#business

The Cyprus University of Technology (Tepak) and the Chamber of Commerce of Famagusta this week announced that they will collaborate on the launch of a ‘free university’ initiative in Famagusta. ...

The Cyprus Ministry of Agriculture, Rural Development, and Environment is implementing various initiatives to support beekeeping, aiming to improve the general conditions and trade of hive products, according to Minister ...

The Ministry of Energy, Commerce, and Industry on Tuesday announced that, in collaboration with the Cyprus Chamber of Commerce and Industry (Keve) and the state’s Trade Centre in Dubai, ...

The General Secretariat for European Affairs of the Ministry of Foreign Affairs coordinated a study visit of EU officials on Monday, with the aim of enhancing relations between the administrations ...

As investors try to assess the fallout on global brewing leader Anheuser-Busch InBev (ABI.BR) from a backlash against Bud Light, rival Heineken (HEIN.AS) is spending $100 million to promote ...

The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, will participate on Wednesday, May 24 2023, in the European Central Bank (ECB) Governing Council non-monetary policy meeting in Frankfurt. A ...

The International Monetary Fund no longer expects Britain’s economy to fall into a recession this year, it said on Monday as it upgraded forecasts published last month and warned ...

Lebanon is likely to be placed on a “grey list” of countries under special scrutiny over unsatisfactory practices to prevent money laundering and terrorism financing, three sources familiar with the ...

By George Sklavos The smooth transition to the digital age is one of the toughest challenges facing the banking sector in Cyprus. We are living in a time when everything ...

Property sales rose by 20 per cent between January and the middle of May, compared to the corresponding period of 2022, according to the head of the Department of Lands and Surveys ...

The course and prospects of the Cypriot economy, as well as issues pertaining to EU funds until 2027, took centre stage during a meeting between Finance Minister Makis Keravnos and European ...

The turmoil facing US regional banks has prompted some lenders to step back, leaving space for investors such as asset managers, private equity (PE) funds and insurers to lend more. ...

Ryanair (RYA.I) achieved close to record full-year profit in the year to March 31 and is cautiously optimistic that robust summer demand will ensure modest profit growth in the next 12 ...

Meta (META.O) was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five ...

By Gavin Maguire The US is hoping to play key leadership roles in an array of areas tied to the global energy transition, from developing corporate champions that drive emissions ...

A federal judge in Illinois has dismissed a lawsuit accusing Mondelez International Inc (MDLZ.O) of deceiving consumers into believing its Trident “Original Flavor” gum contained real mint. US District ...

India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have ...

The absence of women from the slate of potential Morgan Stanley (MS.N) CEO successors underscores the importance of cultivating and keeping diverse talent, corporate governance experts say. Morgan Stanley ...

Adidas will start selling some of the shoes from its defunct Yeezy partnership with rapper Kanye West at the end of May, the company said on Friday, and plans to ...

By Elvire Fabry The accelerating pace of decarbonisation around the world is fuelling a heated race for critical minerals. Countries are looking to ensure access to specific components needed to ...

Bosnia hopes that its geographic position will help it increase exports of its halal certified food products to European markets, where the number of Muslims has grown. The Balkan country, ...

The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation ...

Messenger service WhatsApp faces a maximum fine of 4 million roubles (51,500) after Russia accused it of failing to delete banned content, state-owned news agency RIA reported on Friday, citing a Moscow ...

Below are the top business stories from Cyprus for the week starting May 15: Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period ...