissatisfaction with the extent of government assistance ...

Credit Suisse was plunged into a dirty money scandal on Monday after media outlets reported the Swiss bank had managed accounts for human rights abusers, fraudsters and businessmen who had ...

President Joe Biden’s administration has prepared an initial package of sanctions against Russia that includes barring US financial institutions from processing transactions for major Russian banks, three people familiar ...

Oil prices fell on Monday, reversing course from strong initial gains, as news of fresh diplomatic efforts to resolve the Ukraine crisis provided some relief from concerns about crude supply. ...

For more than a decade, Lebanon’s central bank charged commercial banks in the country commissions when they bought government securities without making clear that the bulk of those commissions ...

The euro rallied and the dollar retreated on Monday as investors pulled capital away from safe havens after US President Joe Biden and Russian President Vladimir Putin agreed in principle ...

British carmaker Lotus is planning a multibillion-pound flotation and the company is speaking to prospective investors, The Times reported, without citing the source of the information. Lotus is moving to ...

The contribution in the acquisition of an immovable property is adjusted to its value at the time of the separation Property relations between spouses vary from case to case depending ...

Following the bad management of the Cyprus economy, which led to the eocnomic crisis, the initial response from politicians (who of course are primarily themselves to blame) was lukewarm when ...

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, has entered a collaborative initiative with counterparts from 16 other EU member states seeking to attract technology industry employees to their ...

The United States and the United Arab Emirates are seeking an additional $4 billion of global investment in an initiative launched last year to make agriculture resilient to climate change and ...

Spotify Inc (SPOT.N) deepened its investment in podcasting with the acquisitions of Podsights and Chartable, two services that provide greater insights for advertisers and podcasting publishers, the Swedish company ...

Skiing in Lebanon has long been a luxury for the well-off, but the eastern Mediterranean country’s financial meltdown has thrown most people into poverty and made taking to the ...

US representatives Gus Bilirakis and Nicole Malliotakis have criticised the US government’s unilateral move to reverse its policy on the EastMed pipeline, noting that the US State Department seems ...

Technology that merges the virtual and physical worlds could start to become a reality for consumers in a few years, Facebook owner Meta Platforms Inc (FB.O) has told advertising ...

The United Arab Emirates’ plans for a corporate tax risk eroding one of its main attractions as the Gulf’s premier destination for foreign firms, at a time when Saudi ...

Singapore will begin implementing a long-flagged increase to its goods and services tax next year, its finance minister said in his budget speech on Friday, while also announcing a slew ...

Intel Corp’s latest focus on making chips to meet rising demand will give Advanced Micro Devices Inc (AMD.O), its biggest rival in the server and PC market, a ...

Cyprus’ representation at the Egypt Petroleum Show (EGYPS) in Cairo, which concluded on Wednesday, was a success, national promotion agency Invest Cyprus said on Friday. The agency said that Cyprus’ ...

The Cypriot government and the country’s public service are accelerating the reform of public resource management, the first phase of which is expected to take effect in 2023, Finance Minister ...

By Maria Demertzis The Maastricht treaty, signed thirty years ago this year, committed European Union countries to the greatest step in integration they’d so far taken. It established European ...

Revenues from tourism amounted to €1.46 billion in the period between January and November of 2021, a report by the Cyprus Statistical Service (Cystat) released on Friday revealed. The revenue reported reflects ...