#BusinessTop

Cyprus Chamber of Commerce and Industry (Keve) secretary general Marios Tsiakkis this week said that this year has been a critical one for Cypriot tourism, posing many challenges for all ...

Global ratings agency Fitch this week announced that it has upgraded the Bank of Cyprus’ Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘B-‘ and Viability Rating (VR) to ‘b+’ ...

The Council for Registration of Real Estate Agents on Tuesday said that an important measure will soon be implemented that will have a bearing on the Cypriot property market and ...

Deputy Minister of Tourism Savvas Perdios on Tuesday said that the future of Cypriot tourism is promising, despite a number of challenges, before expressing his desire that the upcoming presidential ...

The International Air Transport Association (IATA) this week said that the recovery in international air travel continued in October, with total traffic during that time rising by 44.6 per cent compared ...

National investment agency Invest Cyprus on Monday announced that the ANIMA Investment Network, a platform for economic cooperation between Europe, the Middle East and Africa, has chosen Cyprus as the ...

Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bills for staff over the winter. Here are some examples by sector: AUTOS, ...

International technology company Huawei has signed a global commitment to join the International Telecommunication Union’s (ITU) Partner2Connect digital alliance, it announced on Thursday. This will enable Huawei to ...

Cyprus’ general government posted a surplus of €556.4 million for the period between January and October 2022, according to the preliminary financial results published this week by the Cyprus Statistical Service (Cystat). ...

Finance Minister Constantinos Petrides on Friday addressed the House plenum during his presentation of the government’s economic policy for the coming year, saying that the current administration is submitting ...

National investment agency Invest Cyprus held its annual general meeting on Wednesday, with Finance Minister Constantinos Petrides in attendance, cementing the positive relationship between the government and the organisation. The ...

Eurobank on Thursday said that it has increased its stake in Hellenic Bank to 26 per cent, having now made an agreement for the acquisition of a 13.4 per cent share that ...

Honda (7267.T) said it would develop technology enabling its level 3 self-driving capability to function at any speed below legal limits on highways by the second half of the 2020s as ...

Hellenic Bank on Wednesday released its financial results for the first nine months of 2022, posting a profit of €76.4 million, compared to a profit of €21 million in the corresponding period of 2021, ...

Oil rebounded on Tuesday after falling to more than 11-month lows in the previous session, as investors weighed a potential output adjustment from the major oil producers, who are set ...

Paris’ luxury-laden stock exchange is now worth more than London’s. But although size matters, there are other indicators highlighting the UK capital’s popularity with investors. While the UK ...

Britain faces widespread industrial unrest in the run up to the Christmas holiday period and into January as workers struggling with double-digit inflation resort to strike action to demand better ...

Egypt’s finances remain in a precarious state despite two major currency devaluations this year and a brand new $3 billion International Monetary Fund rescue package, economists say. With debt interest ...

The global smartphone market experienced a pronounced contraction of 9 per cent year-on-year during the third quarter of 2022, something which has been primarily attributed to a dent in demand, according to ...

Famed computer scientist and systems engineer Margaret Heafield Hamilton once said that ‘there was no choice but to be pioneers, no time to be beginners,’ noting that upon reflection, this ...

Lending criteria became tighter during the third quarter of 2022 in Cyprus, both for businesses and households, according to a bank lending survey conducted by the Central Bank of Cyprus (CBC). ...

Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. ...

The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism, also known as Moneyval, on Friday released its latest report on Cyprus’ compliance with ...

The Paphos regional board of tourism (Etap) this week travelled to Poland in order to promote the district as a tourist destination by engaging with local tourist industry stakeholders. The ...