#BusinessTop

Lending rates in Cyprus rose again in December 2022, with deposit rates also moving higher amid the European Central Bank’s normalisation of key interest rates, according to a report released ...

Cyprus’ net Foreign Direct Investment (FDI) position decreased further in 2021, with the dominant partner, both in terms of inward and outward FDI being Russia, according to a report released by ...

Cypriot airline TUS Airways announced on Wednesday a record number of passengers in 2022, with an increase of more than 1,100 per cent across the entire network compared to 2021. In its announcement, ...

The Cyprus University of Technology (Tepak) and the Open University of Cyprus on Tuesday announced that they have signed a cooperation agreement for the design and launch of a new ...

The outgoing government is handing over a healthy and robust economy, with prospects for further growth and development in the current years, Finance Minister Constantinos Petrides said during a presentation ...

Advisory and consulting firm PwC Cyprus on Monday released a report detailing the prevailing trends in terms of mergers and acquisitions across the world throughout the coming year. According to ...

At the Milton Brewery in eastern England, Richard Naisby’s warehouse is jammed full of pallets stacked high with sacks of malt, a key ingredient for his traditional cask beers. ...

Microprocessor giant Intel Corp (INTC.O) has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this ...

Compliance and data sovereignty are now considered to be strong factors in the way businesses and organisations make decisions about their digital and technology strategies, according to a survey conducted ...

The economic sentiment in Cyprus improved in January 2023, with the Economic Sentiment Index (ESI) increasing by 0.9 points compared to December 2022, according to a report released on Friday by the Centre ...

Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of ...

The Cyprus Securities and Exchange Commission (CySEC) this week released the findings of a study seeking to identify the behaviour and habits of European investors. particularly with the increased use ...

Could taxing idle properties be the answer to the market’s inability to meet demand? The city of Limassol could have an additional 8,000 apartments, with many swathes of land currently ...

The Paphos Chamber of Commerce and Industry (Evep) on Wednesday said that foreign investments in the district have exceeded €15 million in total. According to statements made by chamber secretary and ...

The company’s decision has given a vote of confidence to Cyprus’ efforts to establish itself as a European tech hub National investment agency Invest Cyprus on Wednesday released a ...

Britain’s manufacturers unexpectedly reduced their prices in December by the most since April 2020, welcome news for the Bank of England which is weighing up how much higher it needs ...

Younger employees don’t ascribe to traditional job descriptions, want more flexibility, and want organisations to match their own values. Deloitte Cyprus consulting services leader George Pantelides on Tuesday highlighted ...

The Cyprus Fiscal Council on Tuesday said that decisions in the vein of the foreclosure suspension ultimately exclude the most financially vulnerable social groups from being able to get a ...

European Central Bank policymakers laid out diverging views on future interest rate hikes on Monday, suggesting that moves beyond next week’s half a percentage point increase remain contentious. The ...

The economy will slow down in 2023 as interest rate hikes in tandem with high prices suppress consumer demand, the University of Cyprus’ Economics Research Centre has forecast. In its latest ‘...

As Europe strives to become the first climate-neutral continent by 2050, Turku and Dijon are among a group of cities seeking to reach this goal two decades earlier. By Gareth Willmer ...

Global cybersecurity spending, including enterprise products and services, is projected to increase by 13.2 per cent in 2023, remaining a key area of growth for various businesses in this sector, according to ...

The Cyprus Mail talked to Orestis Aristides, the director of Drakos DMC, about the company’s focus on golf on the island and how that sector is expected to grow ...

The Research and Innovation Foundation (Idek) on Friday announced that it will be allocating €10 million to innovative businesses as part of its DISRUPT programme, with the ultimate aim being to ...