Economy

Arms stocks soar ahead of Ukraine peace talks

Europe's rally in banking and defence stocks extended into Tokyo, where shares in Mitsubishi Heavy Industries popped 3% to trade near record highs. The focus is...

Energy Minister in Cairo for gas agreements and energy forums

Cyprus' Minister of Energy, Commerce, and Industry, George Papanastasiou, is travelling to Cairo on Sunday to participate in the EGYPES 2025 energy conference and to...

Building permits down 30.9% in September 2024

The number of building permits issued in Cyprus recorded an annual decrease of 30.9% in September 2024, according to data released Thursday by the...

Cyprus to implement green taxation by May, pending final changes

Cyprus government is entering the final stage of preparation for the implement of green taxation, which is expected to take effect by May, Finance...

Eurobank completes acquisition of 93.47% stake in Hellenic Bank

Eurobank S.A. has officially become the dominant shareholder of Hellenic Bank Public Company Limited, completing the acquisition of an additional 37.5% stake and bringing...