Business

Hellenic Bank this week announced the launch of a new initiative designed to support first-time homebuyers in Cyprus. The “First-time Homeowners” scheme offers reduced interest rates for the initial three ...

The assets of investment organisations in Cyprus increased by 0.9 per cent during the second quarter of 2024, according to a report released on Friday by the Central Bank of Cyprus (CBC). ...

Exploring the importance of financial education in navigating modern economic challenges Financial literacy is not a new concept, although it has only come into vogue in the last three decades ...

A unique IP-building framework aims to revolutionise the entertainment industry Mad Crusader, a Cyprus-based game intellectual property (IP) incubator, this week announced that it is accepting enrollment applications for the ...

Chairman of the Cyprus Energy Regulatory Authority (Cera) Andreas Poullikas has handed in his resignation, which reportedly has nothing to do with major energy issues still pending, the finalising of ...

British retail sales edged up in July, boosted in part by extra spending due to the men’s Euros soccer championship, official figures showed on Friday, after an unusually cool ...

Education ministry’s new curriculum aims to make the next generation financially savvy Concerns about low financial literacy among Cypriots prompted the ministry of education to introduce a lesson about ...

The dollar hovered not far from a two-week high to the yen on Friday after its biggest one-day gain against major peers in four weeks as firm US economic data ...

Oil prices were set for a second straight week of gains despite edging lower on Friday, as recent US economic data boosted optimism about demand from the world’s top ...

Empowering youth through financial literacy: the key to personal and professional growth Marigeorgia Voskaridou is dedicated to fostering growth, firmly believing that every individual has the inner power to reach ...

The number of companies that set up base in Abu Dhabi’s financial centre ADGM increased by 31 per cent in the first half of the year as the likes of ...

Starbucks (SBUX.O) tapped Chipotle Mexican Grill’s (CMG.N) head Brian Niccol earlier this week to lead the coffee giant known for its pricey lattes amid pressure from activist ...

Paramount Global (PARA.O) has begun laying off 15 per cent of its workforce in the United States, starting Tuesday, as part of its planned job cuts, the media giant said ...

On Holding beat analysts’ estimates for second-quarter revenue this week on strong demand for its shoes and apparel from customers looking for trendy products, but shares fell about 3 per cent ...

Ukraine will need $20 billion in investments to develop its renewable power sector under a plan which seeks to boost its share in the country’s energy mix to 27 per cent ...

How venture capital can help transform Cyprus’ startup landscape By Andreas Panayi Despite the progress and momentum Cyprus has built over the past few years, it’s undeniable that our ...

Balancing art and science in startup appraisal – insights from a veteran investment banker By Chris Droussiotis In one of the numerous conferences I attended in Cyprus, I engaged in an ...

AI PCs accounted for 14 per cent of all personal computers shipped in the second quarter with Apple (AAPL.O) leading the way, according to research firm Canalys, as added artificial ...

Global sales of fully electric and plug-in hybrid vehicles rose by a yearly 21 per cent in July, thanks to China’s strongest growth this year and despite dropping demand in ...

Danish brewer Carlsberg (CARLb.CO) this week lifted its full-year organic growth outlook despite posting weaker-than-expected sales for the second quarter. The company said it now expects full year organic ...

German investor morale darkened more than expected in August, posting its strongest decline in two years, the ZEW economic research institute said this week. The economic sentiment index fell to 19.2 ...

Eschatology Entertainment, a PC and console game development studio based in Nicosia, on Wednesday announced the closing of an $11.3 million investment round led by KRAFTON, with GEM Capital and The ...

A surge in demand for gold from inflation-stricken Turkey boosted exports of jewellery from Italy’s industrial district of Arezzo in Tuscany, data showed this week, offsetting a drop in ...

From basic concepts to advanced strategies: the Freedom24 approach to investor education Olga Milko, the Business Development Director at Freedom24, spoke to the Cyprus Mail about the growing importance of ...