#business

IBM (IBM.N) has won a London lawsuit against US tech entrepreneur and philanthropist John Moores’ company LzLabs, which the IT giant accused of stealing trade secrets. IBM sued Switzerland-based ...

Deputy Minister of Tourism Kostas Koumis has held consecutive meetings with the ambassadors of Egypt and Qatar in Cyprus to discuss strengthening tourism cooperation between the countries. According to a ...

The Cyprus Employers and Industrialists Federation (Oev) announced on Friday that George Pantelides, head partner at Deloitte and current deputy president of the federation, will assume the role of president ...

Cyprus’ wholesale trade sector recorded a slight increase of 0.4 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to a report released by the Cyprus ...

Analysts covering the Bank of Cyprus have significantly raised their price targets following the release of the bank’s preliminary financial results for 2024. According to a report from Stockwatch, all ...

Cyprus’ newly proposed national hydrogen strategy has been put forward for consultation, aiming to align the country with the European Union’s broader hydrogen goals. However, according to energy professor ...

The professional services sector remains one of the key pillars of the Cypriot economy, significantly contributing to its growth. Limassol has emerged as the main hub for financial, legal, and ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday released a statement detailing its actions for this year’s Global Money Week 2025 (GMW 2025). According to the announcement, these include a ...

The Women’s International Shipping and Trading Association (WISTA) is set to host its mid-term meeting in India. Scheduled for April 9, 2025, in Mumbai, the meeting is part of the International ...

In the creatively charged atmosphere of Limassol-based Blackbook Agency’s headquarters, where each corner tells a story of innovation and bold vision, we caught up with founder and managing director ...

Tourism Deputy Minister Kostas Koumis this week announced a record-setting year for Cyprus’ tourism sector, with over 4 million visitors and revenues exceeding €3 billion. This growth has been fueled by a 6 ...

Global passenger demand experienced a robust increase in January, according to the International Air Transport Association (IATA). Total demand, measured in revenue passenger kilometres (RPK), rose by 10 per cent compared ...

Alpha Bank’s senior leadership met with state officials and key business figures in Cyprus this week, in order to outline its growth strategy and expansion plans. According to an ...

Turkey expects to spend an additional 50.4 billion lira ($1.38 billion) on higher retirees’ allowances and maternity benefits this year, an impact analysis report showed on Thursday. A bill submitted to a ...

Spotify (SPOT.N) has announced that it paid $10 billion in royalties in 2024, the largest payout to the music industry in a single year. Nearly 1,500 artists earned over $1 million in royalties ...

Cooler inflation could allow Federal Reserve policymakers to resume interest-rate cuts later this year, with traders betting on three quarter-point reductions in the policy rate by the end of 2025, starting ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data has shown. Kazakhstan has persistently exceeded its ...

DP World, a Dubai-owned ports and logistics company, reported a 28 per cent fall in annual profit on Thursday, partly due to higher finance costs, and highlighted that global trade uncertainties ...

Cyprus-based mobile gaming platform Skich has officially launched Skich Store, an alternative app marketplace designed to enhance game discovery and distribution for mobile gamers. Built specifically to cater to players’ ...

The total amount of loans held by credit acquisition companies in Cyprus stood at €20.3 billion at the end of 2024, down from €21 billion at the end of the first half of ...

What makes a business successful? Smart investments, the right partners, and knowing where the best opportunities are.   That’s exactly what InvestPro Cyprus Limassol 2025 is all about. Taking place in ...

A new issuance of Cyprus Treasury Bills (T-bills) will take place on Monday, March 17, 2025. The 13-week T-bills, maturing on June 20, 2025, are expected to attract strong demand once again, following recent ...

Cyprus’ real estate market continued its robust growth into February, with property sales increasing by 7 per cent year-on-year. Developments in Limassol and Larnaca were the primary driver behind this surge. ...

The Cyprus Hoteliers Association (Pasyxe) has expressed optimism about the upcoming tourism season, particularly due to an increase in bookings from Germany and Poland. Preliminary data from the association indicates ...