#business

The Central Bank of Cyprus (CBC) this week announced an ambitious transformation plan under its newly released strategy for 2025-2026. This initiative, outlined in a 13-page document, aims to create ...

Cyprus-based TheSoul Publishing has announced its acquisition of a majority stake in Mediacube, a certified partner of YouTube and Meta that provides fintech solutions to nearly ten thousand creators across 132 ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday highlighted the importance of taking a forward-looking approach to assessing individual risks, combined with a thorough analysis of the prevailing ...

With any other president, promises of less regulation and lower corporate taxes would have Wall Street’s deal machine salivating at the prospect of a feeding frenzy. Not so with ...

Big-name retailers such as Walmart (WMT.N) are increasingly using analytics to blunt the impact of one of the most unpredictable performance variables of shopping: weather. Weather data, once used ...

The savings rate in Cyprus has experienced a decrease, according to preliminary estimates of key macroeconomic indicators from the national accounts for 2023. According to the data, the gross disposable income ...

The Hotel Professionals of Cyprus (Pasydixe) on Monday appointed Polis Kallis as its first general manager, according to an official announcement. The announcement explained that the new role is aimed ...

Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday highlighted the importance of taking a forward-looking approach to assessing individual risks, combined with a thorough analysis of the prevailing ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that it has suspended trading of shares for Toxotis Investments Public Ltd on the Cyprus Stock Exchange (CSE). According to an ...

Cyprus and Egypt are set to deepen maritime collaboration through a joint commission, established during Deputy Shipping Minister Marina Hadjimanolis’ recent visit to the country. The October 29 to 31 visit, made ...

Deputy Tourism Minister Kostas Koumis will lead a delegation to London on November 5-7 for the World Travel Market (WTM), according to an official announcement. The objective of participating in ...

Networking has always acted as a catalyst for growing and developing businesses, but networking methods and quality have evolved over the past decades. The changing of the times has practically ...

The rise of online shopping has led to swathes of store closures, casting doubt over the future of retail malls and high streets, but in Europe there are signs that ...

By Austin Kay As the world races to meet net-zero targets, emissions from all industrial sectors must be reduced more urgently than ever. Agriculture is an important area of focus ...

The European Union will invest 1.4 billion euros ($1.5 billion)next year to support the region’s deep tech research sector, as Europe aims to try and keep up with world leaders ...

Here are the top business stories in Cyprus from the week starting October 28: Financial support and advisory services are essential for Cyprus’ small and medium-sized enterprises (SMEs) to enhance resource ...

By Simone Tagliapietra and Cecilia Trasi  It has become clear that the European Union’s pursuit of a triple goal of decarbonisation, competitiveness and security requires better integration of the ...

Shares of online ad sellers surged earlier this week as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands ahead of the crucial holiday shopping season. ...

At one of the world’s biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another last month, a key ...

Brazil’s Collective Defense Institute, a consumer rights group, has filed two lawsuits demanding 3 billion reais ($525.27 million) from the Brazilian units of TikTok, Kwai and Meta Platforms (META.O) for ...

The Retail Trade Turnover Value Index in Cyprus saw a 3.1 per cent increase in September 2024 compared to the same month in 2023, according to a report from the Cyprus Statistical Service. ...

By Charles Ellinas Eurostat has just published its report on EU electricity price statistics for the first half of 2024. A subject close to the heart of long-suffering Cypriot electricity consumers. ...

Cypriot residents spent a total of €2.23 billion on travel both within Cyprus and abroad in 2023, according to a report by the Cyprus Statistical Service. In addition, a total of 484,365 residents ...

Third-quarter net revenues for Prada (1913.F) rose 17.7 per cent at constant exchange rates, driven by double-digit retail sales growth in Asia and Europe and by the doubling of sales at ...