#business

German exports fell more than expected in May, due to weak demand from China, the US and European countries, data from the federal statistics office showed this week. Exports fell ...

The Central Bank of Cyprus (CBC) presented the benefits of the planned digital euro at a press conference on Tuesday, while also providing details on the efforts being made behind ...

The Cyprus Statistical Service (CyStat) on Tuesday reported significant growth in the Industrial Production Index for Cyprus, highlighting key increases in employment and production value across various industrial sectors in 2022. ...

The Cyprus Securities and Exchange Commission (CySEC) announced on Tuesday that it has awarded a total of €1,000 in financial prizes as part of its annual student awards for the academic ...

Cyprus recorded the largest increase in housing transactions among EU countries in 2023, according to data released by the European Union’s statistical office (Eurostat). Eurostat reported that in 2023, the number ...

The Bank of Cyprus on Tuesday celebrated the graduation of the inaugural class from the BoC Academy, an initiative carried out in collaboration with the CIM Business School. Launched in 2023, ...

Global passenger demand in May 2024 increased by 10.7 per cent compared to the same month in 2023, according to the latest data from the International Air Transport Association (IATA). The overall demand, ...

The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report ...

Building permit issuance in Cyprus saw a rise of 8.3 per cent in the period from January to April 2024, compared to the corresponding period of the previous year, according to a ...

Skydance Media and Paramount Global (PARA.O) agreed to merge, the companies announced late on Sunday, scripting a new chapter for one of Hollywood’s oldest studios. The companies agreed ...

Cyprus has been recognised as a Strong Innovator in the European Innovation Scoreboard for the third consecutive year, according to an announcement released on Monday by the Deputy Ministry of ...

Building permit issuance in Cyprus saw a rise of 8.3 per cent in the period from January to April 2024, compared to the corresponding period of the previous year, according to a ...

The Cyprus Statistical Service (Cystat) announced on Monday that the total number of vehicle registrations from January to June 2024 increased by 19.2 per cent, reaching 26,250. This represents a significant rise from ...

Approximately 7,000 people in Cyprus work in forex, although the actual number may potentially be much higher than that, according to recently published research from TradeInformer, a business-to-business news and research ...

Hermes Airports, which manages and operates both the Larnaca and Paphos international airports, on Monday announced that it has received an award for its leadership and HR practices. According to ...

Cypriot tech-driven analytics firm Ask Wire on Monday released a comprehensive assessment of fire risk in the Larnaca District, highlighting the distribution of properties within various fire hazard zones. The ...

The pound traded at a three-week high against the euro on Monday, after Sunday’s election in France looked likely to result in a hung parliament that raises the risk ...

French shares fell, the risk premium of French bonds over German rose and the euro dipped on Monday, after elections left France facing a hung parliament and the prospect of ...

Oil prices slid on Monday after rising for four weeks, as the prospect of a ceasefire deal in Gaza eased geopolitical tensions in the Middle East, while investors assessed potential ...

Global shipments of augmented reality (AR) and virtual reality (VR) headsets experienced a significant decline of 67.4 per cent year over year in the first quarter of 2024, according to a report ...

The enterprise applications market experienced significant revenue growth in 2023 as artificial intelligence (AI), particularly generative AI (GenAI), began to transform the employee and customer experience of business software. According to ...

A US stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated ...

British fintech company Revolut made a record pretax profit of 438 million pounds ($553.81 million) in 2023 on strong user growth and soaring interest-related income, it said on Tuesday, as it looks to ...

Here are the top business stories in Cyprus from the week starting July 1: Energy Minister George Papanastasiou recently pointed out Egypt’s pivotal role as a key partner for Cyprus ...