Business

Dubai has suspended a tax of 30 per cent on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retailers said ...

Until recently we believed that title deeds issued by the Republic had the correct area registered and that citizens could rely on them. However, it seems that suddenly at some ...

Spending on digital transformation projects is expected to more than double over the next four years in Turkey, the Middle East and Africa, according to a report released this week ...

Taiwan will plough an extra T$380 billion ($12.43 billion) in tax revenue back into the economy in 2023 to help protect the island from global economic shocks, including subsidies for electricity prices, ...

Every cloud has a silver lining. So whether or not the sun sets on cryptocurrencies, its underlying technology, blockchain, has a bright future beyond just coins. By Tom Cassauwers Sam ...

Binance’s $1 billion acquisition of bankrupt crypto lender Voyager Digital could be delayed or blocked by a US national security review, according to a Friday bankruptcy court filing. The crypto ...

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth – the United States, Europe and China – all experience weakening activity, ...

Cybersecurity spending continued to grow in the third quarter of 2022, with the segment expanding by 15.9 per cent year-on-year during this time, reaching a total of $17.8 billion, a report by industry ...

British annual house price growth marked a further “sharp” slowdown in December, mortgage lender Nationwide said, ending the year on a downbeat note as the impact of surging mortgage costs ...

Fidelity funds slashed the value of their Twitter stake by 56 per cent in November, according to a monthly disclosure by the investment firm released on Friday, as the social media ...

A judge has set Jan. 3 for the first pre-trial hearing in the Biden administration’s case against Microsoft (MSFT.O) over its $69 billion bid to take over “Call of Duty” ...

Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this from adding to already high inflation, ECB President Christine Lagarde told a Croatian ...

In 2022 the Larnaca tourism board (Etap) carried out actions aimed at the quality upgrade and enrichment of the city’s tourism product and its marine protected area, it said in ...

Tourists from Switzerland, the US, Norway and Austria were the biggest spenders in Cyprus, which saw its tourism revenue for October amount to €319.8 million, figures from the statistical service revealed. ...

The outgoing year saw a number of key events in Cyprus’ economy and business world, ranging from domestic legislation to influential international incidents By Kyriacos Nicolaou Resilience amidst adverse conditions ...

The average gross monthly earnings of employees in Cyprus marked a 5.3 per cent year-on-year increase in the third quarter of 2022, according to a report released this week by the Cyprus ...

Orbeon Protocol (ORBN), Solana (SOL), and Toncoin (TON) are three cryptocurrencies that are gaining attention from investors and analysts as potential top performers in 2023. ORBN, in particular, is drawing attention ...

Global hedge funds are set to register their worst returns in 14 years in 2022 after aggressive US interest rate rises hit asset prices hard, however, their declines are overall smaller than ...

The co-founder of Russian internet giant Yandex (YNDX.O), Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring that could see ownership ...

The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on market pricing at the time of transfer on a temporary basis ...

Cyprus provides many opportunities for investment in all areas of the business spectrum and can help strengthen India’s economic and social relations with the European Union, said Foreign Minister ...

Greek lender Eurobank Ergasias on Friday announced a new acquisition of shares in Hellenic Bank, further increasing its stake in Cyprus’ second largest lender. Eurobank S.A., a subsidiary of “...

Cyprus’ tourism revenue for the period between January and October 2022 reached 90 per cent of those recorded in 2019, despite arrivals reaching 80 per cent of those recorded during that year, according to ...

Crypto miner Argo Blockchain (ARB.L) said on Wednesday it will sell its mining facility Helios for $65 million and refinance a new asset-backed loan as it seeks to avoid bankruptcy, ...