#BusinessTop

Ratings agency S&P Global this week announced a one-notch upgrade in the long-term credit rating of the Bank of Cyprus (BoC) to “BB” from “BB-,” with a positive ...

Cyprus’ Research and Innovation Foundation (RIF) on Thursday announced the launch of a new programme, aimed at introducing specialised, scientific talent to Cypriot businesses, with the ultimate objective being to ...

Limassol’s striking new business hub invites prospective moguls on an immersive experience, to explore its game-changing elevated workspaces Neocleous Tower is a modern, sustainable, office building in central Limassol, ...

Tesla (TSLA.O) is recalling just over 2 million vehicles in the United States fitted with its Autopilot advanced driver-assistance system to install new safeguards, after a federal safety regulator said ...

The Cypriot government is expected to spend approximately €18 million on airline and travel agency incentives for the entirety of 2023, after a recent approval by the House of Representatives, as part ...

The Paphos Regional Tourism Board (Etap) announced this week that it has approved its budget and action plan for 2024, with the decision having been taken during the most recent meeting ...

Cyprus witnessed a substantial increase in imports in the period from January to October 2023, rising by €1.23 billion when compared to the same period in 2022, according to a report released this ...

Cyprus National Cybersecurity Coordination Centre, in conjunction with the Research and Innovation Foundation (RIF), this week announced the launch of a new support scheme that aims to strengthen cybersecurity in ...

The Ministry of Finance on Monday announced that the Republic of Cyprus and France ratified an updated double tax treaty, first announced on Friday, in an effort to eradicate double ...

Research projects in Europe developed water-surface scanners and better hull designs to tackle shipping accidents. By Tom Cassauwers When one of the world’s largest container ships crashed into the ...

Here are the top business stories in Cyprus from the week starting December 4: National flag carrier Cyprus Airways on Wednesday announced the launch of direct flights between Larnaca and Brussels ...

Recent developments in the Cyprus real estate market have highlighted a significant shift in buyer interest toward the occupied territories, with pricing identified as a key driver, rather than the ...

In recent years, Cyprus has emerged as a promising destination for businesses seeking to innovate and thrive within the dynamic landscape of the European Union The island has not only ...

Since 2020, Ugne Buraciene has been the Group CEO at payabl., one of the leading PayTechs with roots in Cyprus and offices across Europe payabl.’s mission is to become the ...

Britain’s “big promises” to boost the financial sector’s post-Brexit global competitiveness have been a “damp squib”, with many of the changes yet to be implemented and none so ...

Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the US economy will enter a long-heralded recession and drag the ...

Central Bank of Cyprus Governor Constantinos Herodotou on Thursday addressed attendees at the 11th Banking Forum & Fintech EXPO, discussing the impact of technology on the financial sector. Held at ...

Wargaming is an international video game developer and publisher founded in 1998 and headquartered in Nicosia “We are a team of 3500+ talented professionals working from 16 different offices including Chicago, Prague, Shanghai, ...

Cyprus witnessed a contrasting trend in construction permits during the January to September 2023 period, with a reduction in the total number of licenses issued but a significant increase in their ...

National flag carrier Cyprus Airways on Wednesday announced the launch of direct flights between Larnaca and Brussels International Airport, in what is being described as a significant move to boost ...

The lending interest rate for home purchases hit 4.91 per cent in October 2023, according to the Central Bank of Cyprus’ (CBC) latest Monetary and Financial Statistics report. At the same time, ...

Cyprus’ dynamic research and innovation scene had a strong showing at this year’s SLUSH 2023, an innovation-driven startup event held in the heart of Helsinki every year. The event attracted ...

The European Central Bank can take further interest rate hikes off the table given a “remarkable” fall in inflation and policymakers should not guide for rates to remain steady through ...

European air travellers are experiencing airfares below the inflation rate as the aviation market stages a post-pandemic resurgence, the International Air Transport Association (IATA) recently said in an official announcement. ...