#business

The study will take into consideration the salaries of 40,000 employees in Cyprus The Cyprus Statistical Service (Cystat) this week announced that it has commenced its research on earnings for the ...

The Turkish central bank’s net forex reserves dropped into negative territory for the first time since 2002, standing at $-151.3 million on May 19, official data showed on Thursday, as it ...

European Union authorities should curb leveraged bets on crypto assets by introducing limits for investment funds, exchanges and other firms to stop shocks in that industry from jeopardising financial stability ...

Junior Achievement Cyprus (JA Cyprus) is set to host the highly anticipated Finale and Awards Ceremony of the “JA StartUp 2023” programme, according to an announcement recently released by the organisation. ...

The Turkish lira weakened to a record low of 20 against the dollar on Friday, ahead of this weekend’s presidential election runoff which will decide whether President Tayyip Erdogan extends ...

As the United States stares at the risk of a credit downgrade, former Standard & Poor’s officials stood firm behind their seminal 2011 call to slash the country’s rating ...

Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine war, that it will withdraw certification of 21 of ...

Brussels has agreed with Pfizer (PFE.N) and BioNTech (22UAy.DE) to amend a COVID-19 vaccine contract, cutting the number the EU must buy and pushing the delivery deadline to 2026, ...

A US government default would trigger an initial pull-back from crypto currencies followed by a “push upward” the CEO of London-based crypto firm Blockchain.com said on Thursday. The US ...

The Cyprus Mail sat down with financial markets veteran Matteo Paganini to discuss the pursuit of revenue growth, the current economic climate, and the evolution of Cyprus as a business ...

Non-profit organisation TechIsland this week announced the launch of “Startup School,” an innovative workshop series designed to empower startups in Cyprus. “This groundbreaking initiative, powered by Zubr Capital, a renowned ...

In a concerted effort to support initiatives aimed at protecting the marine environment, Kition Ocean Port and Kition Ocean Marina announced this week they have become members of the Cyprus ...

In line with the upward trend in global central bank interest rates driven by high inflation, domestic bond yields issued by the Republic of Cyprus have continued their upward trajectory. ...

The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby entering recession, data from the statistics office showed on Thursday. Gross domestic product fell ...

Junior Achievement Cyprus, a member of the world’s largest non-profit organisation dedicated to educating students on entrepreneurship, this week announced that in collaboration with Metlife, will organise a trade ...

Norwegian authorities should move to establish a national regulatory framework for cryptoassets and not wait for European legislation to come into effect, Norway’s central bank said on Thursday. “An ...

Rivalry with China, fallout from Russia’s war in Ukraine and wrangling once again in Washington over the US debt ceiling have put the dollar’s status as the world’...

Millions of British households will see cheaper energy bills from July after regulator Ofgem slashed its cap on prices following a slump in wholesale energy costs. The news will come ...

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s more traditional export routes, Russian customs records show. The ...

The highly anticipated Best Invest Congress is set to take place on May 29-30 at the Parklane Hotel in Limassol, bringing together experts and stakeholders from the local business and ...

European University Cyprus this week announced that in collaboration with the International Union of Tourism Policy and Middlesex University, will be holding an international tourism conference in Cyprus. The conference, ...

The Cyprus Composite Leading Economic Index (CCLEI) maintained a positive growth rate in April 2023, bolstering economic forecasts, according to a report released on Wednesday by the Centre of Economic Research ...

There was an increase of more than half a billion euros in terms of the assets belonging to investment organisations in Cyprus in March 2023, compared to December 2022, according to a ...

Cypriot telecommunications company Cyta this week officially announced its collaboration with ABS, a prominent international satellite provider. According to the announcement, the partnership aims to support ABS’s satellite navigation ...