Business

The World Bank has granted Lebanon a $250 million loan aimed at helping alleviate persistent power cuts worsened by last year’s war between Israel and Hezbollah, the country’s finance ...

The Mall of Engomi (ME) Plc has reported a robust financial turnaround for the year ended December 31, 2024, recording a profit after tax of €1.13 million, a sharp reversal from the €347,635 loss ...

The Cyprus Stock Exchange (CSE) has officially announced the admission of a new issue of government treasury bills, in accordance with Article 58(1) of the Cyprus Securities and Stock Exchange Law. ...

The Mall of Cyprus (MC) Plc this week reported a strong financial performance for the year ended December 31, 2024, with net profit after tax reaching €10.46 million, up from €9.67 million in 2023. The ...

Cyprus recorded a positive economic growth rate of 3.4 per cent in real terms for 2024, with its gross domestic product (GDP) reaching €33.57 billion at current prices. In addition, according a report ...

Greek shipping executives continue to set the global benchmark for maritime expertise, a reputation that sees international organisations consistently turning to them for leadership. One of the latest examples is ...

Cyprus is set to slightly revise its growth forecast for the Medium-Term Fiscal Framework, Finance Minister Makis Keravnos said on Wednesday. Speaking to the Cyprus News Agency (CNA), Keravnos pointed ...

The cryptocurrency market shows intense interest in Mutuum Finance (MUTM) which has obtained $7 million during the presale stage while pulling in 8,400 holders through its phase 4 price of $0.025. Dogecoin (DOGE) maintains ...

The cryptocurrency market shows intense interest in Mutuum Finance (MUTM) which has obtained $7 million during the presale stage while pulling in 8,400 holders through its phase 4 price of $0.025. Dogecoin (DOGE) maintains ...

Mutuum Finance (MUTM) has been a presale success by gathering $7 million while gaining over 8,400 investors. Phase 4 of the sale runs at $0.025 price so far 416 million tokens have already been purchased. ...

In the heart of the island, where history meets modernity, Nicosia offers far more than just administrative prestige. It’s a hub of education, business, and vibrant community life. From ...

As Cypriots gear up for a record-breaking year of travel, the 26th Travel Expo Cyprus kicks off in Nicosia on Friday, April 25, bringing together airlines, tour operators and tourism bodies ...

Cyprus recorded a positive economic growth rate of 3.4 per cent in real terms for 2024, with its gross domestic product (GDP) reaching €33.57 billion at current prices. In addition, according a report ...

Americans elected President Donald Trump in hopes that he would fight inflation and boost the U.S. economy, but as he approaches his 100th day in office they are giving ...

Cyprus is set to expand its energy infrastructure with new storage facilities and power generators, Giorgos Petrou, president of the Cyprus energy regulatory authority (Cera) confirmed on Wednesday. According to ...

Cyprus Airways on Wednesday announced the addition of a fourth Airbus A220-300 aircraft to its fleet. In its announcement, the company said the aircraft reflects its commitment to sustainable ...

Alter Ego Media, through its venture capital arm Alter Ego Ventures, has acquired a 1 per cent stake in CH Game Development Software Limited, investing €110,000 in the Cyprus-based eGaming company. The ...

The Cyprus Stock Exchange (CSE) on Wednesday announced a number of changes to its major indices, following the suspension of trading in the shares of Salamis Tours (Holdings) Public Ltd. ...

Oil prices climbed more than 1 per cent on Wednesday, extending the prior day’s gains, as investors weighed a fresh round of US sanctions on Iran, a drop in US ...

Cyprus-based Aloha Browser on Wednesday announced the launch of Snips, a groundbreaking AI-powered feature. The new feature is designed to simplify web browsing by eliminating the chaos of excessive open ...

Chairman of the Cyprus Property Developers Association Υiannis Misirlis on Wednesday praised the contribution of the real estate sector to the economy, and defended it from sweeping allegations of bad ...

The International Monetary Fund (IMF) on Tuesday revised down its forecast for Cyprus’ economic growth, projecting a rate of 2.5 per cent of GDP in 2025. This is significantly lower than its ...

Limassol is entering the most demanding phase of its European Capital of Culture 2030 campaign, with a clear focus on delivering an ambitious yet realistic programme, according to Andreas Pittas, chairman ...

The European Central Bank could hit its 2 per cent inflation target in the coming few months but the broader economic outlook is far too uncertain for the bank to provide ...