ENERGY ExxonMobil and Qatar Energy to drill two new wells in Cyprus' offshore gas fields Newsroom ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. READ MORE
PWC survey: Seven out of ten CEOs are pessimistic about 2023 73% expect global economic growth to slow; what steps are they expected to take to ensure business sustainability? 17/01/2023 | BUSINESS
Cyprus welcomed 3.2 million tourists in 2022 Numbers higher than in the past two years despite the loss of Russian and Ukrainian market Source: CNA 17/01/2023 | BUSINESS
Prostitutes gather in Davos for annual meeting of global elite Demand for sexual services skyrockets during economic summit 17/01/2023 | BUSINESS
More mergers and acquisitions needed to bolster competitiveness The Economic and Competitiveness Council says this is what is needed for businesses in Cyprus to increase competitiveness ... Source: CNA 16/01/2023 | BUSINESS
Nearly €6 billion in real estate transactions in 2022 2023 is expected to be a difficult year as uncertainty prevails, says M. Kineyirou Source: CNA 16/01/2023 | BUSINESS
Tesla drastically lowers EV pricing in the US and Europe The Model Y Long Range sees a huge $20,500 drop including the Federal Tax Credit. 13/01/2023 | BUSINESS
Funds are investing in Cypriot banks They have been eyeing the country's credit institutions for the last five years because their shares are cheap Panayiotis Rougalas 11/01/2023 | BUSINESS
Exports of halloumi at 1.34 billion over the last 5 years €227 million was recorded in the first 9 months of 2022 making it a record year for halloumi exports Maria Eracleous 11/01/2023 | BUSINESS
Dispute resolution services a more cost effective way to resolve issues Disputes between consumers and businesses are usually resolved within 90 days at a lesser cost 10/01/2023 | BUSINESS
WhatsApp given green light to sue Pegasus spyware company The US's top court is allowing WhatsApp to pursue a lawsuit against Israel's NSO Group, the creators of the Pegasus spy ... Source: Reuters 10/01/2023 | BUSINESS