Business

The Russian rouble weakened beyond the 110 mark to the US dollar on Wednesday, a threshold that some analysts believe could prompt authorities to take action to support the currency, which ...

Cyprus and Greece must focus on sustainability to enhance their tourism offerings, according to Deputy Tourism Minister Costas Koumis. Speaking at the 2nd Cyprus-Greece Business Forum on Wednesday, Koumis underlined ...

European authorities this week confirmed Cyprus’ financial and economic stability in their 17th post-programme surveillance mission. The latest report, released on Tuesday from the European Commission, European Central Bank (ECB), ...

The UK’s Leus Developments is completing several projects in Limassol. With two sites finished and already rented out, and two more being completed over the next two years, we ...

Dozens, possibly hundreds, of Bank of Cyprus customers received letters in the post over the past few weeks warning them that they would lose their accounts if they did not ...

Energy infrastructure company VTTI celebrated ten years of operations in Cyprus, marking a decade as a key player in the Eastern Mediterranean energy market. The milestone was highlighted in an ...

Cyprus is expected to record the third highest growth rate in the Eurozone with 3.8 per cent for 2024, while unemployment, inflation and public debt continue their downward trend. Addressing the second ...

Black Friday is no longer just a retail phenomenon, having grown into a significant economic indicator influencing stock market performance, according to international online broker Freedom24. The annual shopping event, ...

The board of the World Federation of Tourist Guide Associations (WFTGA), led by its president, Sebastian Frankenberger, is currently in Cyprus to advance international training programmes and discuss industry developments. ...

CFA Society Cyprus this week highlighted a series of initiatives led by its president Nikos Potamaris, following the election of its new board of directors in July of this year. ...

Fitch Ratings projects limited fiscal improvement across European countries, citing uneven adjustments in debt reduction and growth trajectories. However, the agency mentioned that Cyprus continues to stand out with a ...

Britain’s government has announced that it plans to increase access to mental health support and to reform job centres as part of its push to get more people back ...

Nissan Motor (7201.T) is looking for a long-term investor, such as a bank or insurance group, to help it replace some of Renault’s (RENA.PA) diluted stakeholding, the Financial ...

Investors dusted off their trade war playbooks on Tuesday, confident their portfolios were better-prepared for Donald Trump this time after the US President-elect took to social media and pledged new ...

The Startup Universe Greece 2024 returns for its 4th consecutive year, continuing its mission to support and empower Greek startups. The programme connects a new generation of Greek startup founders with ...

TechIsland, is delighted to announce that payabl., a global leader in fintech innovation, has become one of the association’s Donors. payabl. has been one of TechIsland’s earliest members ...

Fitch Ratings projects limited fiscal improvement across European countries, citing uneven adjustments in debt reduction and growth trajectories. However, the agency mentioned that Cyprus continues to stand out with a ...

Cyprus showcased a range of traditional products at the 7th China International Import Expo in Shanghai, offering free samples of juices, wine, commandaria, zivania, and halloumi. The event, held from ...

The International Air Transport Association (IATA) has condemned a recent decision by the Spanish government to eliminate cabin baggage fees for passengers. The Spanish government also imposed fines totalling €179 million ...

Oil prices edged higher in early trade on Tuesday after falling in the previous session as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil’...

The dollar rallied on Tuesday while European shares fell after US President-elect Donald Trump pledged tariffs on all imports from Canada and Mexico, and additional tariffs on China. European equities ...

Eurobank, already holding a majority stake in Hellenic Bank, is set to complete a full acquisition in a deal worth approximately €1.2 billion, making it one of the largest cash transactions ...

The Pancyprian Cooperative Promotion Society unveiled its roadmap for establishing a new nationwide cooperative bank during a Monday evening event in Limassol, under the theme of ‘One for all and ...

The Cyprus Hotel Association (Pasyxe) on Tuesday announced the appointment of a new director general Christos Angelides to replace Philokypros Rousounides who had held the post for the past five ...