#business

President of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides on Thursday called on tourism professionals to promote peace through high-quality services. He also encouraged tourism sector stakeholders to present Cyprus ...

The Startup World Cup Nicosia Finals 2024 concluded this week, with DISPL, a Cyprus-based startup leveraging AI technology for real-time offline marketing automation, taking home the top prize. The event, which ...

The Business Society Accelerator (BSA) recently hosted a fireside chat titled “Pioneering Success: Business and Beyond,” featuring biotech entrepreneur Marianna Prokopi-Demetriades. The event, organised in collaboration with RSEVEN, Theramir, RSL ...

The European Researchers’ Night, the largest annual celebration of science, research, and innovation, opens on Friday, September 27, at the State Fair in Nicosia. The event will run from 8:30 am to 10 ...

The Paphos Regional Tourism Board (Etap) has announced the return of free tours to the Akamas communities for the next three months, aiming to highlight points of interest and boost ...

Cyprus and the Netherlands have completed discussions for the signing of a double tax treaty in relation to Curacao, it emerged this week. “We have today finalised the agreement between ...

Cyprus and China are signing on Thursday an inter-state agreement in the aviation sector aimed at liberalising flights between the two countries. The deal, to be signed in Nicosia, seeks ...

Lending criteria for Cypriot businesses became stricter in the second quarter of 2024, according to a report released on Wednesday by the Central Bank of Cyprus (CBC). The report explained that ...

The Federal Reserve’s aggressive start of the easing cycle has rekindled inflation worries in the US bond market, as some investors fear looser financial conditions could re-ignite price pressures. ...

French telecom operator Orange (ORAN.PA) announced this week its intention to delist its shares from the New York Stock Exchange (NYSE), citing the financial cost of the secondary listing. “...

Turkish households’ expectations for annual inflation 12 months ahead stood at 71.6 per cent in September, the central bank said on Wednesday, down 1.5 points from a month earlier. Market participants’ expectations for ...

Lending criteria for Cypriot businesses became stricter in the second quarter of 2024, according to a report released on Wednesday by the Central Bank of Cyprus (CBC). The report explained that ...

Artificial Intelligence (AI) is transforming workplaces in Cyprus today, offering higher salaries and more opportunities, according to chief scientist Demetris Skourides. “Studies have shown that, even in emerging markets, automating ...

Cyprus’ Ministry of Energy, Commerce, and Industry recently showcased the country’s business potential at the 11th China International Fair for Trade in Services (CIFTIS). The participation at the fair, ...

Oil prices fell on Wednesday as investors reassessed the ability of China’s stimulus plans to boost the economy enough to drive more fuel demand growth in the world’s ...

Germany’s leading economic institutes have downgraded their forecast for 2024 and now see Europe’s largest economy shrinking by 0.1 per cent, people familiar with the figures from the autumn joint ...

Cyprus will dispatch a business delegation to Slovakia and the Czech Republic to boost ties and foster collaborations across several sectors, according to an announcement released on Wednesday. These sectors ...

Illegal real estate agents continue to defraud unsuspecting buyers and tenants, extending their reach into occupied territories, according to the Cyprus Real Estate Agents Registration Council. However, council president Marinos ...

Toyota Motor (7203.T) on Tuesday increased its share buyback plan through April 30 to up to 1.2 trillion yen ($8.31 billion) from 1 trillion yen in view of the latest share price. Toyota had ...

British businesses reported a slowdown in growth this month as some firms feared higher taxes, according to a survey that also showed waning price pressures, potentially encouraging the Bank of ...

British manufacturers reported the fastest fall in export demand this month since December 2020, just before Britain left the European Union’s single market, the Confederation of British Industry said this ...

Greece’s bank bailout fund HFSF will start the process to sell a stake of up to 12 per cent in National Bank of Greece (NBGr.AT) early next week, two ...

The Cyprus Quality Association, a member of the Cyprus Employers and Industrialists Federation (Oev), on Tuesday announced the launch of the Cyprus Quality Leader 2025 competition, now in its twelfth consecutive ...

Cyprus’ Composite Leading Economic Index (CCLEI) experienced a mild acceleration in August, recording a year-on-year increase of 0.8 per cent. This follows year-on-year increases of 0.5 per cent and 0.4 per cent in ...