#BusinessTop

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 ...

Cyprus’s Aphrodite gas field, located in located in Block 12 of Cyprus’s exclusive economic zone, and with reserves of 129 billion cubic metres, is expected to begin production in 2025. But ...

Oil prices rose on Monday to their highest in just over a year, with Brent futures nudging past $60 a barrel, boosted by supply cuts among key producers and hopes for ...

Company directors will become personally liable for the accuracy of their financial statements under landmark proposals from Britain’s finance ministry next week to improve corporate behaviour, sources familiar with ...

Hezbollah, a Shiite political party and militant group, has long held great leverage over politics and business in Lebanon. But now the group, which is on several lists as a ...

Discussions of the Cyprus proposals in the draft Plan of Recovery and Sustainability (European Recovery funding plan) are to begin on February 11, according to a press release from the finance ...

Lawyers on both sides of the Channel have been left in limbo by the Brexit accord. Although Prime Minister Boris Johnson has claimed that “solicitors and barristers got a good ...

Limassol-based gaming producer Nexters Global, the game developer behind Hero Wars and Throne Rush, is going public in a Special Purpose Acquisition Company (SPAC) deal with the Moscow-based Kismet Acquisition ...

One year into the coronavirus pandemic, Ethiopia looks set to become a test case for how the world’s poorest countries deal with huge debt increases as the crisis bites. ...

The rollout by Cyta of the first 5G network for Cyprus on Sunday offers vast opportunities for business, creating a new market for services and the ability to make use ...

Cyprus will recover in 2021, however the recovery will be slower and weaker than initially expected, according to a forecast published on Monday by the University of Cyprus Economic Research Centre. ...

AstraZeneca will deliver nine million more doses of its COVID-19 vaccine to the European Union in the first quarter of this year, making a total of 40 million for the period, ...

By Manos Panayiotou, advisor in Wealth & Investment Services at Hellenic Bank Every day people struggle to balance logic and sentiment. Every individual needs to find the perfect compromise to ...

President Recep Tayyip Erdogan has committed the Turkish government to economic reform, but his alliance with the right-wing nationalist MHP party — which is closely allied with the Turkish Mafia — appears ...

Members of a discussion group on the social news and chat site Reddit (page ‘R/WallStreetBets’) have been able to drive up the stock price of Gamestop by 1,700 per cent. ...

Cyprus Finance Minister Constantinos Petrides said on Thursday that the island’s economy should rebound with 4.5 per cent growth, while unemployment should decline. Speaking at InvestCyprus’s 5th Cyprus International ...

“Cyprus is changing, and we are moving in the right direction, with increasing recognition of the role of technology in our economy. But there is still not sufficient support for ...

Plans to upgrade houses, making them more energy efficient, were presented today by Natasa Pilides, the Minister of Energy, Trade and Industry. At the same time, a scheme to make ...

By Christos Karaolis, president of the National Federation of Cypriots in the UK The Covid-19 pandemic has shaken the global economic system and forced a radical re-think of the strategies ...

“Cyprus is at a turning point in terms of technology. For the first time, there is a real opportunity for technology to become a substantial force to drive the economy ...

Alphabet Inc’s Google said on Friday it would block its search engine in Australia if the government proceeds with a new code that would force it and Facebook Inc ...

The UAE airlines Emirates and Etihad will be among the first airlines in the world to use the International Air Transport Association (IATA) “Travel Pass” app, which allows passengers to ...

The Cyprus Shipping Deputy Ministry (SDM) has announced a new range of green incentives to reward vessels that demonstrate effective emissions reductions. From fiscal year 2021, annual tonnage tax will be ...