Business

The 5-Star luxury St Raphael Resort and Marina is situated on one of the best and largest Blue Flag accredited beaches on the east side of the lively cosmopolitan city ...

The Central Bank of Cyprus (CBC) said on Saturday that all necessary precautionary measures have been taken to minimise any impact of the war in Ukraine on the Cypriot financial ...

As part of its Corporate Social Responsibility (CSR), Hellenic Bank emphasises on sustainable practices and supporting ‘green’ initiatives and businesses. Cognisant of its responsibility to the environment and the community, ...

Founded in 2016 as a non-profit association, CSR Cyprus aspires to be the leading professional network in Cyprus, driving and empowering the changes towards corporate sustainability and responsibility CSR Cyprus is ...

‘The principles of sustainability are not new to Cyta; they make part of its DNA. Mindful of the need to protect the environment from the emissions of its business operation, ...

‘Helping organisations grow in a sustainable way through positive social and environmental impact’ Please introduce yourself, and your organisation. “I am the founder and managing director of Grow Sustainability Consulting. ...

Creating long-term value in the ecological, social, and economic environment “Although the challenge of environmental sustainability can be overwhelming, companies that develop stellar sustainability practices now will be more resilient ...

Non-performing loans (NPLs) remained virtually unchanged in November, reaching € 4.24 billion from € 4.26 billion the previous month, according to a report by the Central Bank of Cyprus released on Friday. In contrast, ...

Targeted actions are being taken to promote Cyprus in the United Arab Emirates, including an event held in collaboration with the Abu Dhabi Chamber of Commerce & Industry, national promotion ...

By Maria Demertzis In the 2020 revision of monetary policy strategy, the US Federal Reserve adjusted the pursuit of an inflation rate at 2 per cent, to inflation that ‘averages 2 per cent ...

This project has been continuously in the limelight during the last few weeks, but, worryingly, for the wrong reasons. Following many questions about the lack of progress, significant schedule slippage ...

The impact of the war in Ukraine on an economy already struggling with rising prices was at the focus of a meeting on Friday between the leaderships of left-wing Akel ...

Ukraine, which is locked in a security crisis with Russia, has seen growing investment from China in recent years. China has a strategic interest in Ukraine because of its location, ...

Oil prices jumped on Friday by nearly 3 per cent on concerns of global supply disruptions from the impact of trade sanctions on major crude and fuel exporter Russia after it ...

French Finance Minister Bruno Le Maire said on Friday the option of cutting off Russia from the SWIFT global interbank payments system remained open, but that he viewed this only ...

Russia has spent the past seven years building up formidable financial defences, yet in the long run, its economy is unlikely to withstand the onslaught of coordinated sanctions from the ...

RCB Bank announces a change in its shareholding structure. On February 24 2022, a 46.29 per cent stake in the share capital of RCB Bank held by VTB Bank (PJSC) was acquired by ...

By Yiannis Seitanidis The threat of severe economic sanctions was not enough to prevent Russia’s invasion of Ukraine. But the package of massive and severe sanctions is the EU’...

Cypriot financial technology company WiRE, which specialises in the property market, generating analysis, business insights and data reports, announced on Wednesday the successful completion of its seed funding round. The ...

Port management company DP World on Wednesday hosted Cypriot officials at its flagship terminal Jebel Ali Port in Dubai. Attending the site were Transport Minister Yiannis Karousos and Shipping Deputy ...

In February 2022, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESI-CypERC) increased by 3.5 points compared with January 2022. According to a press release of the Economic Research Centre of ...

Russian state-owned VTB Bank (PJSC) has transferred all its shares in RCB Bank to Cypriot shareholders, making RCB a 100 per cent Cypriot-owned bank. VTB transferred to the Cypriot shareholders the 46.29 ...

In the north German state of Mecklenburg-Vorpommern, where former Chancellor Angela Merkel was born, ties to Russia run deep – so deep, in fact, its leaders have defended a Kremlin project ...

Europe’s financial sector scrambled on Thursday after Russia invaded Ukraine, with Allianz (ALVG.DE)disclosing it had frozen its Russian government bond exposure and top British domestic lender Lloyds ...