More than a quarter of high-net-worth investors will include NFTs, or non-fungible tokens, in their portfolios this year, a survey by a leading financial advisory and fintech has revealed. The poll, carried
An agreement with the European Investment Fund to manage a new financial instrument to support startups and innovation is seen as a milestone in the government’s effort to enhance alternative financing. Finance
A ban on Russian oil is included in the sixth EU package of tougher sanctions against Russia unveiled on Wednesday by European Commission President Ursula von der Leyen. “This will be a complete import ban
Cyprus meteorological services are hoping to predict regional weather fronts quicker and more accurately after signing an agreement with the met offices of Greece and Israel. The MoU aims to optimise weather
Prime Minister of Luxembourg Xavier Bettel is paying Cyprus an official visit on Thursday with Ukraine, energy security and the migration crisis on the agenda of the talks. The head of the
President Nicos Anastasiades wants to see the police report on the incident of football hooliganism, during which 20-year-old bystander Evripides Frangou was left with burns covering 45% of his body. Several days
The University of Cyprus downgraded its projection for economic GDP growth this year to 2.6% due to the Russian invasion of Ukraine, warning of potential deterioration in asset quality in the banking
The construction industry is suffering as the price hike of raw materials continues, with developers crushed under higher costs as they are deprived of Russian money. Developers say some private projects in
Cyprus is targeting its first natural gas exports by 2026 from the Aphrodite gas field, Energy Minister Natasa Pilides said. After a parliamentary committee hearing, Pilides said there are many options concerning
President Nicos Anastasiades said he could not be prouder of Cyprus shipping’s contribution to the economy in such a challenging year, with an everchanging pandemic landscape of rules and regulations. “It has
