#business

Eurobank S.A. has announced that it now holds 55.3 per cent of the total issued share capital of Hellenic Bank. The bank revealed that it has submitted a Mandatory Public ...

The capital markets team of Elias Neocleous & Co LLC has successfully assisted Premier Energy PLC in relation to the initial public offering (IPO) and listing on the Bucharest Stock ...

Cyprus’ flagship tech & startup festival, Reflect Festival, returned to Limassol, welcoming 9,000 entrepreneurs, investors, and tech enthusiasts in an ambitious new venue. Reflect Festival successfully wrapped up another edition fueled ...

The Cyprus Chamber of Commerce & Industry (Keve) on Tuesday announced the completion of the works aiming to upgrade its headquarters in Nicosia into a green building. This initiative aligns ...

Bernhard Schulte Shipmanagement has announced the appointment of Bjoern Sprotte as Chief People and Sustainability Officer to the Management Board, effective from June 1, 2024. Based in Limassol, Cyprus, and reporting directly ...

The return on equity for the Cypriot banking system after taxes reached 24.6 per cent at the end of 2023, compared to just 4.8 per cent at the end of 2022, according to a ...

The Cypriot economy grew by 3.4 per cent in the first quarter of 2024 compared to the same period in 2023, with the construction sector showing the largest increase at 10.2 per cent, according ...

PwC Cyprus once again demonstrated its commitment to supporting Reflect Festival, one of the most prominent technology and startup conferences in the region, which took place on May 30-31 in ...

The volume and value of retail trade transactions in Cyprus saw a notable increase in April 2024 compared to the same month in 2023, according to a report released this week by ...

President of the Cyprus Real Estate Agents Registration Council Marinos Kineyirou on Monday called for stricter regulation of short-term rentals in Cyprus. The council president highlighted the adverse impacts on ...

The long-running downturn in eurozone manufacturing may have turned a corner last month, according to a survey which showed new orders declined at their slowest pace in two years, leading ...

Turkish factory activity contracted again in May as a slowdown in demand caused firms to scale back production and employment, a survey showed on Monday. The Purchasing Managers’ Index (PMI) ...

Cyprus is set to make a significant showing at the international shipping conference Posidonia 2024 in Athens, with around seventy companies participating in what is considered the largest maritime exhibition in ...

Cypriots are planning their summer holidays in record numbers, booking airline tickets and hotel beds with a fervour that could set a new high for outbound travel. According to tour ...

The Cyprus Mail’s SOUZANA PSARA recently attended Cyprus-based marketing agency CAPSBOLD’s presentation at Reflect Festival, where she chatted with PR Director Olga Loktionova about the future of marketing ...

This year’s TechIsland Summit once again embodied the spirit of collaboration, bringing together the tech industry, government, and other stakeholders to discuss and promote actionable ideas for Cyprus’ tech-driven ...

JetBrains reaffirmed its ongoing commitment to innovation and education in the software development field at the recently held TechIsland summit in Limassol. This commitment, which has been a cornerstone of ...

Cyprus’ Producer Price Index (PPI) in industry recorded a 3.8 per cent decrease in April 2024 compared to the same month in 2023, primarily due to reductions in the electricity supply sector, according ...

The world’s leading internet firms are engaging extensively with regulators in the European Union to ensure their artificial-intelligence products do not fall foul of the bloc’s strict data ...

Aircraft shortages are turning into a moneymaker for some airlines as the dearth of supply allows carriers to sell new planes to leasing companies at much higher prices than they ...

Toyota has showcased next-generation engines that can be used in cars as varied as hybrids and those running on biofuel, as it targets tougher emissions standards and doubles down on ...

More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that ...

China’s BYD (002594.SZ) launched this week the latest version of a plug-in hybrid technology that improves fuel and cost savings, intensifying competition with the likes of Toyota and Volkswagen ...

Here are the top business stories in Cyprus from the week starting May 27: At a recent Cyprus Sustainable Tourism Initiative (CSTI) event titled ‘Beach without Plastics,’ Deputy Minister of Tourism ...