Business

The European Commission is considering extending state-owned Cyprus asset management company Kedipes’ business plan until 2030, as outlined in the EU’s 17th Post-Programme Surveillance Report. The extension reflects recent performance ...

The global payments landscape is poised for transformative growth in 2025, driven by a surge in digital wallets and open banking adoption, according to a survey by payabl., a European financial ...

Monthly dividend stocks provide 12 payments per year, unlike quarterly payers like Vod LSE stocks. High-yield portfolios can generate £500+ monthly income per £100,000 invested. These securities suit retirees and investors seeking regular ...

Anymaster founder Diana Verkhoturova recently gave an interview to Forbes magazine, detailing the Cypriot start-up’s ambitious plans to establish a strong presence in Greece. Founded in 2023 in Limassol, Anymaster ...

The Cyprus Real Estate Agents Registration Council has voiced strong opposition to a proposed amendment to the Lawyers’ Law of 2024. If passed, the amendment would grant lawyers exclusive authority to ...

By Jean Burgess After Elon Musk bought Twitter (now rebranded X) in 2022, disaffected users began to seek alternatives. Alongside Meta’s Threads and the open source project Mastodon, Bluesky was ...

The unemployment rate in Cyprus decreased to 4.5 per cent of the workforce in the third quarter of 2024, according to a report published on Monday by the state’s statistical service. ...

British house prices rose at their fastest annual pace in two years in November, adding to signs of resilience in the property market despite high borrowing costs, data from mortgage ...

Eurozone manufacturing activity fell sharply last month and a further decline in demand likely dashed any hopes for an imminent recovery after the sector had showed some signs of stabilisation ...

Top oil exporter Saudi Arabia is expected to slash crude prices for Asian buyers in January to the lowest in years, largely tracking a slump in Middle East benchmark prices ...

The economy has proved resilient in the face of a challenging international environment, and is expected to do the same going forward, the Central Bank boss said on Monday. Christodoulos ...

Bernhard Schulte Shipmanagement (BSM), a third-party ship manager headquartered in Limassol, is gearing up for the FuelEU Maritime regulation, which comes into effect in 2025. The company has a fleet of ...

Limassol led Cyprus’ high-value real estate market in October, driving €34.6 million in top property sales, according to real estate analytics firm Ask Wire. The district recorded four of the ten ...

Cyprus Chief Scientist Demetris Skourides, joined by High Commissioner Nikos Panayiotou, concluded a week of strategic meetings in Singapore, strengthening partnerships and exploring AI policy frameworks to position Cyprus as ...

The unemployment rate in Cyprus decreased to 4.5 per cent of the workforce in the third quarter of 2024, according to a report published on Monday by the state’s statistical service. ...

Cyprus is well prepared for the new EU crypto assets regulation, ushering in a new era on January 1, 2025, the Cyprus Securities Commission assured President Nikos Christodoulides on Monday. Presenting CySec’...

Western sanctions imposed on Russia over its military action in Ukraine will not be lifted anytime soon, the CEO of Russia’s second largest lender VTB Andrei Kostin told Reuters ...

British business confidence ticked downwards in November to a five-month low but remained healthy overall, with companies still feeling upbeat about their trading prospects, a survey from Lloyds Banking Group ...

The Cypriot economy’s growth rate for the third quarter of 2024 is positive, estimated at 3.9 per cent compared to the same quarter in 2023, according to a report by the Cyprus ...

Black Friday delivered a small lift to retail sales in Cyprus, as a drop in temperatures and end-of-month deals encouraged shoppers to buy winter clothing, according to industry stakeholders. However, ...

Paphos mayor Phedonas Phedonos has urged Cypriot businesses to adopt a more international, export-oriented approach, saying that the island can become a starting point from which they can sell products ...

Property disputes between ex-spouses can be settled by the issuance of a court decision, but this should be conditional and leave it to them to fulfil mutual obligations towards each ...

Employee perceptions of how hedge funds handle diversity and inclusion have fallen to their lowest level since before 2021, when Reboot Financial Services began its annual report, the financial services campaigning ...

A new generation of lasers using ultrashort bursts of light is showing great potential for the sustainable manufacturing of precision parts. By Gareth Willmer German mechanical engineer and research manager ...