Cyprus Business News

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 ...

Netflix, with $25 billion in revenue, and $2.7 billion in profit in 2020, is promising us all plenty to watch in 2021. Netflix’s business model calls for setting aside short-term profit in order ...

“Blockchain technology follows the so called Gartner’s Hype Cycle that all nascent technologies go through. A lot of hype initially, many promises, people trying to invest or make money ...

“In business, authenticity matters; here, Cyprus has a strong voice, and that makes a difference,” comments Vicky Crease, a leader in the events industry with Cypriot roots in South Africa. “...

For PwC CEO Evgenios Evgeniou, Cyprus, coming out of the pandemic, has a critical need to make its business culture more creative and adaptive – in some senses, the Fourth Industrial ...

The pandemic has led to a mindset that is negative and unable to change. We often forget that our situation will not get better by chance but through our ability ...

“Cyprus has the capability to make the shift to a kind of Fourth Industrial Revolution orientation. A lot of emphasis in the past has been on things like accounting services, ...

“Working in Cyprus, we create an island within an island. Our focus is implementing our own culture not benchmarking against other companies in our sector. We are able to find ...

By Dr. Charles Ellinas THIS is a follow-up to the interview of Dr Andreas Poullikas, Chairman of the Cyprus Energy Regulatory Authority (CERA): published https://cyprus-mail.com/2021/01/22/cyprus-electricity-market-deregulation/ Dr. Poullikkas ...

CYPRUS wineries ended the year with 17.1 million litres in stock; only 9.823 million were consumed, according to the latest statistics compiled by the Department of Agriculture and shared with the Cyprus ...

“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 ...

“In the 23 years Amdoc has been in Cyprus, we have seen a very positive development regarding local talent in the field of computer engineering. We have a great experience with ...

RISE recently developed the Covid-19 contact tracing application which will be put to work in Cyprus within a few weeks of this publication. We’ll be able to identify if ...

“Cypriot companies must look abroad, and become ‘extrovert.’ Engagement in international markets is the only path to financial strength and sustainability but also to derisking. Our government sees attracting foreign ...

The European Parliament on Thursday voted a resolution to reform and expand the official list of global tax havens. The resolution calls for screening EU Member States for acting effectively ...

By Andrew Rosenbaum and Dr. Charles Ellinas — First of Two Articles Producers of renewable energy, of whatever type, will be able to sell their production via the national electricity grid ...

EU countries are not pursuing a unified policy on the security of 5G networks, according to the European Court of Auditors (ECA). The news comes at the start last week ...

Facebook Inc said on Thursday it was referring its decision to indefinitely suspend the accounts of former US President Donald Trump to its independent oversight board. The suspension has attracted ...

Moody’s praised the sale of the Bank of Cyprus “Helix 2” package of non-performing loans in a note released on Thursday. “The sale will significantly reduce the bank’s stock ...

The Swiss federal prosecutor’s office has opened an investigation into the Lebanese central bank (Banque du Liban). The Swiss investigation comes amid increased scrutiny of longstanding central bank governor ...

The dollar fell, the pound rose slightly, and the euro held steady on Wednesday as Joe Biden was inaugurated as the 46th US president. Risk appetite held up on optimism ...

BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients. The ...

Back in 2009, we had the pleasure of watching Vladimir Putin, at the time prime minister of the Russian Federation, at Davos warn us about the dangers of placing too much ...

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 ...