Stay informed with the latest business and economy news from Cyprus and around the globe. This section covers key developments in finance, energy, tourism, technology, entrepreneurship and the corporate sector.
Andreas Neocleous has announced that he will step down as chief executive officer of Cypriot telecoms company Cyta at the end of August.
In a message to staff, the company ...
The Deputy Ministry of Tourism has launched a tender for hotel rooms in Nicosia to accommodate thousands of delegates expected during Cyprus’ presidency of the Council of Europe from January ...
BrainRocket expected to stay in Cyprus after president intervenes
Israeli-owned BrainRocket will not be leaving Cyprus after all, following direct intervention by President Nikos Christodoulides, who met company officials to ...
Greece continues to attract high demand for travel throughout the autumn, with TUI AG, the largest European tour operator, confirming the country remains a top choice for Europeans.
The German ...
Eurobank has acquired 1,334,684 of its own shares between August 11-14, according to an announcement released this week.
The bank reported that the average purchase price per share was €3.45, with a ...
Hotel bookings in Paphos have slowed sharply as recent wildfires have unsettled travellers, according to Evripides Loizides, president of the Paphos hoteliers association.
Speaking to the Cyprus News Agency (CNA), ...
Alpha Bank has completed a series of corporate workshops in Athens, Thessaloniki and Heraklion, Crete, with the participation of more than 100 individuals from nearly 70 companies.
The informative events, which will ...
The National Bank of Greece has acquired 300,000 of its own shares during the period from August 7 to August 14, at a weighted average price of €13.1384 per share, with a total cost ...
British manufacturers have suffered a fresh setback with orders falling heavily in the three months to August and further weakness expected ahead, according to a survey published on Thursday by ...
Every bull market has its window. A brief, quiet moment when the story is still forming, the numbers look too small to matter, and the opportunity feels — almost deliberately — easy ...
Toncoin (TON) recently saw a 4.9% gain, reaching $3.22, drawing attention from traders looking for solid returns. However, for those closely following the crypto market, the conversation is quickly shifting toward projects ...
The Transmission System Operator (TSO) on Thursday said it is working with the Electricity Authority of Cyprus to push forward, where possible, applications by businesses wanting to set up energy ...
Ethereum (ETH) proved one truth above all: when you give people a platform, not just a coin, you change the world. From DeFi to NFTs to DAOs, ETH turned a ...
The race to identify the next $1 crypto coin is intensifying as analysts scan the market for undervalued tokens with strong growth potential. While many investors are cautious due to recent ...
A Russian state-backed messenger application called MAX, a rival to WhatsApp that critics say could be used to track users, must be pre-installed on all mobile phones and tablets from ...
coin (BTC) has been inching higher, posting a modest 1.9% rise over the past week, but seasoned investors are looking beyond the majors to uncover projects with sharper upside. While BTC ...
Low cost air carrier Ryanair has expressed anger over what it described as a chaotic European Air Traffic Control (ATC) system following delays on 12 of its flights at Athens airport ...
Relocating a business is a big step that brings both opportunities and challenges. While the move can open doors to growth, the costs involved often create unnecessary stress. If you ...
Oil prices rose 1 per cent on Thursday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support.
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The Eratosthenes Centre of Excellence (CoE) this week announced the launch of Space BIC, a specialised business incubation centre to support space-based entrepreneurship in Cyprus.
According to the announcement, the ...
Cypriots rated their satisfaction with their financial situation at 6.4 out of 10 in 2022, up from 5.2 in 2013 and 6.1 in 2018, according to figures from Eurostat released on Thursday.
The figure leaves Cyprus just ...
The Cyprus Shipping Deputy Ministry has announced the launch of the Cyprus Shipping 1-stop-shop Portal (CYSh1P), a new digital platform designed to centralise and streamline all maritime services offered ...
Hotel bookings in Paphos have slowed sharply as recent wildfires have unsettled travellers, according to Evripides Loizides, president of the Paphos hoteliers association.
Speaking to the Cyprus News Agency (CNA), ...
The Eastern Mediterranean has the potential to become a significant hub for the production and export of hydrogen, according to a recent mathematical forecasting study by Frederick University’s H2...