#business

Britain’s financial watchdog was accused in London’s High Court on Tuesday of unlawfully failing to help thousands of people excluded from a 2.2 billion-pound ($2.8 billion) bank redress scheme relating ...

Short-termism has become a dominant feature of the investment landscape. Amid market volatility, geopolitical tensions and an overwhelming flow of news, staying focused on the bigger picture has become more ...

The Association of Cyprus Banks on Tuesday expressed its readiness to adjust interest rates tied to the European Central Bank’s (ECB) base rate immediately after the ECB’s forthcoming ...

GDEV, a global gaming company based in Limassol, recently teamed up with InvestGame to examine the IPO landscape of 87 gaming firms with a combined valuation exceeding $350 billion. The gaming sector, ...

Cyprus saw its trade deficit shrink to €6.37 billion in January–October 2024, a significant reduction compared to €7.56 billion during the same period in 2023. The improvement reflects a 12.3 per cent drop in ...

The Paphos Chamber of Commerce and Industry (Evep) hosted a meeting on Friday with Liu Kai, the Commercial Counsellor of the Chinese Embassy in Cyprus, to explore potential collaborations between ...

Cyprus contributed just €259 million to the European Union budget in 2023, receiving €393 million in return. This positions the island country as a net beneficiary, reflecting broader financial imbalances across member states, ...

The Bank of Cyprus on Tuesday announced that it has been awarded the title of Bank of the Year in Cyprus for 2024 by The Banker, a leading international banking and ...

The Central Bank of Cyprus (CBC) on Tuesday announced key deadlines for the implementation of the EU Instant Payments Regulation. The EU’s Instant Payments Regulation is a new regulation ...

Founded by Kyrillos Akritidis and Murad Salikhov, Schwarzwald Capital is a Cyprus-based venture capital firm that has a distinct focus on fintech and the creator economy. Akritidis spoke to the ...

The European Consumer Centre (ECC) Cyprus achieved a consumer satisfaction rate of 94.44 per cent for its case-handling services in 2023, according to its annual report. The majority of complaints (54 per cent) ...

France and Germany’s political crises are a setback for efforts to modernise Europe’s struggling economy and are already making it harder for companies to take the investment decisions ...

The Famagusta regional tourism board (Etap) recently held a meeting with representatives of EasyJet Holidays, the holiday division of the low-cost airline, it was announced on Monday. The meeting, which ...

Demand for workers in Britain collapsed last month after the new Labour government’s first budget, a survey published on Monday showed, adding to other signs of the impact of ...

Japan’s bankruptcy filings this year are set to surpass 10,000 and hit the highest since 2013, private-sector data by Tokyo Shoko Research (TSR) showed on Monday, ahead of a closely watched ...

Smart investing comes down to a few key principles that when linked to an individual’s financial goals ensures preparedness and peace of mind. With the rise of digitalisation and ...

Motor vehicle registrations in Cyprus rose by 10.1 per cent from January to November 2024, with the growing popularity of electric and hybrid vehicles driving the market shift. According to the statistical ...

Limassol topped Cyprus’ property market from January to September 2024, leading in sales values for houses and apartments, according to a report from Nicosia-based firm Landbank Analytics.  The report, which reviewed ...

Research and Innovation Foundation (RIF) director general Theodoros Loukaidis was recently presented with the Athenian Glaive award in Athens. According to an official announcement released on Monday, the RIF chief ...

Shares in Turkish construction and cement companies surged on Monday, buoyed by expectations that they will benefit from rebuilding in Syria after rebels overthrew President Bashar al-Assad. Turkey will work ...

The Famagusta regional tourism board (Etap) recently held a meeting with representatives of EasyJet Holidays, the holiday division of the low-cost airline, it was announced on Monday. The meeting, which ...

Cyprus Chamber of Commerce & Industry (Keve) president Stavros Stavrou is set to deliver a speech addressing key economic and business issues at the chamber’s annual general meeting on ...

The Lloyd’s List Greek Shipping Awards 2024 brought together hundreds of industry leaders in Athens, celebrating the achievements of local and international shipping. Deputy Minister of Shipping Marina Hadjimanolis attended ...

Antony Barnett, Chief Executive Officer of Limassol-based Network Financial Services (NFS), is no stranger to the delicate balancing act of financial planning. With a career that spans years of experience, ...