Taxi app expected to revolutionise cab service

A new application, Taxify, which is being launched on Wednesday in Nicosia is expected to revolutionise the taxi sector in Cyprus. The app allows users to set their location and see where the nearest [...]

MARKET TRENDS
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BY Elena Economou
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Apr 25 2018

Fitch upgraded Cyprus’s IDR

Fitch Ratings has upgraded Cyprus`s Long-Term Foreign-Currency Issuer Default Rating (IDR) to `BB+` from `BB` with a positive outlook. The rating is just one step before the investment [...]

MARKET TRENDS
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BY Elena Economou
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Apr 24 2018

Bitcoin Brushes $9,000 As Crypto Markets Continue Making Steady Gains

NEWS BTC is currently trading at around $8,977, having broken $9,000 earlier today, up almost 2 percent over a 24 hour period to press time. According to CoinMarketCap, BTC dominance is around [...]

MARKET TRENDS
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BY Elena Economou
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Apr 23 2018

Three investors interested in co-op bank

Three investors are interested in the co-op bank, as the procedure to dispose of the state-controlled lender enters its final stretch, it was reported on Friday. According to the Cyprus News Agency, [...]

FINANCE
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BY Elena Economou
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Apr 21 2018

Top 10 - Most expensive penthouses in the world Video

Discover the top ten most expensive penthouses in the world. Can we be there someday? TOP 10 EXPENSIVE PENTHOUSES #10 - Old Trees Penthouse - $8 Million #9 - Quintessential’s Penthouse - $10.9 [...]

EYE CANDY
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BY Elena Economou
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Apr 20 2018

EU push for ‘good’ part of Co-op to merge with local lender

The European Central Bank (ECB) seems to favour merging the performing operations of the Cyprus Cooperative Bank (CCB) with another Cypriot lender, Finance Minister Harris Georgiades said on Thursday [...]

FINANCE
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BY Elena Economou
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Apr 19 2018

Business accelerator expands reach

Bank of Cyprus and Deloitte programme to aid aspiring entrepreneurs Accelerator Aris, A Really Inspiring Space, has grown with the addition of another team. The latest team, Exal is about developing [...]

MARKET TRENDS
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BY Elena Economou
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Apr 18 2018

Government aims to double industry’s share of GDP by 2030

The government on Monday announced the launch of a long-term industrial strategy policy, aiming to double industry’s share of gross domestic product by the year 2030. The strategy was unveiled at a [...]

MARKET TRENDS
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BY Elena Economou
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Apr 17 2018

Attracting investor interest for Co-op Bank ‘a must’, financial ombudsman says

Attracting investor interest for the Cyprus Cooperative Bank is a must and a move everyone should contribute in, in order to shield the Cypriot economy, Financial Ombudsman Pavlos Ioannou has said. A [...]

FINANCE
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BY Elena Economou
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Apr 16 2018

This Tiny Home Was 3D-Printed in Just 24 Hours Video

EYE CANDY
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BY Elena Economou
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Apr 15 2018