#business

Cyprus’ tourism revenue amounted to €74.3 million in December 2023, compared to €57.6m in the corresponding month of the previous year, marking an increase of 29 per cent, according to a report released ...

Cyprus’ general government recorded a surplus of €876.3 million during the entirety of 2023, according to the preliminary financial results released on Thursday by the Cyprus Statistical Service (Cystat). In terms of ...

The Cyprus Real Estate Agents Registration Council on Thursday announced that it successfully conducted a training seminar on February 28, in collaboration with the Tax Department. According to the announcement, the ...

The Central Bank of Cyprus (CBC) and the Bank of Greece are set to sign a Memorandum of Cooperation, formalising collaboration in specific areas such as resilience exercises, as well ...

Limassol’s annual carnival is a celebrated event that adds vibrancy and excitement to the city. It has become a significant part of the local culture, drawing participants and visitors ...

The Minister of Finance, Makis Keravnos, and the Deputy Minister of Research, Innovation, and Digital Policy, Nikodemos Damianou, met at the Ministry of Finance this week to discuss effective collaboration ...

The Cyprus Securities and Exchange Commission (CySEC) this week held an event with the Hellenic Capital Market Commission (HCMC), during which they discussed the challenges facing European markets. The event, ...

The European Central Bank will continue putting a “floor” under market interest rates in the years to come, but banks will play a greater role in deciding how much liquidity ...

Energean, a prominent gas-focused independent exploration and production company operating in the Mediterranean and UK North Sea, on Thursday announced that it has achieved the first gas from Karish North, ...

The Cyprus Research and Innovation Centre (CyRIC) this week announced that it is spearheading the EU-funded dAIry 4.0 project, focusing on advanced artificial intelligence (AI) and data solutions for individualised automated ...

Hellenic Bank on Thursday announced the launch of a specialised account designed for individuals aged 18 to 25, acknowledging the specific financial needs of the youth. The bank explained that the account, ...

In a strategic collaboration with the Ministry of Energy, Commerce, and Industry, the Cyprus Chamber of Commerce and Industry (Keve) is set to host a presentation on a funding scheme ...

American Airlines (AAL.O) is nearing a deal for about 100 narrowbody jets split between Airbus SE (AIR.PA) and Boeing (BA.N), with the European planemaker likely to win a ...

The US economy grew at a solid clip in the fourth quarter amid strong consumer spending, the government confirmed on Wednesday, but it appears to have lost some speed early ...

Britain’s market regulator plans to announce corporate investigations earlier, publish updates and close inquiries more quickly in an effort to prioritise cases with the most impact and reassure the ...

The Treasury on Wednesday announced that the rate of implementation of the development costs of the state budget in January 2024 stands at 1 per cent, equivalent to €17.86 million, remaining consistent with ...

Industrial production in Cyprus witnessed an increase of 2.4 per cent in 2023 compared to the previous year, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). Cyprus’ ...

The Vice President of the European Investment Bank (EIB), Kyriakos Kakouris, is set to embark on an official visit to Cyprus on Thursday and Friday. The visit, according to an ...

Energy Minister George Papanastasiou, who is attending the Investopia 2024 conference is in Abu Dhabi, will take part in a discussion on “Strategic Priorities in a Shifting Global Landscape: A Policy ...

British employers advertised the fewest jobs in nearly three years last month, with numbers down 15 per cent from a year ago, figures from recruitment data company Adzuna showed on Monday, ...

European banks are set to hand investors a record 120 billion euros ($130 billion) in dividends and share buybacks this year, analysts say, returning more of the profits reaped from a period ...

Alkis H. Hadjikyriakos Public Ltd, which makes the Frou Frou brand biscuits has announced increases in the prices of its products containing chocolate by 20 to 30 per cent. The higher prices ...

Franco-Italian automaker Stellantis (STLAM.MI) said on Monday it had reached a multi-billion-euro frame agreement with leasing and fleet management company Ayvens to sell up to 500,000 vehicles across Europe over ...

Britain’s code of good practice for asset managers will undergo a root-and-branch review to aid economic growth and international competitiveness, its compiler said on Tuesday, in a move that ...