#BusinessTop

Photo shows the Taas refinery founded by Bondarenko and Stolyarenko How the Russian Government efforts to gain full control over Russian hydrocarbons passes through Cyprus In November 2019, the Russian newspaper ...

By George Eid and Andrew Rosenbaum Lebanese banks in Cyprus, like all Lebanese banks, are facing intense pressure from the Lebanon central bank (Banque du Liban) to raise capital. At ...

US President-elect Joe Biden’s proposal to pour $1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is needed ...

As there was almost nothing in the Brexit agreement on rules for UK financial services firms to operate in the European Union, UK traders are effectively cut off from operating ...

Turkish banks’ asset quality is likely to weaken in 2021, with inflation high and a continuing dearth of foreign investment, Fitch Ratings says in a recent report. Borrowers’ debt-servicing capacity will ...

Conditions in the Cyprus economy inched a bit higher in December, according to the Cyprus Composite Leading Economic Index which is designed to provide early-warning signals of economic changes. But ...

Saudi Arabia’s crown prince unveiled plans on Sunday to build a zero-car. zero-carbon city at NEOM, the first major construction project for the $500 billion flagship business zone aimed at ...

The recent bitcoin rally has moved it back into the limelight once again. But there is far less heard about how it’s “unstable,” or “really has no value.” On ...

Food producers in the EU and Europe have expressed alarm about the effect of certain terms in the Brexit deal reached at the end of last year. Sainsbury’s has ...

An interview with LI Yaohui, Economic and Commercial counselor at the embassy of the People’s Republic of China in Cyprus, about the world’s first import-themed exhibition, which brings ...

Rising demand for oil is expected to drive increases in tanker traffic in the coming year, analysts said. Oil demand in the third quarter is estimated at 94 million barrels per ...

The African Continental Free Trade Area (AfCFTA), which came into force with the new year, is expected to break down barriers between 54 nations on the continent to create a new ...

A breakthrough has been reached in Qatar’s three-year-old dispute with Saudi Arabia and three other Arab countries and an agreement aimed at ending their rift is to be signed ...

An interview with Astrobank chair of the board Shadi Karam In less than five years, since AstroBank took over Piraeus Bank Cyprus in 2016, the bank has elevated its role as ...

You can make a large single property easier to monetise by managing it through a fund, says Nicosia-based Resolute Asset Management – they didn’t invent the concept, but they’ve ...

The Tel Aviv-based medtech firm Novel Concepts Medical claims to have found a treatment that “cures” Covid-19, the firm told City A.M. on Friday The “cure” was proven in ...

Wall Street advanced on Thursday and the dollar gained ground as investors closed the book on a turbulent year of pandemic, recession and recovery. The pan-European Stoxx 600 Index clawed back ...