#BusinessTop

Port management company DP World Limassol on Thursday released a statement announcing that Simon Pitout has been appointed as the company’s new chief executive officer, effective from June 1, 2023. The ...

Russian designers and brands are helping the retail sector gradually recover from a turbulent 15 months of store closures and slumping demand, with new labels plugging the gap left by foreign ...

A total of 1,929 apartments and 864 houses were sold during the previous year Cypriot firm Ask Wire on Wednesday released a report detailing real estate sales, including houses and apartments, in ...

National flag carrier Cyprus Airways this week announced the launch of a new route between Larnaca and Preveza, which is set to begin on June 29 with two weekly flights. The ...

The euro zone’s top banks may take a hit if their financial clients, such as funds, insurers and clearing houses, withdrew their deposits or otherwise ran into trouble, the ...

Syprodat said that borrowers are willing to renegotiate their loans but are finding it difficult The Association for the Protection of Borrowers (Syprodat) this week said that the key to ...

The top policymaker picks of Turkey’s re-elected president Tayyip Erdogan are taking centre stage as markets try to gauge whether he will change course towards economic orthodoxy or double ...

By Maria Demertzis In its spring 2023 inflation forecasts, issued on May 15, the European Commission predicted that euro-area inflation this year will be 5.8 per cent, a little higher than anticipated in ...

Here are the top business stories in Cyprus from the week starting May 22: Talks between the government and US energy giant Chevron appeared to move in a positive direction on ...

The implementation of good practices, the application of technologies related to the decarbonisation of coastal cities and the improvement of the quality of life of residents were the focus of ...

As the United States stares at the risk of a credit downgrade, former Standard & Poor’s officials stood firm behind their seminal 2011 call to slash the country’s rating ...

The Cyprus Mail sat down with financial markets veteran Matteo Paganini to discuss the pursuit of revenue growth, the current economic climate, and the evolution of Cyprus as a business ...

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s more traditional export routes, Russian customs records show. The ...

European University Cyprus this week announced that in collaboration with the International Union of Tourism Policy and Middlesex University, will be holding an international tourism conference in Cyprus. The conference, ...

The Cyprus Chamber of Commerce and Industry (Keve) on Wednesday that it participated in a trilateral meeting on May 23, 2023, alongside the Turkish Cypriot Chamber of Commerce (KTTO), and the Special ...

The Cyprus University of Technology (Tepak) and the Chamber of Commerce of Famagusta this week announced that they will collaborate on the launch of a ‘free university’ initiative in Famagusta. ...

Lebanon is likely to be placed on a “grey list” of countries under special scrutiny over unsatisfactory practices to prevent money laundering and terrorism financing, three sources familiar with the ...

Property sales rose by 20 per cent between January and the middle of May, compared to the corresponding period of 2022, according to the head of the Department of Lands and Surveys ...

Meta (META.O) was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead privacy regulator in the European Union for its handling of user information and given five ...

By Elvire Fabry The accelerating pace of decarbonisation around the world is fuelling a heated race for critical minerals. Countries are looking to ensure access to specific components needed to ...

Below are the top business stories from Cyprus for the week starting May 15: Tourist arrivals in Cyprus experienced an increase of 18.5 per cent in April 2023, compared to the same period ...

Council for Registration of Real Estate Agents president Marinos Kineyirou this week urged any stakeholders in this space to invest in cybersecurity measures in order to not endanger both their ...

Cypriot firm Ask Wire on Friday released a report examining the age of buildings in the city and suburbs of Limassol, helping to outline the trajectory of residential development over ...

The vice-president of the Cyprus Chamber of Commerce and Industry (Keve), Andreas Demetriades, this week highlighted the concerning issue of soaring rental costs, which, in many cases, exceed the means ...