Business

Half of Cyprus’ hotels are open this festive season, offering special programmes for Christmas and New Year, according to Thanos Michaelides, president of the Cyprus Hoteliers Association (Pasyxe). Speaking to ...

The Cyprus Shipping Chamber (CSC) announced that its director general Thomas Kazakos, has been appointed secretary general of the International Chamber of Shipping (ICS). This makes Kazakos the first Cypriot ...

Thousands of people will benefit from the expected reductions in some banks charges and preferential interest rates for vulnerable groups that banks are set to announce by the end of ...

As the bull market heats up, IntelMarkets (INTL) is positioning itself as one of the leading candidates to become the next 100x coin. The platform’s rapid momentum is drawing ...

The Paralimni-Deryneia Municipality has joined forces with the Cyprus Sustainable Tourism Initiative (CSTI) to promote sustainable practices in the tourism sector. According to an announcement released this week, this partnership ...

The Cyprus Stock Exchange (CSE) announced on Wednesday the introduction of a market maker framework. The new framework, the CSE explained, aims at “enhancing the liquidity of listed securities and ...

Financial technology provider payabl. on Wednesday announced that it has partnered with the Limassol municipality to support the social market initiative. This initiative delivers essential aid to residents in need ...

The Cyprus Securities and Exchange Commission (CySEC) has rolled out a revamped website aimed at improving navigation, accessibility, and features for regulated entities, investors, and the wider public. “The redesigned ...

Cyprus is set on becoming a leading voice in maritime policy and bolstering its reputation as a global shipping hub, Shipping Deputy Minister Marina Hadjimanolis said during an event in ...

The Cyprus Chamber of Commerce and Industry (Keve) this week announced the creation of the Cyprus-Uzbekistan Business Association. The chamber stated that the new association is part of its “continuous ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday called on Cypriot banks to reduce loan interest rates and associated charges, following recent developments in the financial sector. Keve’...

The Financial Conduct Authority has outlined proposals for a new platform to enable trading in shares of privately-owned firms under plans to invigorate Britain’s lacklustre capital markets and encourage ...

Britain’s competition regulator cleared Carlsberg’s (CARLb.CO) deal with soft drinks maker Britvic (BVIC.L) on Tuesday, saying it would not refer the $4.23 billion transaction for an in-depth ...

German companies feel pessimistic about the new year, with only 12.6 per cent expecting business conditions to improve in 2025, according to a poll by the Ifo institute of some 8,000 firms. “No ...

As the crypto market gears up for another thrilling altcoin season, investors are on the hunt for projects poised to deliver substantial returns. While Ethereum (ETH) remains a dominant force, ...

British pay rose by more than expected in the three months to October, official data showed on Tuesday, prompting investors to further rein in bets on Bank of England interest ...

Swedish businessman and philanthropist Sievert Larsson has awarded scholarships totalling €20,000 to students at the Cyprus University of Technology (Tepak). According to an announcement released on Tuesday, the scholarships, each worth €1,000, ...

Cyprus’ financial sector is undergoing a significant transformation as digital banking technologies, fintech partnerships, and sustainability initiatives reshape operations and redefine customer experiences. According to Stella Mourouzidou Damtsa, Manager Segments &...

Limassol port manager DP World Limassol on Tuesday announced that it has secured a major vehicle transhipment deal, describing it as “a significant milestone” for the multipurpose terminal. “This is ...

The €170 million expansion plans for Larnaca and Paphos airports are now open for public consultation, with feedback invited until January 15, 2025. Hermes Airports, the operator under a long-term concession agreement, said ...

A new record high number of passengers passing through the Republic of Cyprus’ airports has been set this year, with it projected that more than 12 million people will have taken ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday called on Cypriot banks to reduce loan interest rates and associated charges, following recent developments in the financial sector. Keve’...

Invest Cyprus on Monday announced the launch of a series of strategic meetings with regional and local authorities aimed at mapping and promoting investment projects that are open to foreign ...

The Central Bank of Cyprus (CBC) on Monday released its late report on interest rates across all monetary financial institutions (MFIs) for the month of October. According to the CBC, ...