#BusinessTop

As the Turkish lira slides closer and closer to 10 to the euro, the Turkish central bank last week banned the use of cryptocurrency in transactions, in a desperate attempt to ...

Twenty thousand users are fighting to get their vaccine of choice within a single second. That’s what is making the Vaccination Portal crash, explains Deputy Minister of Research, Innovation ...

The UK’s largest tour operator TUI has called for authorities in Cyprus to provide free or reduced-cost Covid-19 tests to encourage tourists to visit this summer, TTG reported on ...

Saipem and Hyperion Systems Engineering have joined forces to create Saipem-Hyperion Eastmed Engineering Ltd, a jointly controlled company based in Nicosia. The joint venture was registered in March. The new ...

Despite initially being encouraged by the February lifting of lockdown measures on retail stores, the sector is still reeling from months of inactivity and lingering trepidation from consumers. “Cyprus retail ...

Cyprus Vision 2035: A plan to build a resilient economy Plans by Sector: Agritech: Create co-operatives, combine resources, Institute of Agriculture to guide creation of a technology base for shared use, ...

An independent committee including lawmakers and a number of business leaders has been set up to scrutinise and improve the UK’s Brexit deal with the EU, according to a ...

Venus Minerals has started diamond drilling in the Troodos, and this means that Cyprus will soon be able to take advantage of the rising demand for copper. “Cyprus can play ...

Cyprus professionals have mixed feelings about the proposal from the US Treasury Secretary Janet Yellen to establish a global minimum corporate tax. “It’s impractical and makes no sense in ...

In its research, credit agency S&P notes several themes that weigh against the Cyprus economy – the other credit agencies also make the point that these issues are holding ...

Carnival Corp, the world’s largest cruise operator, is currently not taking a position on mandatory Covid-19 vaccinations for passengers before traveling, a company spokesman told Reuters on Tuesday. The ...

The British Travel Association has called Boris Johnson’s delay of any decision on allowing international travel “beyond disappointing.” The prime minister said he was “hopeful” that foreign travel could ...

Part II: Natasa Pilides, minister for energy, commerce and industry, has kindly conceded to Dr. Charles Ellinas and Andrew Rosenbaum a major update on energy policy and legislation. The Minister ...

Natasa Pilides, minister for energy, commerce and industry, has kindly conceded to Dr. Charles Ellinas and Andrew Rosenbaum a major update on energy policy and legislation. The Minister addresses nearly ...

A robot armed with virus-killing ultraviolet light is being tested on Swiss airplanes, yet another idea aiming to restore passenger confidence and spare the travel industry more pandemic pain. UVeya, ...

Lockdown restrictions have been partially lifted, and many have predicted a major increase in spending, but many service businesses remain unconvinced. “There is some movement, but we are waiting to ...

Ryanair is to resume flights to and from Cyprus from April. This summer will be a ‘win-win’ for Ryanair working with Hermes Airports, Maria Kouroupi, senior manager Aviation Development, Marketing ...

On March 24, the government announced changes to the offer for a ‘Golden Visa,’ – Cyprus residency in exchange for investment, but no passport. However the new offer is little changed from ...

Talks on the EU Common Agricultural Policy (CAP) reform held on March 26 broke down over questions like “what does a farmer do” and payment for performance. The CAP accounts for ...

Salvage teams freed the Ever Given in the Suez Canal, according to maritime services provider Inchcape, almost a week after the giant vessel ran aground in one of the world’...

China and Iran, both subject to US sanctions, signed a 25-year cooperation agreement on Saturday to strengthen their long-standing economic and political alliance. “Relations between the two countries have now ...

Investors around the world have poured money into Exchange-Traded Funds (ETFs) this year. More than $800 billion have been invested thus far this year, up from $600 billion in assets under management ...

Credit agency Fitch Ratings on Friday affirmed Cyprus’s ‘BBB-‘ credit rating in a note. A ‘BBB-‘ rating indicates a low indication of default, but some business or economic factors ...

By George Eid and Andrew Rosenbaum Last week, Roger Zaccar moved his company, which disrupts insurance sales with a mobile app, from Beirut to Limassol. Zaccar told the Cyprus Mail ...