#business

Cyprus’ Gross Domestic Product (GDP) is projected to rise by 2.9 per cent in 2024, according to the latest estimates released on Thursday by the Finance Ministry, which are valid up to ...

Cyprus witnessed a rise in consumer loan interest rates in March of this year, alongside a decrease in rates for housing loans, while household deposit rates saw an increase, according ...

The Cyprus Real Estate Agents Registration Council on Wednesday released a breakdown of property transactions and average values during the first quarter of 2024, according to property type, across all districts. ...

The European Central Bank can press ahead with interest rate cuts this year but needs to rethink how it forecasts inflation and sets policy based on these projections, Belgian policymaker ...

Google parent Alphabet (GOOGL.O) has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest ...

Cyprus has fallen to 51st place in digital competitiveness among 64 countries in 2023, marking a six-place drop compared to 2022, according to a report released on Wednesday by the Economics Research Centre (...

The Cyprus Statistical Service (Cystat) reported on Wednesday a considerable decrease in the number of registered unemployed for April 2024, reflecting a strengthening of the domestic labour market. According to the ...

The Cyprus Real Estate Agents Registration Council on Wednesday released a breakdown of property transactions and average values during the first quarter of 2024, according to property type, across all districts. ...

Bonuses are poised to recover on Wall Street this year, fueled by strong equity market gains and recovery in investment banking, according to financial services compensation firm Johnson Associates. Investment ...

The Cyprus Union of Shipowners (CUS) on Wednesday announced a €300,000 food donation to the people of Gaza, through the Republic of Cyprus’ Amalthea initiative. “The Cyprus Union of Shipowners decided ...

The Research and Innovation Foundation (Idek) on Wednesday released a statement disclosing the list of 61 companies where students will have the opportunity to apply for internships, lasting six weeks, between ...

The value of Cypriot bonds held by the Eurosystem remained steady at €6.76 billion at the end of April, as the European Central Bank (ECB) persists in its effort to deleverage ...

Group CFO praises Cyprus as “dynamic and thriving tech hub” Cyprus-headquartered Capital.com, a global trading platform and fintech group, this week announced that total client trading volumes exceeded $1.2 trillion ...

Hotel occupancy rates in Cyprus are expected to be lower during the upcoming summer, compared to the same period in 2023, according to the president of the hotelier’s association (Pasyxe) ...

The biggest collective owners of UK shares have warned the London Stock Exchange (LSEG.L) against weakening its listing rules and governance standards to help attract fresh business, a letter ...

British house prices edged 0.1 per cent higher in April to stand 1.1 per cent up on a year earlier, figures from mortgage lender Halifax showed on Tuesday, a slight pick-up from ...

A team from the Financial Action Task Force, an international crime watchdog that “grey-listed” Turkey in 2021, held meetings with Turkish authorities last week ahead of its highly-anticipated report on the ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday announced that it recently hosted a meeting with the Latvian Central Bank (Latvijas Banka) at the offices of the commission in ...

Deputy Minister of Research Nicodemos Damianou recently addressed two investment incentives launched at the Deputy Ministry of Research, Innovation and Digital Policy, acknowledging that there is room for improvement. These ...

Hotel occupancy rates in Cyprus are expected to be lower during the upcoming summer, compared to the same period in 2023, according to the president of the hotelier’s association (Pasyxe) ...

The Easter holiday season saw restaurants, bars and other venues across Cyprus suffer a 50 per cent decline in business activity, compared to the previous year, according to Neophytos Thrasyvoulou, president ...

Deputy Minister of Tourism Kostas Koumis is currently visiting the United Arab Emirates to attend the Arabian Travel Market tourism exhibition, which is taking place in Dubai. “Over the last ...

British services companies reported the strongest upswing in activity in almost a year during April, despite a new surge in cost pressures, according to a survey that pointed to a ...

Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said, driven by a shift to electric cars in China and the United States and a return to ...