#business

OkSeven content-licensing sellers of music, image, video and other datasets for use in training artificial intelligence systems have formed the sector’s first trade group, they said this week. The ...

A union representing Hollywood film and television crew said on Tuesday it has reached a tentative three-year deal with major studios that includes agreed-on pay hikes and guardrails against the ...

A delegation from the International Monetary Fund (IMF) on Friday held informal discussions with members of the House Finance Committee during their technical assistance mission to Cyprus. The visit was ...

Maritime firm Prevention at Sea, based in Cyprus, has recently been honoured with a feature in the GreenTech and Decarbonisation category on the newly updated Global Maritime Tech Startup Map ...

Seven innovative Cypriot small and medium-sized enterprises (SMEs), members of the Cyprus Association of Research & Innovation Enterprises (CARIE), part of the Cyprus Chamber of Commerce and Industry (Keve), participated ...

Eurobank has been awarded a prestigious distinction in the field of post-custodial services, being named “Best Sub-Custodian Bank 2024” in Cyprus and Greece by the esteemed Global Finance magazine. This accolade ...

State-owned asset management company Kedipes announced on Friday that a €60 million cash payment was made on June 26, as previously mentioned in the company’s most recent operational management progress report ...

Richa Tandon is a name synonymous with innovation in the realm of soft skills training. Skill Boosters caters to the diverse needs of children by integrating components like emotional intelligence ...

Industrial production in Cyprus recorded an 8.2 per cent increase year-on-year during April 2024, according to a report released this week by the Cyprus Statistical Service (Cystat). The Industrial Production Index for ...

The economic climate in Cyprus improved slightly in June, with the Economic Sentiment Indicator (ESI) rising by 0.6 points compared to May 2024, according to a report released this week by the ...

With third country nationals receiving their work permits earlier through expedited procedures, the tourism industry is fully staffed and ready for the summer wave of tourists. Labour Minister Yiannis Panayiotou ...

Demetra Holdings’ annual general meeting on Thursday saw chairman George Kourris reaffirming the company’s significant position in Hellenic Bank, describing it as a strategic choice amidst ongoing financial successes. ...

Deposits and loans in the Cypriot financial system both experienced an increase in May of this year, according to a report released this week by the Central Bank of Cyprus (...

Total oil product sales in Cyprus saw a marginal year-on-year decrease of 0.2 per cent in May, while sales during the first months of the year are up compared to 2023, according ...

Tatiana Der Avedissian is a name you might not yet know, but you certainly should. Tatiana is making waves – literally and figuratively—in the world of sustainability and business development. ...

The Research and Innovation Foundation (RIF) on Thursday announced a new funding programme entitled ‘Commercial Proof of Concept – Energy’, which boasts a budget of €1.6 million to accelerate innovation in the ...

Workers are increasingly embracing artificial intelligence (AI) and prioritising skills growth amidst rising workloads and an accelerating pace of change, according to the results of a survey shared by consulting ...

Tech, talk, and transformation: Artemis Pnevmatikou strategy for success. ‘Pushing for change isn’t just necessary; it’s inevitable if we want to keep moving forward’. For young women tiptoeing ...

EMBIO Diagnostics, a Nicosia-based company at the forefront of diagnostic technologies, announced this week its acquisition of AG Catalytic Solutions, a firm specialising in the non-chemical treatment of ballast water. ...

Cyprus Energy Regulatory Authority (CERA) Chairman Andreas Poullikkas this week provided an analytical overview of the European Union’s strides towards establishing a robust hydrogen market by 2030. “The EU’s ...

June saw a muted start for the hotel industry in the Paphos district but has shown some improvement as the month progressed, according to the president of the Paphos Hoteliers ...

The Cyprus Securities and Exchange Commission (CySEC) on June 25 approved the publication of the Public Offer Document for the acquisition of up to 100 per cent of Hellenic Bank’s issued ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday released a consultation paper (CP-01-2024) inviting stakeholders to provide feedback on proposed fees and information requirements for entities falling under ...

The official inauguration of the European Investment Bank’s (EIB) new offices in Cyprus is set to take place this autumn, with EIB President Nadia Calvino scheduled to attend, Finance ...