ECONOMY Facebook photo Dubai chocolate craze sparks global pistachio shortage Newsroom You’d never guess that a fancy chocolate bar from Dubai could shake up the global nut market, but that’s exactly what’s happened. 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