#BusinessTop

Cyprus witnessed a historic record in the value of investment funds funnelled into the local economy at the end of June, reaching an astounding €2.9 billion, out of a total of €10.7 ...

By Souzana Psara Cloud computing is more than just a passing buzzword, it is a transformative force driving the digital revolution in Cyprus, entrepreneur driving technological innovation on the island ...

Here are the top business stories in Cyprus from the week starting October 9:   President Nikos Christodoulides highlighted the significant role of the shipping industry in Cyprus’ economy during his address ...

In a rapidly evolving global financial landscape, the role of financial institutions and fintech companies is more crucial than ever. One such company making waves in the industry is Admiral ...

Cyprus and Egypt are currently experiencing more immediate credit risks compared to other nations due to the Israel-Hamas conflict, according to a report by Germany-based ratings agency Scope Ratings. In ...

Russian crude oil producers are enjoying the cheapest costs to ship to refiners in China and India in almost a year thanks to a growing number of vessels plying the ...

Cyprus-based Yotam Werzansky-Orland, Esq., CEO of KWO Strategy Ltd., has earned his place among the world’s top 300 innovation and intellectual property (IP) strategists, as recognised by the prestigious annual ...

Cyprus’ tourism sector is jittery as concerns are mounting that the conflict in neighbouring Israel could see its second largest market dwindle. President Nikos Christodoulides held a meeting on Thursday ...

British airline easyJet (EZJ.L) said on Thursday it had reached a proposed deal with Airbus to expand its fleet by up to 257 additional aircraft, plotting its growth beyond 2028, with ...

Cyprus has reported a government surplus of €881.9 million, equivalent to 3.1 per cent of the Gross Domestic Product (GDP), according to preliminary fiscal results released by the state’s statistical service ...

The International Monetary Fund (IMF) has painted a positive picture of Cyprus’ fiscal outlook, predicting significant primary surpluses and a substantial reduction in public debt, expected to dip below the ...

Alpha Bank Cyprus on Wednesday announced that it has undergone a reorganisation of its management structure, combined with an expansion of its executive committee, according to a company statement. The ...

President of the Cyprus Union of Shipowners Andreas Hadjiyiannis this week discussed the critical juncture facing European shipping, noting that the sector is currently fighting against a number of challenges. ...

Oil prices eased on Tuesday after rallying more than 4 per cent in the previous session, with traders cautious as they watched for potential supply disruptions amid military clashes between Israel ...

The Cyprus property market is witnessing a downturn in the issuance of construction permits, with a simultaneous increase in the total value of authorised units. This trend is evident in ...

President Nikos Christodoulides highlighted the significant role of the shipping industry in Cyprus’ economy during his address on Monday at the opening of the international Maritime Cyprus 2023 conference held in ...

By Ioannis Tirkides  Europe’s fiscal rules were suspended in 2020 in the wake of the Covid crisis, the outbreak of war in Ukraine and the energy crisis it triggered. A ...

Here are the top business stories in Cyprus from the week starting October 2: The Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou on Friday used his keynote address ...

DP World Limassol, the port management company of Limassol port, is positioning itself as the ideal service centre for the region’s burgeoning oil and gas operations, according to CEO ...

The Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou on Friday used his keynote address at the 14th Limassol Economic Forum to provide insights into the economic outlook ...

Cyprus’ Deputy Minister of Tourism Kostas Koumis highlighted the importance of promoting the historical connection between Cyprus and France as the Kingdom of the Lusignans during his recent visit to ...

In the vibrant waters of the Eastern Mediterranean, the Cypriot shipping industry has long been a maritime powerhouse, both historically and in the modern era As we embark on a ...

By Kyriacos Nicolaou In this exclusive interview, Timur Turlov, a visionary leader and CEO, delves into his triumphant journey in the world of finance. It all began in 2008 amidst the ...

The Vice President of the European Central Bank (ECB) Luis de Guindos on Wednesday praised the notable improvement in Cyprus’ economy and its recent upgrade by two credit rating agencies ...