#BusinessTop

The Cyprus Borrowers Association (Syprodat) on Monday released a statement expressing its satisfaction with the official launch of the mortgage-to-rent scheme, which went into effect today. The scheme has already ...

Oil futures reversed course after rising briefly on Monday amid persistent pressure from the OPEC+ decision and uncertainty over global fuel demand growth, although the risk of supply disruptions from ...

Sensors, “smart” buoys and high-tech traps can make fisheries in Europe more sustainable and profitable. By Helen Massy-Beresford Professor Zigor Uriondo was so keen to make tuna fishing less polluting ...

Here are the top business stories in Cyprus from the week starting November 27: The government and Chevron have agreed on the terms for developing the ‘Aphrodite’ gas field in block 12 ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced that, in partnership with the Faculty of Economics and Management (FEM) at the University of Cyprus, it recently organised an ...

Real estate market sees €1.4 billion in property transfers, while sales documents hit €3.3 billion The Cyprus real estate market showcased remarkable resilience amid prevailing challenges, marking impressive achievements from January to ...

The leadership of the Cyprus Hoteliers Association (Pasyxe) had the opportunity to gather insights into contemporary challenges faced by the Greek hotel industry, as well as upcoming international trends and ...

The Cyprus general government has recorded a surplus of €918.9 million, representing 3.1 per cent of the Gross Domestic Product (GDP), for the period of January to October 2023, according to the preliminary ...

A debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’...

Cypriot startup accelerator ARIS (A Really Inspiring Space) this week announced the signing of a Memorandum of Understanding (MoU) with finance firm XM, resulting in the company becoming an official ...

The Nicosia district saw residential sales totalling €118.8 million during the third quarter of 2023, according to a report released on Wednesday by Cypriot firm Ask Wire. Ask Wire, a firm that ...

Oil edged higher on Wednesday as investors turned cautious ahead of a crucial OPEC+ meeting to decide output policy in the coming months, while a supply disruption caused by a ...

The Research and Innovation Foundation (RIF) this week announced two new sponsorship programmes aimed at bolstering the energy sector and facilitating the green transition in Cyprus. According to a press ...

CBC governor Constantinos Herodotou on Tuesday underscored the evolving European economy’s nuances and the impacts of prevailing monetary policies, during a conference hosted by the Central Bank of Cyprus ...

A top UK central banker on Tuesday emphasised that monetary policy would need to be “restrictive” for some time to defeat inflation, a message echoed by fellow policymakers from Australia ...

Scope, Europe’s first ECB-approved credit ratings agency, promises to put more weight on the euro zone’s improved ability to navigate crises although it has concerns about Italy and ...

Prime Minister Rishi Sunak announced 29.5 billion pounds of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting the country back to Europe’s ...

Personal support and user opinions are crucial to ensuring local transport systems become more widely accessible. By Jessica Berthereau When Inez Rastovac, who works for the Dutch municipality of Tilburg, ...

Here are the top business stories in Cyprus from the week starting November 20: Energy Minister George Papanastasiou on Monday opened this year’s Industry Week by reaffirming the government’s ...

Aristos Philis, a Limassol native, stands at the helm of Lemissoler Navigation Company’s Strategic Development department while simultaneously holding the positions of CEO and co-founder at KeelX. Philis is ...

Cypriot Deputy Minister of Tourism Kostas Koumis took part in the ‘Mediterranean Tourism Forum Minister’s Summit’ this week, calling for pragmatism in the implementation of climate change plans in ...

Nissan (7201.T) said on Friday it would pump 1.12 billion pounds ($1.4 billion) into its British plant to build electric versions of two models, offering a boost to the country’s auto ...

In the evolving landscape of educational solutions, I.G. Perfect eClass Limited, a Paphos-based startup, stands as a notable example of success, reflecting a commitment to innovation and resilience in ...

The European Commission this week projected a significant 30 per cent decrease in Cyprus’ public debt, as a percentage of its Gross Domestic Product (GDP), by the end of 2024. This projection ...