ECONOMY Cyprus is a magnet for foreign companies as registrations surge Newsroom Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region. READ MORE
Laiki Bank liquidator raises €90.8 million for depositor compensation Bank of Cyprus share sale boosts reserve, with payouts expected soon Newsroom 18/11/2024 | BUSINESS
Amazon launches 'Haul', a low-cost rival to Temu and Shein Haul offers products under $20, but faces environmental concerns and shipping delays Newsroom 15/11/2024 | BUSINESS
Indian whisky steps up: A new contender on the global stage Forget what you know about whisky—India is making a splash with award-winning spirits that rival Scotland and the U.S. Shemaine Bushnell Kyriakides 14/11/2024 | BUSINESS
Cyprus’ floating LNG unit 'Prometheus' finally sets sail from Shanghai Delays and setbacks behind, the unit's journey marks a new chapter in Cyprus' energy plans Newsroom 14/11/2024 | BUSINESS
Cyprus faces multi-million Euro losses as major development projects collapse Legal battles and delays threaten millions in costs as high-profile infrastructure projects stall Newsroom 14/11/2024 | BUSINESS
Cyprus eyes new offshore gas licenses as global demand surges Energy minister signals potential for licensing round amid rising interest from major firms and plans for renewable energy ... Newsroom 13/11/2024 | BUSINESS
The Guardian quits X, citing ''toxic'' platform and Musk’s Trump ties Departure highlights rising media shifts as Musk’s ties to Trump stir concerns; Bluesky and Threads see user surge Newsroom 13/11/2024 | BUSINESS
Bank workers union sets sights on big move in Bank of Cyprus Fresh from a €275 million sale, ETYK eyes former Laiki shares as it gains momentum in Cyprus banking Newsroom 13/11/2024 | BUSINESS
Fired Paphos-Polis road contractor wants €35 million payout Government and Greek contractor Intrakat clash over project delays, funding disputes, and multi-million-euro compensation ... Newsroom 13/11/2024 | BUSINESS