#BusinessTop

Britain’s finance minister Rishi Sunak on Wednesday launched a new state-backed loan scheme for businesses hit by the COVID-19 pandemic, replacing existing programmes that have seen struggling businesses borrow ...

A film called Nobody is to be released on Friday – it tells the story of an innocent person who inadvertently becomes the target of a vengeful drug lord. Know who’...

By Andrew Rosenbaum and Karim Arnous As an architect Yiannis Armeftis has done much to beautify Limassol. Now, as a leader of the newly established initiative in Limassol, he has ...

Much like an abandoned mansion that is falling apart from negligence, the Lebanese economy is decaying day-by-day as the ruling political parties stand by and watch. Unable to produce a ...

“You have to keep in step with the times,” said an official. “That depends, said the French diplomat Talleyrand, ”on what you have to step in.” This epigram may seem ...

For a small island, Cyprus has big ambitions. Having already established itself as a growing fintech centre, Cyprus has long recognised it must continually change and challenge itself to remain ...

Russia has issued a clarification regarding some of the key terms in the protocol that amended the Treaty for Avoidance of Double Taxation Cyprus-Russia – the same clarification has been applied ...

Staggering inflation, government inaction and decaying consumer sentiment have combined to force the Turkish lira lower against the dollar and the euro. The lira is at €9.05 to the euro, and ...

The first big real-world study of the Pfizer/BioNTech vaccine to be independently reviewed shows the shot is highly effective at preventing Covid-19, in a potentially landmark moment for countries ...

“We’re involved in damage control,” Finance Minister Constantinos Petrides told the Cyprus Mail in an interview. Fortunately, the government has the means to keep the damage to a minimum ...

The Cyprus fund industry is maintaining steady growth right through lockdowns and the pandemic, and is seeking changes to its legal framework to harmonise with competitive jurisdictions. “We continue to ...

Baillie Gifford is an investment management firm based in Edinburgh with more than £200 billion in assets under management. This fund is having an annus mirabilis. According to Morningstar’s latest ...

The Cyprus Securities and Exchange Commission (‘CySEC’), the financial regulatory Authority of Cyprus, has launched a dedicated section on its website to serve as a Brexit Information Hub (accessible here), ...

The 200 King Long high-end city buses that arrived in Cyprus from Xiamen on May 27, 2020 are both stylish and safe for use in the pandemic. In what was the biggest export ...

By Dr. Charles Ellinas What has become abundantly clear over the past year is the EU’s determination to drive a fast transition to cleaner energy. Not only it has ...

We live in times of extreme uncertainty, and that makes life hard for the people who are tasked with forecasting the future. Actuaries, for example, have the task of forecasting ...

Every Friday since November, a group of activists founded by Turkish lawyers in Europe have gathered before the European Court of Human Rights (ECHR) as part of the ‘Movement for ...

A hacking campaign that used a US tech company as a springboard to compromise a raft of US government agencies is “the largest and most sophisticated attack the world has ...

The American University of Cyprus (AUCY) will open its doors in Larnaca in September 2021, and its second campus, in Ayia Napa, still under construction will begin welcoming students in the ...

Facebook Inc is building a smartwatch that will let users send messages and also offer health and fitness features, according to a report on the tech website The Information reported ...

The Radisson Hotel Group is to open a string of new properties in Cyprus, according to a press release published on Friday. The planned Radisson Beach Resort Larnaca will offer ...

Cyprus will see economic growth at the same, relatively low rate of most EU Member States in 2021. There is, however, “light at the end of the tunnel,” according to an ...

There is no reason why a bad bank would not work in Cyprus, as it has in many other countries. It all depends, experts say, on how it is managed. ...

Inflows of Foreign Direct Investment (FDI) in Cyprus during the first three quarters of 2020 were down a staggering 96 per cent compared with the same period in 2019, according to statistics from ...