#business

Cyprus’ Finance Minister Makis Keravnos met with the chairman of Greece’s Independent Power Transmission Operator (Ipto) Manousos Manousakis, according to an announcement released on Tuesday evening. The announcement said ...

The Cyprus Real Estate Agents Registration Council on Wednesday released an announcement stressing that it has intensified its efforts to combat the issue of illegal real estate brokering, resulting in 167 ...

Hellenic Bank supported the recently-held Capital Link Cyprus Shipping Forum The 7th Annual Capital Link Cyprus Shipping Forum, which took place in February, saw a number of optimistic messages being ...

One of Turkey’s mid-sized Mediterranean oil terminals – the Dortyol terminal – will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by ...

Egypt’s central bank said on Wednesday that it had hiked interest rates by 600 basis points at an unscheduled meeting and that it would allow the exchange rate to be ...

Cyprus’ Industrial Business Cycle Index for the month of December 2023 reached 180.1 units, with 2015 being the base year, marking a 0.3 per cent increase compared to December 2022. According to a report released ...

The year 2023 marked the highest annual inflows since the establishment of the state-owned asset management company Kedipes in 2018, according to statements made on Tuesday by chairman Lambros Papadopoulos. As of ...

Decisions on 60 per cent of corporate loans issued by Russia’s top lender Sberbank (SBER.MM) will be made using artificial intelligence (AI) by the end of this year, CEO ...

British consumer spending slid in February as bad weather kept shoppers at home, according to a survey on Tuesday that showed households remained cautious to spend in the face of ...

American Airlines (AAL.O) on Monday unveiled its biggest plane order since 2011, buying 260 new jets from Airbus (AIR.PA), Boeing (BA.N) and Embraer (EMBR3.SA) as it looks to ...

Britain’s government needs to do a better job of monitoring risks posed by its sales of bonds which have surged after a string of shocks to the economy, a ...

Meta Platforms-owned (META.O) Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com. The disruptions started ...

Two Cypriot companies were included in the recently released list of the 1,000 fastest-growing European businesses by the Financial Times, compiled in collaboration with the German data analysis firm Statista. Topping ...

Cyprus saw a decrease of 13.8 per cent in the number of registered unemployed individuals in February 2024, compared to the corresponding month of 2023, according to a report released by the Cyprus ...

In a bid to support the noble cause championed by the Toxotis Foundation, the Cyprus-France Business Association is set to host a Charity Gala Dinner on April 5, 2024, at the Four ...

As the summer season approaches, Cyprus airports are bustling with over 3,000 workers daily, employed by the numerous companies operating within the airport facilities, according to an announcement released on Tuesday ...

The year 2023 marked the highest annual inflows since the establishment of the state-owned asset management company Kedipes in 2018, according to statements made on Tuesday by chairman Lambros Papadopoulos. As of ...

Platres’ Forest Park Hotel has been sold to forex and CFD brokerage firm XM for over €10 million, with a major €15 million renovation expected to follow, according to reports released on ...

The Cyprus government aims to address labour market challenges by facilitating the recruitment of necessary workers from third countries, Labour Minister Yiannis Panayiotou said during a meeting with the Famagusta ...

The Central Bank of Cyprus (CBC) this week issued a new directive regarding the operation of the central registry of information for issuers of bounced cheques, aiming to refine existing ...

Deputy Minister of Tourism Kostas Koumis will be undertaking significant diplomatic engagements in Berlin as he leads the Cypriot delegation at the renowned ITB Berlin tourism exhibition, according to an ...

A stronger-than-expected US economy is buoying the dollar, frustrating investors who had bet the currency would wilt under a barrage of interest rate cuts that have yet to materialize. The ...

Sterling’s meandering performance against the dollar could get a jolt this week as Britain’s finance minister faces pressure to cut taxes, but with the gilt turmoil of September 2022 ...

Cyprus saw a substantial 47 per cent increase in the issuance of new loans during the first month of the year, according to a report released this week by the Central ...