Business

Despite appearing to lack the necessary support in parliament, a bill imposing a new ‘bank tax’ will go to the House plenum later this week. Tabled by opposition party Akel, ...

A unique service for YOU. A world of lifestyle benefits and real privileges for all YOUR unique banking and investment needs. Bank of Cyprus’ PrivilEDGE club is redefining, advancing and ...

Cryptocurrency enthusiasts are buzzing with excitement because of how artificial intelligence (AI) predicted the price of Dogecoin (DOGE) on Christmas Day. Using historical trends, it is possible to make a ...

Cloud mining has become a convenient way for people to mine cryptocurrencies without the hassle of buying or managing hardware. Mining platforms now offer a variety of contracts to meet ...

Smart investing comes down to a few key principles that when linked to an individual’s financial goals ensures preparedness and peace of mind. With the rise of digitalisation and ...

Motor vehicle registrations in Cyprus rose by 10.1 per cent from January to November 2024, with the growing popularity of electric and hybrid vehicles driving the market shift. According to the statistical ...

In the fast-paced world of online shopping, waiting for your package to arrive can be a stressful experience. The anticipation of the delivery, combined with the occasional uncertainty about its ...

Limassol topped Cyprus’ property market from January to September 2024, leading in sales values for houses and apartments, according to a report from Nicosia-based firm Landbank Analytics.  The report, which reviewed ...

Research and Innovation Foundation (RIF) director general Theodoros Loukaidis was recently presented with the Athenian Glaive award in Athens. According to an official announcement released on Monday, the RIF chief ...

Shares in Turkish construction and cement companies surged on Monday, buoyed by expectations that they will benefit from rebuilding in Syria after rebels overthrew President Bashar al-Assad. Turkey will work ...

The Famagusta regional tourism board (Etap) recently held a meeting with representatives of EasyJet Holidays, the holiday division of the low-cost airline, it was announced on Monday. The meeting, which ...

Cyprus Chamber of Commerce & Industry (Keve) president Stavros Stavrou is set to deliver a speech addressing key economic and business issues at the chamber’s annual general meeting on ...

The crypto market is filled with altcoins, which may cost less than a burger but can give massive returns. For interested investors, altcoins with a valuation of less than one ...

The Lloyd’s List Greek Shipping Awards 2024 brought together hundreds of industry leaders in Athens, celebrating the achievements of local and international shipping. Deputy Minister of Shipping Marina Hadjimanolis attended ...

Antony Barnett, Chief Executive Officer of Limassol-based Network Financial Services (NFS), is no stranger to the delicate balancing act of financial planning. With a career that spans years of experience, ...

The European Union’s Digital Operational Resilience Act (DORA), taking effect on January 17, 2025, will impose tougher cybersecurity rules on financial entities, with the Central Bank of Cyprus (CBC) urging compliance ...

EU-funded researchers are turning food processing waste into a valuable resource, transforming discarded biomaterials into natural fertilisers. By Sofia Sanchez Manzanaro In Catalonia there are 7.7 million residents and approximately 7.9 million ...

By Alicia García-Herrero and Juan Mejino Lopez The European Union needs to adapt its emergency funding mechanisms to the increasing number and severity of climate catastrophes.  Devastating flooding in ...

Amazon (AMZN.O), announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things. ...

Google Cloud (GOOGL.O) announced that it had partnered with Air France-KLM (AIRF.PA), to deploy generative artificial intelligence (AI) technology on the airline group’s data. WHY IT’S ...

Meta (META.O) has announced that it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to ...

On November 30 total tourist arrivals to the island surpassed those seen for the whole of the year 2023, a record year for arrivals, Transport Minister Alexis Vafeades announced on Sunday. By ...

Here are the top business stories in Cyprus from the week starting December 2: Paphos mayor Phedonas Phedonos has urged Cypriot businesses to adopt a more international, export-oriented approach, saying that ...

By Hallam Stevens On November 12, United States president-elect Donald Trump announced he would appoint Elon Musk, the world’s richest man, to lead a newly constituted Department of Government Efficiency ...