#BusinessTop

Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires – 2022 has been perhaps the most turbulent year investors ...

FTX founder Sam Bankman-Fried left the Bahamas on a U.S.-bound flight to face fraud charges as federal prosecutors announced that two of his former associates had pleaded guilty ...

Cash is losing its top spot as the euro zone’s dominant means of payment, a European Central Bank survey showed on Tuesday, in a historic shift for a part ...

Cypriot businesses spend approximately one third of their total advertising budget on digital channels, with seven out of ten businesses estimating that they spend up to €100,000 on digital advertising, according ...

The Central Bank of Cyprus (CBC) on Tuesday announced the launch of a new Innovation Hub in the field of financial technology (fintech), in an effort to encourage and support ...

Rating agency DBRS Morningstar this week said that Cyprus was one of only five countries whose credit rating it upgraded during 2022, a year marked by a plethora of challenges, all ...

Kassatly Group Holding, a major player in the regional beverage sector, said that it will move to the island by the end of next year Lebanese drinks giant Kassatly Group ...

Aluminium makers are set to boost low-carbon metal output by 10 per cent in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking climate-friendly ...

Organisations are looking to expand their industry ecosystems as the next phase of digital transformation, technology sector analysts International Data Corporation (IDC) said this week predicting the future of the ...

Limassol-based rating agency Capital Intelligence this week announced that it has upgraded the Long-Term Foreign Currency Rating (LT FCR) of the Bank of Cyprus (BoC) to ‘BB’, from ‘BB-‘. In ...

Cyprus’ GDP is estimated to have reached a growth rate of 5.8 per cent for 2022, according to a report released on Friday by the Central Bank of Cyprus (CBC). However, in ...

Capital Intelligence Ratings (CI Ratings) this week announced that it has upgraded the Long-Term Foreign Currency Rating (LT FCR) of Hellenic Bank (HB) to ‘BB’ from ‘BB-‘ and affirmed the ...

A ninth interest rate hike in a row by the Bank of England looks to be a foregone conclusion on Thursday and investors will be looking for clues on how ...

The Central Bank of Cyprus (CBC) announced this week that it successfully held a one-day event in which it sought to bolster financial literacy awareness among secondary education teachers. The ...

Cyprus Airways held a press conference on Wednesday in which it presented its strategic plan for the coming five years, with CEO Paul Sies recapping the airline’s achievements and ...

The Cyprus Federation of Business and Professional Women (BPW Cyprus) this week announced that it commemorated Women’s Entrepreneurship Day, observed on November 19 every year, by holding its fifth Mediterranean ...

Britain’s jobless rate rose for a second month and there were other signs in data on Tuesday that some of the inflationary heat in the labour market is cooling ...

Cypriot fintech Ask WiRE on Monday released its latest property market report, concerning the third quarter of 2022, during which time real estate prices continued to rise, with the Paphos district ...

Cyta on Monday announced the signing of an agreement with the Lebanese Ministry of Telecommunications for the construction and maintenance of a new subsea telecommunications connection between Cyprus and Lebanon. ...

Investments through Portugal’s “golden visa”, which gives wealthy foreigners residence rights, jumped nearly 50 per cent last month, data showed on Sunday, as the government considers whether to scrap the ...

From oxen to horses to tractors to robots: the European farm industry is poised to undergo another innovative disruption – this time brought about by artificial intelligence. By SOFIA STRODT In ...

Chief Banking Officer at Hellenic Bank Phivos Stasopoulos on Friday addressed the tenth Banking Forum and Fintech Expo, touching on a number of issues, including the challenges facing the banking ...

Following a public vote among 32 nominees, a young Cypriot entrepreneur emerged victorious at the prestigious Noonies international awards. Demetrios Zamboglou was named ‘Fintech Contributor of the Year’ for 2022 by online ...

The Cyprus Chamber of Commerce and Industry (Keve) on Thursday announced that its upcoming annual general meeting, which will take place on December 19 in Nicosia, will also commemorate the chamber’...