Cyprus Business News

The world’s biggest central banks will happily live with higher inflation and investors now aggressively betting on a quicker end to monetary stimulus are all but certain to be ...

Bitcoin is forecast to become an important instrument in international trade, as well as a means to protect businesses from forex risk, according to a report released by Citigroup’s ...

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 ...

China’s rare earths are underpriced due to vicious competition and face low resource utilisation, which would lead to a race to the bottom, the country’s industry minister said ...

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 ...

Wealth Innovative Solutions Bank of Cyprus, being the largest financial institution in Cyprus, has a long history of servicing the Wealth and the Asset Management Industry through its Wealth & ...

We’re in the Vaccine Economy, and it’s risk-on again! Open up the laptop; there are some pretty good possibilities to turn €10,000 into a larger sum, and you don’...

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 ...

Having started in financial services in London in the early 1990s, Mark Nowell has worked with high-net-worth clients across Europe and the Middle East. He is a registered European Financial ...

Born in Cyprus, Constantinides studied law in England, and took a Masters degree in international commercial law there. He then qualified in England for the Bar, and after some initial ...

Emilios Tannousis is the Manager Wealth Management at Bank of Cyprus. With an experience of almost 20 years in the Wealth and Asset management industry he is covering the Private Banking ...

Biography Richard Thomas is the Head of EFG International’s UK Region and member of the Global Business Committee since 02 January 2019. In addition, he is CEO of EFG Private Bank ...

Oil prices fell on Friday as the US dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels. US West Texas Intermediate (...

Britain said on Friday it would offer a fast-track visa scheme for jobs at high-growth companies after a government-backed review warned that financial technology firms will struggle with Brexit and ...

Chinese electric car maker Nio plans to enter European markets from the second half of 2021, CEO William Li said at an online conference on Thursday. He also announced the company’...

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 ...

Digital vaccination certificates enabling people to travel in Europe despite the coronavirus pandemic will probably be available before the summer, German Chancellor Angela Merkel said after a virtual EU summit. “...

A new coronavirus variant that shares some similarities with a more transmissible and intractable variant discovered in South Africa is on the rise in New York City, researchers said on ...

Larnaca-based energy producer Petrolina is partnering with the London-based Lion Alternative Energy (LAE) to establish a major producer of renewable energy in Cyprus. Petrolina Solar will invest in LAE’s ...

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 ...

Cyprus’ EMBIO Diagnostics has received an award for innovation in Covid-19 response, the European Bank for Reconstruction and Development (EBRD) announced on Thursday. Costantinos Louizou, CEO of EMBIO Diagnostics told ...

British finance minister Rishi Sunak should follow the lead of the United States by announcing a £100 billion stimulus push in next week’s budget to fuel an economic recovery from ...

It was an event that could set a precedent in a world longing for a return to normal – a music concert attended by scores of Israelis vaccinated against Covid-19. The ...