Business

Cyprus has “no room for growth” in terms of its summer tourism figures, Tourism Deputy Minister Costas Koumis said on Friday. Addressing the House finance committee as it deliberated his ...

Nine years ago, a $500 investment in Ethereum would have turned into an astonishing $1,575,350 today. The next big question is: which altcoin could deliver similar or even bigger returns? Rexas Finance ...

Energy Minister George Papanastasiou on Friday expressed his hope that American multinational oil and gas corporation ExxonMobil’s decision to begin drilling for natural gas in block 5 of Cyprus’ Exclusive ...

For those looking for generational riches, certain altcoins priced under $1 are becoming leaders with a wide spectrum of projects providing special utilities and innovations. Of them, Rexas Finance (RXS) is ...

A group representing major automakers including General Motors (GM.N), Toyota Motor Corp (7203.T), and Volkswagen (VOWG_p.DE) urged President-elect Donald Trump to retain key tax credits for electric ...

Cyprus and Greece have announced a joint €2 million funding call aimed at strengthening cooperation in research, innovation, and technology, according to an official announcement released this week. This initiative, spearheaded ...

Cyprus-based Anymaster, a service marketplace that connects clients with local service providers, has successfully raised €350,000 in funding, allowing it to expand to Athens, Greece. “Already operating in four major cities ...

The Central Bank of Cyprus (CBC) on Friday reported that 94 per cent of loans held by credit acquisition companies were categorised as non-performing (NPLs) as of June 30, 2024. The report indicates ...

The Cyprus Securities and Exchange Commission (CySEC) this week announced its adoption of the European Banking Authority’s (EBA) guidelines on governance for issuers of asset-referenced tokens (ARTs). These guidelines, ...

Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly ...

Inflows into global equity funds slowed in the week ending Nov. 20 due to geopolitical tensions between Russia and the West, with investors also anxious about the US interest rate policy ...

Millions of British households will see energy bills tick up in January after regulator Ofgem said it would increase its domestic price cap by 1.2 per cent from January as volatile ...

British business output shrank for the first time in more than a year and tax increases in the new government’s first budget hit hiring and investment plans, a survey ...

Oil prices held steady on Friday, on track for a weekly rise of 5 per cent, as the Ukraine war intensified and Chinese imports were set to increase in November. Brent ...

On November 20, 2024, the 23rd Leadership & Human Resource Management Conference, organised by IMH, in partnership with PwC Cyprus, took place in Limassol. The event, dedicated to “Workplaces of the Future”, ...

Britain borrowed more than expected in October, according to official data that showed the challenge facing finance minister Rachel Reeves who says she will fix the public finances as well ...

Central Bank of Cyprus (CBC) govennor Christodoulos Patsalides on Thursday addressed the Economist annual summit, highlighting the European banking sector’s resilience, while also addressing the challenges and risks facing ...

Berkay Ucar has almost given up hope of finding work after his eight-month search only generated a few unsuccessful interviews. Living with his parents in the capital Ankara, 24-year-old software ...

ExxonMobil will drill a well offshore Cyprus in January in its pursuit of natural gas, a senior executive said on Thursday at an energy and geopolitics event in Nicosia. “We’...

Central Bank of Cyprus (CBC) govennor Christodoulos Patsalides on Thursday addressed the Economist annual summit, highlighting the European banking sector’s resilience, while also addressing the challenges and risks facing ...

Knowing how to weld, install electric equipment or repair an air conditioning system can be a key part of being able to obtain a trades-oriented job. Today, however, numerous employers ...

The Cyprus government on Monday, November 25, will offer new 13-week Treasury Bills (T-bills), set to mature on 28 February 2025. The annualised yield for the new issuance is expected to range between 2.95 ...

The AI Future Hub, a thriving AI-focused community with over 3,000 members, is hosting an Unconference as part of the AI Paphos Summit in Paphos, Cyprus. The event, taking place on ...

The Research and Innovation Foundation (RIF) lead a delegation of over 40 participants from Cyprus, including 18 startups and scaleups, at Slush 2024, according to an official announcement released on Thursday. Slush is ...