By Jameel Ahmad, Chief Market Analyst, FXTM After being dragged heavily lower by a wide combination of different weights to investor sentiment, global markets are looking positive and attempting to recover momentum.
The European Bank for Reconstruction and Development (EBRD) has taken an equity stake in Hellenic Bank, the second largest commercial bank in Cyprus, investing €20 mln in newly-issued shares. This is the
Greek dairy giant Dodoni AE has established a Cyprus subsidiary, Dodoni Dairy Products (Cyprus) Ltd. that will start producing halloumi and anari cheese from spring 2016. The company is setting up a
The weekly National Lottery, that contributes about €20 mln a year to state coffers, announced a jackpot of €200,000 in next Wednesday’s draw, as no winner was found for a third consecutive
A group of 28 aviation industry CEOs and association leaders has sent an open letter to governments committing to climate action and calling for a joint approach to help deliver maximum CO2
With new functionality in Quorum Cypriot software developer InfoScreen proudly announces the release of a premium KYC/AML Compliance solution integrated in its existing and very successful flagship product, Quorum. KYC/AML offers Quorum
By Lukman Otunuga, Research Analyst, FXTM The Reserve Bank of India (RBI) shocked market participants on Tuesday by not only cutting interest rates for the fourth time this year, but by a
Bank of Cyprus announced that it has completed the sale of the majority of its Russian operations through the subsidiary BOC Russia (Holdings) Ltd., comprising its holdings of 80% in CB Uniastrum
German companies currently enjoy easier access to credit than ever before, according to the latest survey from Munich-based Ifo Institut. Credit constraints for German trade and industry plunged to a new historic
Up to one thousand Turkish Cypriots from the north will take part in a special pilgrimage to Hala Sultan Tekke at 1pm on Wednesday. The pilgrimage marks the Muslim feast of Eid
