Businesses argue that restrictions in the government’s newly introduced policy allowing employers to hire asylum seekers to address labour shortages ahead of the busy summer season defeats the objective. The previous government
Corporate Europe is entering a new era with the recently proposed Corporate Sustainability Due Diligence Directive (CSDDD). The new Directive of the European Union, which all Member-States will transpose, aims to endorse
No European nation has increased its concentration of brain business jobs faster than Cyprus since 2014, according to the European Centre for Entrepreneurship and Policy Reform. Brain business jobs are considered essential,
Electronics and home supplies retailer Stephanis is opening a flagship store in Nicosia within the next few months, the biggest of its kind in the capital. At 2,200 sqm, the new store
Cyprus and Saudi Arabia have signed a Framework Cooperation Programme (FCP), boosting promotion investments between the two countries in areas of mutual concern. The FCP was signed on Saturday in Nicosia by
There is only a small risk of fallout in Europe from the collapse of the US Silicon Valley Bank (SVB), but the problem should be monitored closely, said Stavros Zenios, a University
Cablenet has established itself as the fastest-growing communications provider in Cyprus, delivering on customer demands and exceeding expectations, with a record performance in 2022 despite the post-pandemic challenges. The telco announced a
Central banks in the advanced world are mandated to keep inflation low, typically with a target of 2%. The main tool for achieving this is central bank monetary policy, which involves raising
Tesla delivered nearly 1.3 mln vehicles in 2022, a remarkable milestone for the relatively young carmaker, which is almost as many vehicles as the company had delivered in the previous eight years
Cyprus Airways announced it carried 19,509 passengers in February, spiking 550% and operated 231% more flights whilst improving the load factor by 20% points. Compared to February 2019, before the start of
