Business

With summer just around the corner great uncertainty prevails over the Mediterranean island’s real estate market and tourism sector because of the coronavirus, Phileleftheros...

DP World Limassol announced the launch of two new digital payment solutions to be applied across the business for all of its customers through...

It’s a big challenge for Cypriots to learn to work from home, President of the Cyprus Human Resources Management Association (CyHRMA) Panayiotis Thrasyvoulou told Insider. With the...

The impact of the coronavirus pandemic outbreak will be unavoidable Deputy Minister of Shipping Natasa Pilides has said, expressing hope that industry will bounce...

'Man of War', the second Hollywood film by director and producer Dimitri Logothetis, continues in its pre-production stage according to plan despite the global...

The real estate industry is being clobbered by the coronavirus, and it’s going to get worse before it gets better, Phileleftheros reports citing experts. Key...

Saturdays have always been the busiest days for supermarkets in Cyprus but coronavirus has changed this tradition making all days of the week more...

The prevailing coronavirus-sparked economic freeze in Cyprus has not stopped a major investment deal in the property industry taking place last week. The €20 million...

Not everything has been frozen because of coronavirus since a major deal was signed and sealed last Friday concerning the takeover of Famar –...

Banks are asking clarifications from the Central Bank of Cyprus following the supervisory authority’s call for additional liquidity to the economy to be granted....

The recent coronavirus outbreak is forcing a rapid business evolution and reinvention of infrastructure and processes as almost everything shifts online. Studies have shown that the digital...

All trade enabling activities at the terminal are being carried out as normal at Limassol Port, the CEO of DP World Limassol, Nawaf Abdulla...

Integrated Casino Resorts Cyprus (“ICR Cyprus”) announced today a donation of €100,000 to the Ministry of Health to further enhance the Government’s efforts to...

Workers and developers in Cyprus are calling on the government to include construction sites in the coronavirus-mandated lockdown since health and safety measures taken...

The European Central Bank launched a 750 billion euro ($818 billion) emergency bond purchase programme on Wednesday to push down borrowing costs in a bloc struggling...

Banks in Cyprus are reviewing four specific support measures to help businesses counter the coronavirus effect with the condition that their capital is sustained. Four...

Now that it is no longer possible to dine out at restaurants because of the coronavirus spread, delivery could take on a new dimension...

Bank administrations are increasingly concerned about the coronavirus’ economic repercussions and primarily whether borrowers will be able to continue paying their loans in a...

The further drop in the reduced VAT rate from 9% to 7% for a period of three and a half months, provided that the...

A guide on the specifications of accommodation falling under the new bill regulating rentals through online Airbnb-type platforms has been drafted by the Deputy Ministry of Tourism. A...

Tourism will probably be the sector to be affected the most from the coronavirus, but the epidemic is also expected to hit consumption hard,...