#business

Cypriot real estate market analytics firm Ask Wire on Friday released a report on the ten most expensive property transactions completed in Cyprus during January 2024. The report also provided additional ...

Hellenic Bank on Friday released its preliminary group financial results for 2023, posting a full-year profit of €365.4 million, while profit for the fourth quarter alone stood at €124.8 million. Commenting on the ...

The Cyprus Chamber of Commerce and Industry (Keve) this week hosted a meeting with a number of foreign ambassadors, focusing on the symbiotic relationship between technology, innovation, and sustainable economic ...

Mercedes-Benz on Thursday toned down expectations on electric vehicle demand and said it will update its combustion engine lineup well into next decade, becoming the latest carmaker to flag a ...

The Central Bank of Cyprus (CBC) this week announced that it is once again accepting requests for the payment of reduced legal costs from individuals who have filed lawsuits against ...

Lloyds Banking Group’s (LLOY.L) full-year profit jumped by 57 per cent, it said on Thursday, despite Britain’s faltering economy and a 450 million pound ($571 million) charge for potential costs ...

Britain’s economy kept up its early 2024 momentum with a survey showing strong growth for services firms and business optimism at a two-year high, but inflation pressures are likely to ...

The Paphos Regional Tourism Board (Etap) this week met with the Department of Antiquities, where they examined various issues concerning the museums, monuments, and archaeological sites of the Paphos district. ...

The harmonised index of consumer prices in Cyprus (HICP) in January 2024 increased by 2.1 per cent compared to January 2023, according to a report released on Thursday by the Cyprus Statistical Service (...

The Employers and Industrialists Federation (Oev) this week released a statement welcoming the new support measures for Cypriot households, while at the same time expressing “hope for the prompt formulation ...

Cypriot Minister of Energy, Commerce, and Industry George Papanastasiou this week met with his Egyptian counterpart Tarek El Molla, engaging in discussions on bolstering energy collaboration between Cyprus and Egypt. ...

The Cabinet this week approved the establishment of an annual award for gender equality in Cyprus’ shipping sector, according to an announcement by the Deputy Ministry of Shipping. The announcement ...

The Cyprus Chamber of Commerce and Industry (Keve) this week released a statement expressing satisfaction with the newly announced government support measures, originally unveiled by President Nikos Christodoulides on Wednesday. ...

Vice Chairman of the Cyprus Securities and Exchange Commission (CySEC) George Karatzias on Thursday reaffirmed the commission’s support for the country’s collective investment sector, outlining a number of ...

Social media platform Reddit has struck a deal with Google (GOOGL.O) to make its content available for training the search engine giant’s artificial intelligence models, three people familiar ...

The Hotel Summit & Exhibition is set to mark its 45th edition on February 23, 2024, at the City of Dreams Mediterranean hotel in Limassol. The conference brings together industry leaders, hotel ...

The rapid rise of fast-fashion e-commerce retailers such as Shein and Temu is upending the global air cargo industry, as they increasingly vie for limited air-cargo space to woo consumers ...

The German government expects the economy to grow 0.2 per cent this year, far less than a previously forecast 1.3 per cent, as weak global demand, geopolitical uncertainty and persistently high inflation ...

For nearly a year, US natural gas producers have slammed the brakes on production as prices fall. But relentless output gains including from oil companies that pump gas as an ...

The World Bank warned that high borrowing costs have “changed dramatically” the need for developing nations to boost sluggish economic growth. The multilateral lender’s latest warning comes as international ...

Apple (AAPL.O) is rolling out an upgrade to its iMessage texting platform to defend against future encryption-breaking technologies. The new protocol, known as PQ3, is another sign that US ...

Cypriot Deputy Minister of Tourism Kostas Koumis this week emphasised the urgent need for support measures from the European Union (EU) for island tourist destinations, during his participation in the ...

Eurobank Cyprus on Wednesday announced that it recently organised a voluntary blood donation and bone marrow sampling event for its staff at the bank’s headquarters in Nicosia. The blood ...

The 7th Annual Capital Link Cyprus Shipping Forum is scheduled to take place next Tuesday, February 27, in Limassol, aiming to highlight the important role of Cyprus as a shipping, energy, ...