Cyprus Business News



Cyprus Business Now

An estimated 3.6 million unemployed people in the European Union found employment in the fourth quarter of 2021, according to data released on Wednesday by Eurostat, the EU’s statistical service. This figure is about 24.6 per cent of all those registered as unemployed in the third quarter of 2021. A… Cyprus Mail …


Turkish Statistical Institute accused of manipulating inflation data

A former official has accused the Turkish Statistical Institute (Turkstat) of manipulating inflation data, Ahval reported on Wednesday. Turkey’s last inflation report in July was at 18.95 per cent. This is just below the level of key interest rate at 19 per cent. The governor of the central bank, Sahap… Cyprus Mail …


Egypt sees mining boom under new laws

Mining companies awarded blocks in Egypt’s Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks eventually to unlock vast untapped mineral resources. Despite plentiful reserves and a rich mining history that gave rise to elaborate Pharaonic gold jewellery, Egypt has just one commercial gold… Cyprus Mail …


Brexit issues, yet ongoing, are blamed on EU by UK

Britain’s top EU adviser David Frost on Sunday defended Britain’s unilateral move to smooth post-Brexit trade between Britain and Northern Ireland, over which the EU has promised to launch legal action for breaching the terms of the Brexit deal. Writing in the Sunday Telegraph, Frost said that The European Union… Cyprus Mail …



CySEC launches Brexit Information Hub

The Cyprus Securities and Exchange Commission (‘CySEC’), the financial regulatory Authority of Cyprus, has launched a dedicated section on its website to serve as a Brexit Information Hub (accessible here), aiming at facilitating a seamless navigation of Brexit related information and the compliance of interested parties with legal obligations following… Cyprus Mail …


‘Men of quality do not fear women’s equality’ — Quality Focus CEO

The pandemic has led to a  mindset  that is negative and unable to change. We often forget that our situation will not get better  by  chance  but  through our ability to adapt to the inevitable change. To do that, we must first  overcome this attitude. For many people, the current  psychology  is like… Cyprus Mail …