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.
Mergers and acquisitions (M&A) have long been an important tool for companies looking to grow, streamline operations, or enter new markets. Successful M&A is often a ...
Paphos is set to experience its best flight schedule in 30 years, according to Nasos Hadjigeorgiou, the head of the Paphos Regional Board of Tourism (Etap).
In statements made to the ...
Interest rates for housing loans increased by 1.25 per cent in March 2023, compared to February 2023, according to the most recent data published by the Central Bank of Cyprus (CBC).
The rise ...
The number of bad checks registered in Cyprus in April 2023 rose to 35, according to an announcement released on Monday by the Central Bank of Cyprus (CBC).
The CBC’s data ...
New loans in Cyprus increased in March 2023, reaching a total of €922.5 million, up from €527.5 million in the previous month, according to data released by the Central Bank of Cyprus (CBC).
...
Chip designer Qualcomm Inc (QCOM.O) said on Monday it would buy Israel’s Autotalks Ltd that makes chips used in technology aimed at preventing vehicle crashes, as the US ...
The Aphrodite reservoir offshore Cyprus has a part to play in meeting growing global demand for natural gas, a senior Israeli energy executive has said.
Yossi Abu, CEO of NewMed ...
Istanbul barber Hakim Ekinci, a long-time supporter of Tayyip Erdogan, won’t be voting for the president next Sunday, blaming his economic policies for eroding Turks’ purchasing power and leaving ...
German industrial production fell more than expected in March, partly due to a weak performance by the automotive sector, spurring again recession fears in Europe’s largest economy.
Production decreased ...
A crypto project must bring something new to the table and possess a solid foundation, utility, and upside potential to succeed. And Tradecurve.io fits that description to a tee! ...
Quadcode, an international fintech company with offices in Cyprus, the UAE, England, Gibraltar and Australia, recently shared its experience in establishing an IT tech hub in Cyprus, by relocating more ...
German business software maker SAP (SAPG.DE) and German engineering company Siemens (SIEGn.DE) have joined US tech giants in criticising draft EU laws on the use of data generated ...
Now investors are beginning to see the benefits of investing in assets with cryptocurrencies. Not that this option was available previously, but with new tokens like Yachtify, it’s provided ...
The dollar began the week under pressure on Monday, with traders betting it might have peaked along with US interest rates, and selling it against peers that seem to have ...
It is no longer news for those that have been in the crypto industry for quite a while that the market usually has its fair share of downtimes. Although 2023 could ...
Oil prices rose on Monday as fears of a recession in the US, which drove prices down for three straight weeks for the first time since November, started receding.
Brent ...
The meme coin market has produced some astonishing success stories, with investors transforming modest sums into fortunes. One such investor recently turned a $4,410 investment in Pepe Coin into nearly $1 million. ...
The Kinisis Ventures (KV) Fund I and Host Trust, the investment vehicle of the Kulik family, long-time partners of MGD Heroes Made, on Monday announced that they are making a ...
If you are following the news of the crypto world, you would have heard about Collateral Network (COLT), which has stunned analysts with its presale performance. The market value of ...
The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released on Monday by the Department of Land and Surveys.
In ...
After a long battle with the bears in the crypto space, the bulls are finally beginning to get hold of the crypto markets, as can be seen in the significant ...
The markets have seen a drop, which startled bulls but resulted in ‘I told you so’ nods from bears. The market downturn has taken its toll on EOS (EOS) and ...
Volatility is a major issue in the cryptocurrency market; more and more coins are facing further declines in May. Two of the top DeFi projects by market cap, Polygon (MATIC) ...
If Turks oust President Tayyip Erdogan in elections this month it will largely be because of an economic reversal that saw their prosperity, equality and ability to meet basic needs ...