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.
A Donald Trump victory in the race for the White House is widely seen as bullish for European defence stocks, given his warnings to scale back US military support in ...
A business association urged parliament on Monday to quickly pass an EU regulation that has to do with the screening of direct foreign investment in Cyprus, noting that the island ...
The savings rate in Cyprus has experienced a decrease, according to preliminary estimates of key macroeconomic indicators from the national accounts for 2023.
According to the data, the gross disposable income ...
The Hotel Professionals of Cyprus (Pasydixe) on Monday appointed Polis Kallis as its first general manager, according to an official announcement.
The announcement explained that the new role is aimed ...
Central Bank of Cyprus (CBC) governor Christodoulos Patsalides on Monday highlighted the importance of taking a forward-looking approach to assessing individual risks, combined with a thorough analysis of the prevailing ...
The Cyprus Securities and Exchange Commission (CySEC) has announced that it has suspended trading of shares for Toxotis Investments Public Ltd on the Cyprus Stock Exchange (CSE).
According to an ...
Cyprus and Egypt are set to deepen maritime collaboration through a joint commission, established during Deputy Shipping Minister Marina Hadjimanolis’ recent visit to the country.
The October 29 to 31 visit, made ...
Imagine securing your dream home with just a $900 investment. These 5 cryptocurrencies are positioned for explosive growth by 2026, offering the potential for life-changing returns.
Dogecoin (DOGE)
Dogecoin is a digital asset ...
Deputy Tourism Minister Kostas Koumis will lead a delegation to London on November 5-7 for the World Travel Market (WTM), according to an official announcement.
The objective of participating in ...
Despite the doom and gloom presently dominating the cryptocurrency landscape, many investors speculate on whether their fortunes lie with familiar coins such as Dogecoin (DOGE), Polygon (MATIC), or rising tokens ...
The management committee of apartment buildings is legally obliged to insure the jointly owned building and keep it insured at all times against fire, lightning and earthquake, with a licensed ...
Networking has always acted as a catalyst for growing and developing businesses, but networking methods and quality have evolved over the past decades. The changing of the times has practically ...
The rise of online shopping has led to swathes of store closures, casting doubt over the future of retail malls and high streets, but in Europe there are signs that ...
By Austin Kay
As the world races to meet net-zero targets, emissions from all industrial sectors must be reduced more urgently than ever. Agriculture is an important area of focus ...
The European Union will invest 1.4 billion euros ($1.5 billion)next year to support the region’s deep tech research sector, as Europe aims to try and keep up with world leaders ...
Nigeria based fintech Moniepoint has raised $110 million in new funding from investors including Google to scale up digital payments and banking solutions across Africa, the company said in an announcement.
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Here are the top business stories in Cyprus from the week starting October 28:
Financial support and advisory services are essential for Cyprus’ small and medium-sized enterprises (SMEs) to enhance resource ...
By Simone Tagliapietra and Cecilia Trasi
It has become clear that the European Union’s pursuit of a triple goal of decarbonisation, competitiveness and security requires better integration of the ...
Shares of online ad sellers surged earlier this week as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands ahead of the crucial holiday shopping season.
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At one of the world’s biggest bulk export ports in Western Australia, shippers safely completed the first transfer of ammonia from one vessel to another last month, a key ...
Brazil’s Collective Defense Institute, a consumer rights group, has filed two lawsuits demanding 3 billion reais ($525.27 million) from the Brazilian units of TikTok, Kwai and Meta Platforms (META.O) for ...
The Retail Trade Turnover Value Index in Cyprus saw a 3.1 per cent increase in September 2024 compared to the same month in 2023, according to a report from the Cyprus Statistical Service.
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Regular electricity bill payers will not subsidise the additional reduced rates paid by vulnerable groups, Energy Minister George Papanastasiou said on Saturday.
Moving to address rumours that forthcoming increases in ...
By Charles Ellinas
Eurostat has just published its report on EU electricity price statistics for the first half of 2024. A subject close to the heart of long-suffering Cypriot electricity consumers. ...