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.
Royal Jordanian Airlines on Monday announced that they are aiming to double their fleet over the next five years in order to increase tourist inflows into Jordan, with the latter ...
Cyprus Investment Promotion Agency, known as Invest Cyprus, on Monday announced that it successfully participated in the International Hospitality Investment Forum, which took place in Berlin on May 3-5.
This ...
Israel’s central bank said on Monday it had received public support for its plans to possibly issue a digital shekel on grounds it would help the economy by supporting ...
Fewer than a fifth of actively managed emerging market equity funds have cut their exposure to Russian stocks to zero, data from Copley Fund Research shows, with a number of ...
Bitcoin fell to its lowest level since January on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech ...
Already sitting on double-digit losses this year, stock market investors must brace for more, as the realisation sinks in that the US Federal Reserve intends to tighten financial conditions to ...
The dollar hit a two-decade high on Monday as investors searched for safety and yield in the face of growing concern over slowing global economic growth and rising interest rates.
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The bank employees union Etyk on Monday called on bank workers to strike over a proposal by Hellenic Bank to make half of its staff redundant as a former finance ...
Egyptian non-oil private sector activity contracted in April, continuing a 17-month deterioration as the Ukraine crisis added to price increases, a survey showed on Sunday.
The S&P Global ...
The need to secure new sources of metals for the energy transition amid sanctions on top producer Russia has increased the Africa risk appetite for major miners, who have few ...
By Nicolas Schmit and Margaritis Schinas
In these difficult times, the EU is committed to supporting people fleeing the war in Ukraine to integrate into the European labour market, should ...
Russia published a detailed list of goods from foreign carmakers, technology companies and consumer brands on Friday that the government has included in a so-called “parallel imports” scheme aimed at ...
Yiannis Misirlis spoke about the new trends in real estate at Economist’s London business summit
The sudden arrival of the pandemic has brought about radical changes in real estate ...
Russia’s Rosneft sold 700,000 tonnes of Urals oil loading from Baltic ports of Primorsk and Ust-Luga in May to Indian Oil Corp (IOC), the country’s top refiner, two traders ...
Elon Musk has won the backing of some of the world’s wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N).
From Oracle Corp’s (ORCL.N) co-founder ...
Almost half the shortfall in planned oil supply by OPEC and its allies is down to Nigeria and Angola, data seen by Reuters shows, reflecting a number of factors including ...
Facebook owner Meta Platforms Inc (FB.O) on Wednesday gave an early glimpse of its first physical store, which features a floor-to-ceiling screen for showing off games on its virtual ...
Britain’s Wetherspoon(JDW.L) expects to break even this year if there are no further COVID-19 restrictions, but a fresh warning from the pub group on Wednesday over “considerable” ...
Chelsea have confirmed Todd Boehly’s consortium has agreed terms to buy the Stamford Bridge club from Roman Abramovich in a £4.25billion deal.
Los Angeles Dodgers co-owner Boehly has won ...
Europe’s antitrust chief Margrethe Vestager, the architect of landmark rules to curb the power of US tech giants, called on Thursday for a global approach towards Big Tech to ...
Minister of Energy, Commerce and Industry Natasa Pilides on Thursday evening attended the launch of the Gen Y Innovation Network in London.
Gen Y was set up to act as ...
Cypriot authorities are expected to submit a formal request to the EU’s Directorate General for Competition for the implementation of the European Commission’s ‘mortgage to rent’ scheme in ...
A third of all real estate transactions in Nicosia during the first quarter of 2022 concerned apartments, according to a report by the Council for Registration of Real Estate Agents published ...
The global PC market, which includes tablet shipments, showed signs of resilience during the first quarter of 2022, despite a slight contraction, according to a report released this week by technology ...