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.
Ukrainian aerospace group Motor Sich has little to show so far for a wartime effort to woo potential partners in the West, as it seeks new direction after it lost ...
Cyprus’ dynamic research and innovation scene had a strong showing at this year’s SLUSH 2023, an innovation-driven startup event held in the heart of Helsinki every year.
The event attracted ...
The number of registered unemployed individuals in Cyprus decreased to 12,662 by the end of November 2023, according to a report released by the Cyprus Statistical Service (Cystat) on Tuesday.
The Statistical ...
From its humble beginnings in 2014 to processing almost $4.5 billion USD in approved transactions in 2023, Praxis Tech’s journey represents the best of Cyprus’ potential in the FinTech domain. Cyprus 4.0 engages ...
The hunt for the next big altcoin sensation continues in the crypto market. Renowned for their spot-on predictions with Solana (SOL) and Chainlink (LINK), a master trader has emerged, teasing ...
Israeli authorities are investigating claims by U.S. researchers that some investors may have known in advance of a Hamas plan to attack Israel on Oct. 7 and used that information ...
There is a strong likelihood of a surge in Bitcoin’s (BTC) price following anticipation over the SEC’s potential approval of a Bitcoin ETF. Meanwhile, investor enthusiasm heightens as ...
British grocery inflation slowed again in November, while the rise in the cost of a traditional Christmas dinner is tracking well below the headline rate, industry data showed on Tuesday.
...
Electronic warfare in the Middle Eastern air space is affecting civilian air travel and has the potential to affect other businesses and devices in Cyprus, it emerged on Tuesday.
The ...
The European Central Bank can take further interest rate hikes off the table given a “remarkable” fall in inflation and policymakers should not guide for rates to remain steady through ...
Rockstar Games, owned by Take-Two Interactive Software (TTWO.O), on Monday released a trailer of the latest installment of its best-selling “Grand Theft Auto” (GTA) videogame franchise, ending a years-long ...
As the Chief Marketing Officer at Adsterra, Gala Grigoreva’s role involves overseeing branding and marketing from every angle and driving product growth by fostering continuous connections between the market ...
European air travellers are experiencing airfares below the inflation rate as the aviation market stages a post-pandemic resurgence, the International Air Transport Association (IATA) recently said in an official announcement.
...
Students from the Department of Civil and Environmental Engineering at the University of Cyprus recently engaged in an educational initiative with Cyfield Group, according to an announcement released on Monday.
...
Spanish billionaire and Zara founder Amancio Ortega has bought a logistics centre mainly used by Amazon in Dublin, Ireland, for 225 million euros ($244.98 million), his investment firm Pontegadea said recently.
It ...
A digital pound should not be available in large sums initially to avoid the risk of bank runs, British lawmakers said in a report on Saturday that also highlighted the ...
Government legislation affording extra protections to distressed borrowers with their homes on the line will go the plenum for a vote later this week, it emerged on Monday.
The first ...
Outgoing Cyprus Chamber of Commerce & Industry (Keve) president Christodoulos Angastiniotis on Monday used his speech at the chamber’s annual general meeting to touch on several issues, including the ...
In a rapidly evolving financial landscape, the upcoming Forbes Cyprus Future of Fintech Summit has emerged as a key event, bringing together leaders, investors, policymakers, and experts to discuss the ...
The government on Monday confirmed having received a request by US energy giant Chevron seeking an extension to the completion of a key engineering study for the Aphrodite natural gas ...
The marinas of Ayia Napa, Rhodes, Symi and Kos announced on Monday the establishment of the Eastern Mediterranean Marinas Network (EMMN) to promote nautical tourism in the region.
“The primary ...
Tourism revenue surged by 25 per cent in 2023 compared to the previous year, potentially marking a new record, according to Deputy Minister of Tourism Costas Koumis.
Koumis had a meeting with ...
• Apply to IDEA, the largest innovation centre in Cyprus
• 89 startups and 200+ entrepreneurs
• 50+ startup awards in Cyprus and abroad
• Guidance from 70+ mentors and 40+ trainers
The constant upgrades in technology, the digital “...
The Cyprus Borrowers Association (Syprodat) on Monday released a statement expressing its satisfaction with the official launch of the mortgage-to-rent scheme, which went into effect today.
The scheme has already ...