Melco Cyprus has launched its “Cultural Ambassadors” programme in partnership with the Limassol Tourism Board. According to a press release…
Annual inflation rate in Cyprus drops to 6.1%
The annual inflation rate in Cyprus was 6.1% in March 2023, down from 6.7% in February, according to data released…
Cyprus-based firm to acquire Tao Group Hospitality for $550 million
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…