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CYPRUS: Romania inaugurates Honorary Consulate in Limassol

The official inauguration of the Honorary Consulate of Romania took place in Limassol, with its constituency for Limassol and Paphos headed by Marios Klitou, CEO of Baker Tilly in Cyprus. The ceremony

24th November 2014
Cyprus

IBM and SAP partner to accelerate enterprise cloud adoption

SAP SE (NYSE: SAP) and IBM (NYSE: IBM) today announced that SAP has selected IBM as a premier strategic provider ofCloud infrastructure services for its business critical applications – accelerating customers’ ability

24th November 2014
Business

DHL wins EMC blue sky supplier sustainability award 2014

Deutsche Post DHL, the world's leading postal and logistics group, has been recognized as the winner of EMC's third annual Blue Sky Supplier Sustainability Award 2014. With the award, the market leader

24th November 2014
Business

CYPRUS: Forex, services driving job sector, says GRS

The financial crisis that hit Cyprus in March 2013 has had a knock-on effect on the employment sector. More than a year on from the onset of the crisis, Cyprus’ leading recruitment

24th November 2014
Cyprus

CYPRUS: Police storm ‘trans’ exhib, censor photos of naked men

Police raided a photographic exhibition by Greek trans activist Paola Reveniotis on Friday night and confiscated photographs of naked men, reminiscent of the medieval ages that Cyprus lived through in past decades.

22nd November 2014
Cyprus

CYPRUS: Social welfare benefits to rise by €41m in 2015

Social benefits will increase by €41 mln next year, Labour and Social Insurance Minister Zeta Emilianidou said during a parliamentary debate about her ministry’s budget that is seen rising 4% to €916.7

22nd November 2014
Cyprus

E-COMMERCE: Online trade up in Cyprus, social media rising

E-commerce seems to be picking up in Cyprus, with more businesses saying they are taking online orders, according to the statistical service Cystat. The share of e-commerce has risen from 8.4% of

22nd November 2014
Business

CYPRUS: PDMO says demand for 6-year retail bonds shoot up

Demand for 6-year Cyprus government retail bonds shot up to €27.4 mln this month, with most of the interest coming from foreign investors, boosting the total so far to €61.5 mln, half

21st November 2014
Cyprus

AIRLINES: Aegean eyes Cyprus hub, Paphos new route

With interest to invest in the troubled national carrier Cyprus Airways dwindling by the day, Aegean Airlines has decided to speed up its plans for a regional hub on the island. A

21st November 2014
Cyprus

Revisiting Russia and Cyprus relations in the new international environment

. Revisiting relations between Russia and Cyprus in the new European and international environment By Andreas Theophanous The European Union is facing today profound problems which challenge and even threaten the pillars

21st November 2014
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WTI bounces up on Mideast tensions, fails to tap $72

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