#BusinessPick

Cyprus saw a modest inflation increase of 1.8 per cent in February 2024, a development primarily driven by the services sector, according to a report released on Thursday by the Cyprus Statistical ...

Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points rate hike in a ...

The Cyprus Chamber of Commerce & Industry (Keve) announced on Thursday that it is set to host a seminar on “Managing Diversity and Conflict Negotiation”, in what is being described ...

The Paphos Regional Tourism Board (Etap), along with several hoteliers from the district, actively took part in the ITB Berlin International Tourism Exhibition from March 4 to March 7, 2024, according to an ...

Cyprus’ flagship technology event is returning to Limassol for the 7th time, with a string of new features and a brand-new location. Reflect Festival will take place on May 30-31 ...

Oil prices held steady on Thursday, holding onto overnight gains after upbeat Chinese trade data and after US data showed a smaller-than-expected rise in crude inventories and large draws in ...

Once hurt by crises and deflation, the euro is gaining popularity among central bank reserve managers thanks to a return to positive rates and geopolitics challenging king dollar’s appeal. ...

The Cyprus Real Estate Agents Registration Council on Wednesday released an announcement stressing that it has intensified its efforts to combat the issue of illegal real estate brokering, resulting in 167 ...

Israel raised a record $8 billion in its first international bond sale since the Oct. 7 Hamas attacks, with very high demand even after Moody’s gave Israel its first ever sovereign ...

Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business suffers from consumer boycotts linked ...

The Cyprus Computer Society (CCS) on Wednesday announced the Future Startup Founders programme launch, designed exclusively for aspiring female entrepreneurs. According to the announcement, this initiative falls under the Startup ...

The Great Britain-Cyprus Business Association held a conference on Tuesday evening which put the spotlight on Larnaca’s potential as a key investment destination. The event, titled “A Hidden Gem ...

Global passenger demand increased by 16.6 per cent in January, according to a report released on Wednesday by the International Air Transport Association (IATA), indicating a robust start for the year. “2024 ...

Hellenic Bank supported the recently-held Capital Link Cyprus Shipping Forum The 7th Annual Capital Link Cyprus Shipping Forum, which took place in February, saw a number of optimistic messages being ...

One of Turkey’s mid-sized Mediterranean oil terminals – the Dortyol terminal – will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by ...

Egypt’s central bank said on Wednesday that it had hiked interest rates by 600 basis points at an unscheduled meeting and that it would allow the exchange rate to be ...

Cyprus’ Industrial Business Cycle Index for the month of December 2023 reached 180.1 units, with 2015 being the base year, marking a 0.3 per cent increase compared to December 2022. According to a report released ...

The year 2023 marked the highest annual inflows since the establishment of the state-owned asset management company Kedipes in 2018, according to statements made on Tuesday by chairman Lambros Papadopoulos. As of ...

British consumer spending slid in February as bad weather kept shoppers at home, according to a survey on Tuesday that showed households remained cautious to spend in the face of ...

American Airlines (AAL.O) on Monday unveiled its biggest plane order since 2011, buying 260 new jets from Airbus (AIR.PA), Boeing (BA.N) and Embraer (EMBR3.SA) as it looks to ...

Britain’s government needs to do a better job of monitoring risks posed by its sales of bonds which have surged after a string of shocks to the economy, a ...

Swiss weapons exports fell by more than a quarter last year, the government said on Tuesday, with critics blaming the country’s neutral stance which has blocked the re-export of ...

Meta Platforms-owned (META.O) Facebook and Instagram were down for hundreds of thousands of users across the globe on Tuesday, according to outage tracking website Downdetector.com. The disruptions started ...

Two Cypriot companies were included in the recently released list of the 1,000 fastest-growing European businesses by the Financial Times, compiled in collaboration with the German data analysis firm Statista. Topping ...