#business

The number of Management Companies and Undertakings of Collective Investments (UCIs) in Cyprus stood at 323 during the third quarter of 2024, according to the Cyprus Securities and Exchange Commission (CySEC). In ...

Hellenic Bank on Friday issued a warning to its customers to remain vigilant against phishing scams, following a resurgence of fraudulent activities targeting its clients. The bank said that fraudsters ...

A proposed law aims to tackle the issue of unlicensed hotels and tourist accommodations in Cyprus by offering a temporary operating licence for up to six years. Currently, just 12.69 per ...

The International Maritime Organisation (IMO) has officially opened its Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region in Alexandria, Egypt, a city with a deep ...

Building permits in Cyprus saw a significant drop in August 2024, with only 183 permits granted, compared to 450 in the same month in 2023, according to data from the Cyprus Statistical Service (Cystat). ...

The Cypriot real estate market remained stable in 2024, compared to the year before, reflecting the challenges faced by the sector, according to the Cyprus Real Estate Agents Registration Council. In ...

Norway’s central bank held its policy interest rate unchanged at a 17-year high of 4.50 per cent on Thursday, as unanimously expected by analysts in a Reuters poll, and maintained ...

South Korea’s Hyundai Motor (005380.KS) said on Thursday it is in talks with General Motors (GM.N) to supply commercial electric vehicles to its US peer, as it expects ...

Tesla (TSLA.O) will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with prices of Model 3 going up by as much ...

Associated British Foods (ABF.L) downgraded the annual sales guidance for its Primark budget clothing business on Thursday after disappointing results in the Christmas quarter in its main UK and ...

The government said Thursday that sometime over the next few weeks it will unveil a ‘strategic plan’ for attracting foreign investment to Cyprus, while also asking local businesspeople and industrialists ...

Puma (PUMG.DE) shares fell by 16 per cent as the market opened on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a decline in annual ...

The Cypriot real estate market remained stable in 2024, compared to the year before, reflecting the challenges faced by the sector, according to the Cyprus Real Estate Agents Registration Council. In ...

Despite a significant shift towards environmentally friendly cars in 2024, interest in Cyprus’ eco-friendly vehicle scheme appears to have stalled, according to data on applications submitted thus far. The scheme, currently ...

CFA Society Cyprus on Thursday announced the signing of a Memorandum of Understanding (MoU) with the Cyprus Stock Exchange (CSE). According to the announcement, this partnership “marks a significant step ...

Newly appointed secretary general of the International Chamber of Shipping (ICS) Thomas Kazakos on Thursday met with president Nikos Christodoulides at the Presidential Palace. Following the meeting, Victoras Papadopoulos, director ...

Oil prices dipped in Asian trade on Thursday, extending losses amid uncertainty over how US President Donald Trump’s proposed tariffs and energy policies would impact global economic growth and ...

Athens will soon be the site of the Doers Summit 2025, a new event set to highlight the rising stars of Emerging Europe’s startup ecosystem. Scheduled for February, the summit ...

Samsung Electronics (005930.KS) on Wednesday unveiled its newest Galaxy S25 smartphones, powered by Qualcomm’s chips and Google’s artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and ...

The Russian economy has shown resilience during the three years of war in Ukraine and Western sanctions. However, as the war approaches its fourth year, the economy faces major challenges ...

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s deputy chief executive said, adding that could see freight ...

The latest target prices for shares of Greece’s major banks from leading international investment firms indicate a promising outlook for investors, according to a report from Stockwatch. Despite significant ...

Eurobank Holdings has successfully completed the issuance of Tier 2 subordinated bonds worth €400 million, attracting robust demand that reached €2 billion, according to an announcement released on Wednesday. Alongside the bond issue, ...

Britain ran a bigger-than-expected budget deficit in December, swelled by debt interest costs and a one-off purchase of military homes, according to official data that underlined the fiscal pressure faced ...