Business

Alpha Bank on Thursday announced a binding agreement to acquire the total assets and liabilities of AstroBank Public Company Ltd for €205 million, a move strengthening its presence in the Cypriot ...

The House plenary on Thursday evening passed the 2025 budget for the Electricity Authority of Cyprus (EAC) with lawmakers grasping the opportunity to rail against the high cost of energy. The ...

Cypriot startups are set to receive a significant boost with €26 million in funding secured by venture capital firm 33East in partnership with the European Investment Fund (EIF). The fund aims ...

Tor Properties is transforming real estate in Cyprus by creating exceptional projects in prime locations. With a focus on modern comfort and convenience, each project is designed to offer a ...

Curious to find the next move of Jupiter’s JUP? Don’t know whether it is experiencing a buy or sell momentum, at the moment? No worries. Dive in with ...

Hellenic Bank on Thursday reported a net profit of €383 million for the full year 2024, highlighting its strong financial performance and solid capital position. “2024 was a landmark year for Hellenic Bank ...

Unemployment in Cyprus fell to 4.6 per cent in the fourth quarter of 2024, according to a report published by the Cyprus Statistical Service on Thursday. The number of unemployed people stood ...

Watching OKB’s price swings and wondering what’s next? With key support and resistance levels in focus, recent volatility has traders keeping a close eye on its next breakout. ...

The Famagusta branch of the Cyprus Hoteliers Association (Pasyxe) together with the local tourism board (Etap), celebrated the successful conclusion of their online campaign ‘Live Unforgettable Moments’. The campaign, which ...

The future of Cyprus’ tourism industry depends on sustainable development, according to Association of Cyprus Tourist Enterprises (Stek) president Akis Vavlitis. The Stek president on Thursday explained that “while the ...

Cyprus has leapt nine places in the 2024 StartupBlink Ecosystem Index, marking it as the fastest-growing startup ecosystem within the European Union, the Research and Innovation Foundation (RIF) has reported. According ...

Hellenic Bank made payments totalling €13.7 million in 2024 to Logicom Solutions Limited and its subsidiary, NewCytech Business Solutions Ltd, according to an announcement following the bank’s preliminary financial results for ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday released a practical guide on maintaining effective and efficient sanctions screening systems. The guide incorporates the latest findings from CySEC’s ...

Selecting an insurance policy based solely on affordability may not provide the comprehensive protection you need. You must also assess the insurance provider’s features, benefits, and credibility. With a 1 ...

Energy Minister George Papanastasiou said on Thursday that Abu Dhabi’s National Energy Company (Taqa) is interested in investing in and supporting the delivery of an electricity connection project that ...

The Environment Department has approved the request by Napa Rock Estates Ltd for modifications and extensions to the existing Tasia Maris Hotel in Ayia Napa, with an estimated cost of €1.2 ...

Business success requires taking risks, thinking creatively, and exploring new market opportunities. But how do you combine a passion for one’s craft with a commitment to growth? For an ...

Washington’s push to swiftly end the conflict in Ukraine has sparked speculation that Western brands may want to return to Russia, but from fashion to cars, the markets they ...

President Nikos Christodoulides on Tuesday announced his intention to introduce sweeping tax reforms. Speaking at an event held to present the government’s proposals at the presidential palace, he promised ...

Up to 160,000 part-time retail jobs in Britain are at risk of being lost over the next three years as a result of higher employer taxes and regulatory changes, the British ...

Ciner Shipping, the largest Turkish shipping company by fleet size, has decided to relocate its operations from Turkey to Greece to better manage its human resources. The CEO of Ciner ...

The employers and industrialists’ union (OEV) and the Cyprus chamber of commerce and industry (Keve) have welcomed the tax reforms proposed by the government on Wednesday, saying they were a ...

Today’s digital economy is high-speed, with businesses dealing in high-volume transactions, varied payment methods, and quick consumer responses. Managing payments is time-consuming, error-prone, labor-intensive, dangerous, and inefficient in cash ...

Apple (AAPL.O) shareholders voted to keep the tech giant’s diversity, equity and inclusion policies on Tuesday, a win for management which had opposed efforts by a conservative group ...