Business

There is about a 40 per cent chance of a US recession this year and a risk of lasting damage to the country’s standing as an investment destination if the ...

Cyprus’ tourism ministry this week launched the application process for a grant scheme aiming to enhance the qualitative and aesthetic appeal of Cyprus’ beaches. This initiative, according to the ministry, ...

Bernhard Schulte Shipmanagement (BSM), a third-party ship manager headquartered in Limassol, has successfully completed the Diversity@Sea project after a 10-month project phase. This initiative, a global effort by the ‘...

Eurobank has set out its strategic objectives following the full acquisition of Hellenic Bank, as detailed in its public offer document outlining the acquisition process. As part of its plan, ...

The number of building permits issued in Cyprus during October 2024 fell to 470, marking a 25.6 per cent decline compared to the 632 permits issued in October 2023, according to data released by the ...

By Xenia Kalogirou In effect since March 2021, the Sustainability Financial Disclosure Regulation – Regulation (EU) 2019/2088 (SFDR) – introduced transparency in the market for sustainable investment products as part of the EU’s 2030 ...

Hong Kong investor Balram Chainrai has increased his stake in Agros Development Company ‘Proodos’ Public Ltd to 87.85 per cent, the owner of Rodon Hotel, following the successful completion of his ...

Five years after the World Health Organization first described the COVID-19 coronavirus outbreak as a pandemic, its effects are still being felt on the global economy. Covid-19 and efforts to ...

The Bank of England said it allotted 2.127 billion pounds ($2.75 billion) of six-month funds to banks at an indexed long-term repo operation on Tuesday, the most since April 2020 during the early ...

Deutsche Bank (DBKGn.DE) has raised the parental leave entitlement in its Middle East and Africa regional offices in a bid to offer attractive benefits to employees in an increasingly ...

While Solana (SOL) experiences price fluctuations, Mutuum Finance (MUTM) continues gaining momentum, advancing to Phase 3 of its presale. With over $3 million raised and more than 5,000 holders onboard, the project is ...

Mutuum Finance (MUTM) continues to gain traction, reaching a major milestone as its presale surpasses $3 million. With Phase 2 nearly sold out, the project is now moving into its third phase, ...

An opportunity for investors to engage in developing projects from an early stage is given in the case of presales as the cryptocurrency market evolves. Presales usually come with discounted ...

While XRP struggles with mounting sell pressure and a possible 20% drop, investors are shifting focus to emerging opportunities like Mutuum Finance (MUTM). With over 5,000 holders now on board and its ...

Hellenic Bank on Tuesday announced that the reference rate for loans linked to the European Central Bank’s (ECB) base rate will be reduced by 0.25 per cent, from 2.90 per cent ...

Cyprus’ government employment increased by 599 people in February 2025, a rise of 1.1 per cent, compared to February 2024, reaching a total of 55,296 employees. According to the state statistical service, this growth was ...

Miami-based alternative investment firm H.I.G. Capital has made significant strategic moves in the North American market during February, highlighting the firm’s diversified approach across healthcare and growth ...

The Cyprus Securities and Exchange Commission (CySEC) on Tuesday outlined its key regulatory actions and market oversight efforts during a press conference in Nicosia. The commission’s presentation focused on ...

As investors hunt high-growth assets that could yield significant profits, the cryptocurrency market is poised for an interesting 2025. Investors search for the next great chance as institutional use rises and ...

Aegean Airlines on Tuesday reported a strong start to 2025, carrying 1.9 million passengers in the first two months of the year, marking a 9 per cent increase compared to the same period ...

In a groundbreaking achievement, BuySellCyprus.com, the leading real-estate platform in Cyprus, has secured the #3 spot among the most popular apps on Google Play in Cyprus. According to Google Play ...

Greek retail chain Jumbo Group on Tuesday reported a significant increase in store sales across Cyprus and Greece for February 2025. Specifically, the company announced that it achieved a 27 per cent ...

The 8th Cyprus International Tax Conference kicked off on Tuesday morning with discussions centred on the country’s tax system reform, the digitalisation of tax administration, and the need to ...

The Association of Large Investment Projects on Tuesday released a statement commenting on the scarcity of affordable housing, delving into the ramifications this issue poses. The association explained that that ...