Cyprus’ strong economic performance, including the registration of 2,300 new companies and the relocation of 12,000 employees, was emphasised by Finance Minister Makis Keravnos at an event in Athens, ...
British visitors help push Cyprus tourism revenue to €3.1 billion
Tourism revenue in Cyprus increased by 7.1 per cent in the first eleven months of 2024 compared to the same period in 2023, according to the traveller survey results published on Wednesday by the ...
QNB Group gets ‘outstanding recognition’ with Global Finance awards
QNB Group announced its remarkable success in the recent Global Finance Awards, where it has been recognised across several prestigious categories, including the country award ...
Over 800 new firms registered with Qatar Financial Center in 2024, recording 156% growth
Qatar Financial Centre (QFC) witnessed record growth in 2024, welcoming 836 new firms to its platform, a 156 percent growth compared to ...
Armenia and Azerbaijan are at loggerheads again – here’s why tensions are rising
Azerbaijans president, Ilham Aliyev, has launched a fierce verbal attack on Armenia, which he has called a fascist state. Fascism must be destroyed, he said in an interview on local TV networks on ...
Georgian Finance Minister, IMF mission review economic outlook, ongoing reforms
Economic outlook, budget parameters for the current year and ongoing reforms in Georgia were discussed on Wednesday in a meeting between the Georgian Finance Minister Lasha Khutsishvili and a visiting ...
UAE banking sector assets surge to Dh4.46 trillion
The UAE banking sector, the largest in the Middle East, recorded a big surge in assets in 2024, reaching Dh4.457 trillion at the end of November 2024, comp..
Turkey monthly inflation to accelerate in January, annual rate seen slowing to 41.25%
Turkey's monthly inflation rate is expected to rise sharply to 4.35% in January, driven by an annual hike in the minimum wage and various new year price adjustments, while the annual rate is seen ...
Shares of Dubai’s Emirates NBD set for worst day in 5 years after flat quarterly earnings
Emirates NBD , Dubai's biggest bank by assets, reported a flat fourth-quarter net profit, slightly missing estimates as investments to "drive future growth" offset higher income and lower impairment ...
Nvidia falls 4% after report of potential additional curbs on China sales
Nvidia (NVDA) stock slid 4% Wednesday after Bloomberg reported that Trump administration officials are "exploring additional curbs" on Nvidia's chip sales to China. Bloomberg's report added that the ...