Egypt supports the right of Cyprus to its EEZ

Egypt supports the right of Cyprus to exploit its natural wealth within its Exclusive Economic Zone (EEZ) and also supports a solution of the Cyprus problem in the context of UN re [...]

MARKET TRENDS
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BY Elena Economou
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Sep 09 2018

Hellenic Bank shareholders approved capital raise

The shareholders of the Hellenic Bank approved Wednesday an equity capital increase of €150 mn required to complete the acquisition of Co-op bank assets.Chairman of the Board of Dire [...]

FINANCE
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BY Elena Economou
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Aug 25 2018

Around 1000 bank employees opt for Co-op voluntary retirement scheme

Around 1000 bank employees have opted to take the voluntary retirement scheme offered by the Cyprus Cooperative Bank, according to trade union estimations, while the deadline ends toda [...]

FINANCE
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BY Elena Economou
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Aug 22 2018

Investment funds and their assets increase

Τhe number of investment funds increased to 130 in June 2018, compared with 123 in March 2018, a press release issued by the Central Bank of Cyprus has said. The Bank released on Mon [...]

FINANCE
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BY Elena Economou
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Aug 21 2018

Government to announce in September Troodos communities development plan

The government of Cyprus will announce its development plan for the Troodos mountain communities in September, President of the Republic Nicos Anastasiades has said.Addressing on [...]

MARKET TRENDS
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BY Elena Economou
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Aug 20 2018

Google staff demand more oversight of China search engine plan

Google is not close to launching a search engine app in China, its chief executive said at a companywide meeting on Thursday, according to a transcript seen by Reuters, as employees of the Alphabet [...]

MARKET TRENDS
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BY Elena Economou
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Aug 19 2018

Genesis Mining Compels Certain Customers to Upgrade BTC Mining Contracts

Genesis Mining was started in 2014, with locations in Bosnia and China. The company subsequently moved to Iceland and Canada due to the cold climate and cheap electricity rates. In June, Canadia [...]

MARKET TRENDS
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BY Elena Economou
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Aug 17 2018

Economy grows 3.9 per cent in Q2 – flash estimate

Cyprus’ economy grew 3.9 per cent year-on-year in the second quarter of the year, according to a flash estimate published by the statistical service on Tuesday. Based on seasonally and working da [...]

MARKET TRENDS
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BY Elena Economou
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Aug 14 2018

Kontides wins Laser world championship

Cypriot sailor Pavlos Kontides has won the world championship for the second year running on Friday after winning gold in the Laser category at Aarhus, Denmark. Kontides battled it out with Austral [...]

EYE CANDY
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BY Elena Economou
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Aug 10 2018

Police warn of new cyberscam

Police on Tuesday warned the public about a new form of online fraud and extortion. They said people receive e-mails where the sender claims to know and have access to codes and private information t [...]

MARKET TRENDS
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BY Elena Economou
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Aug 08 2018