#business

President of the Cyprus Hotel Association (Pasyxe) Thanos Michaelides this week raised concerns about a slowdown in summer bookings, indicating that 2024 may see a downturn compared to previous years. Michaelides ...

The Cyprus Property Developers Association (LBDA) marked its 40th anniversary this week, stating that during this time it has emerged as a “dynamic advocate and representative of the land and ...

Google parent Alphabet on Tuesday showed how it is building on artificial intelligence across its businesses, including a beefed-up Gemini chatbot and improvements to its prized search engine as it ...

The value of bounced cheques recorded in Cyprus reached €252,988 during the first four months of 2024, according to a report released this week by the Central Bank of Cyprus (CBC). These ...

Cyprus’ construction sector has shown significant growth, as evidenced by the increase in building permits issued by the municipal authorities and the district administration offices in the early months of 2024. ...

Oil company Chevron (CVX.N) was the most shorted US stock in April, overtaking long-standing top target Tesla (TSLA.O) as short-sellers up their bets on weaker energy prices, according ...

OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would switch to focus on projected demand for OPEC+ crude, reflecting that ...

British wages grew by more than expected, according to data published this week, but other figures suggested the labour market is losing some of its inflationary heat, keeping the Bank ...

Deputy Tourism Minister Kostas Koumis on Tuesday said that the total seat capacity airlines expect to offer for trips to Cyprus in the coming months will be similar to last ...

Cyprus’ construction sector has shown significant growth, as evidenced by the increase in building permits issued by the municipal authorities and the district administration offices in the early months of 2024. ...

Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank and the Best Investment Bank in Cyprus in its 2024 ...

If financial markets are right, interest rates won’t just stay high this year, but possibly forever. The return of inflation means ultra-low rates are history. And markets now reflect ...

Shipping Deputy Minister Marina Hadjimanolis is making an official visit to London to participate in the International Maritime Organisation’s (IMO) celebrations for the International Day for Women in Maritime, ...

The Cyprus Mail recently had a chat with Ilya Karpinskiy, a seasoned veteran in the gaming industry, both as a game creator and investor. During the interview, we discussed his ...

TechIsland, the foremost tech association in Cyprus, is gearing up for the much-anticipated fourth edition of its annual TechIsland Summit, according to an announcement released on Monday. Scheduled for May 30, ...

National investment promotion agency Invest Cyprus recently showcased the country’s business and investment credentials in the Middle East, while also highlighting that Cyprus can act as a gateway to ...

British employers expect to raise wages by 4 per cent over the coming 12 months, a similar rate to three months ago, according to an industry survey on Monday that suggested businesses ...

Turkey will rein in public spending and boost efficiency under a savings plan announced on Monday, launching only essential state investment projects in a fresh move to build confidence in ...

TechIsland, the foremost tech association in Cyprus, is gearing up for the much-anticipated fourth edition of its annual TechIsland Summit, according to an announcement released on Monday. Scheduled for May 30, ...

The total number of registered vehicles in Cyprus surged by 33.5 per cent during the period of January to April 2024, reaching 17,589, compared to 13,180 during the same period in 2023, according to a ...

Employment in the Cypriot government has seen a rise of 5.2 per cent, totalling 2,697 individuals, for the period of January to April 2024, when compared to the same period in 2023, averaging at 54,837 ...

Deputy Minister of Tourism Kostas Koumis has extolled the value of sports tourism, saying that it can have a multiplier effect on the local economy, after having noted the segment’...

German credit rating agency Scope has completed its periodic review of the Cypriot economy, opting not to issue a rating action, citing no significant changes that would impact the assessment ...

Meta Platforms (META.O), the parent company of Facebook and Instagram, said that it was expanding its suite of generative AI ads products to offer tools that can automatically create ...