Mohari Hospitality, a Cyprus-based investment firm announced that it will acquire Tao Group Hospitality in a $550 million deal. Tao…
Average price of new apartment in Tokyo surpasses $1 million
The average sales price for newly-built apartment units in Japan’s metropolitan Tokyo area jumped to 143.6 million yen ($1.07 million)…
Spain to help young citizens fly the nest with foreclosed homes
Spain is aiming to help millions of young adults still living with their parents to rent their own homes by…
Government “determined” to assist US with sanctioned Cypriots
The government is determined to assist the US in examining the cases of natural and legal persons in Cyprus included…
China’s economy gathers speed, global risks raise challenges to outlook
China’s economy grew at a faster-than-expected pace in the first quarter, as the end of strict COVID curbs lifted businesses…
Netherlands to end LNG imports from Russia -Bloomberg
The Netherlands is working to end all liquefied natural gas (LNG) imports from Russia, Bloomberg News reported on Wednesday, citing…
IMF warns deeper financial turmoil would slam global growth
The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but…
Opinion: Low-risk investment opportunities with stable returns
By Michalis Tannousis* The global financial system is undoubtedly going through a period of turmoil and uncertainty. Although the banking…
People in Cyprus buy more food than they can consume
People in Cyprus buy more food than they can consume, although there is a positive trend in their behaviour in…
First ‘Cyprus Forum Cities’ to bring together experts on urban policy
The first Cyprus Forum Cities will bring together local and international urban policy experts and stakeholders in Limassol to exchange…