Business

The total amount of sales conducted across Cyprus’ divide within the scope of the Green Line regulation increased by almost 13 per cent in the first six months of 2023, compared with ...

Cyprus’ construction sector has seen significant developments in the third quarter of 2023, with both price indices and production on the rise, according to a report released this week by the ...

Ex-Formula One boss Bernie Ecclestone was spared an immediate prison sentence on Thursday after he pleaded guilty to misleading Britain’s tax authority about overseas assets worth more than 400 million ...

Dogecoin (DOGE) has announced to honor the Shiba Inu dog that is behind the famous internet meme. Meanwhile, TRON (TRX) announced a new exciting partnership with GT Protocol. On the ...

Cyprus’ tourism sector is jittery as concerns are mounting that the conflict in neighbouring Israel could see its second largest market dwindle. President Nikos Christodoulides held a meeting on Thursday ...

The Cyprus Chamber of Commerce & Industry (Keve) on Thursday announced that it has partnered with the EU-Georgia Business Council and received support from the Cyprus-Georgia Business Association, in a ...

OpenAI plans to introduce major updates for developers next month to make it cheaper and faster to build software applications based on its artificial intelligence models, as the ChatGPT maker ...

A group of Japanese firms will issue a digital currency by July 2024 for the transaction and settlement of clean energy certificates, cryptocurrency exchange DeCurret said on Thursday. GMO Aozora Net ...

Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou is participating in the annual meetings of the World Bank and the International Monetary Fund (IMF), taking place this week ...

British airline easyJet (EZJ.L) said on Thursday it had reached a proposed deal with Airbus to expand its fleet by up to 257 additional aircraft, plotting its growth beyond 2028, with ...

Cyprus has reported a government surplus of €881.9 million, equivalent to 3.1 per cent of the Gross Domestic Product (GDP), according to preliminary fiscal results released by the state’s statistical service ...

Cyprus experienced a substantial improvement in its current account deficit during the second quarter of the year, which narrowed to €346.1 million from €1.04 billion in the same period last year, according ...

Exxon Mobil (XOM.N) is expected to say on Wednesday it will buy US rival Pioneer Natural Resources (PXD.N) for about $60 billion, a deal that puts it atop the ...

British employers cut their job vacancies for the first time in more than two-and-a-half years in September and reduced their hiring again, a recruiters’ industry body said on Wednesday, adding ...

The International Monetary Fund (IMF) has painted a positive picture of Cyprus’ fiscal outlook, predicting significant primary surpluses and a substantial reduction in public debt, expected to dip below the ...

Cyprus has experienced a 3.85 per cent reduction in ship management revenues for the first half of 2023, according to a survey on ship management conducted by the Central Bank of Cyprus (...

The interior ministry on Wednesday announced it will be simplifying the application process for low-risk developments through changes in the legislation. The legislation will abolish the obligation to secure a ...

The Cyprus Energy Regulatory Authority (Cera) has adopted a draft decision on the development of Renewable Energy Source (RES) projects by the EAC, with the aim of expanding RES into ...

Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due to the Middle East turmoil. Brent crude rose 25 cents, or 0.3 per cent, to $87.90 a barrel ...

The spiralling conflict with the Palestinians is set to derail a fragile recovery in Israel’s all-important tech sector, say investors and analysts, after a global slowdown and the government’...

Britain is set to have the slowest-growing economy among the Group of Seven nations next year – when the country is likely to choose a new government – according to forecasts published ...

Alpha Bank Cyprus on Wednesday announced that it has undergone a reorganisation of its management structure, combined with an expansion of its executive committee, according to a company statement. The ...

The ambassador of Finland and the mayor of Paphos confirmed their interest in building a close cooperation in the fields of tourism and culture. In a meeting held on Tuesday ...

Ariana Resources, an AIM-listed mineral exploration and development company with gold mining interests in Europe, as well as copper-gold exploration and development projects in Cyprus and Kosovo, has released its ...