Ancoria Insurance, a Cyprus-based life insurer since 1987, is launching a banking subsidiary that will deal primarily with retail and small to medium sized (SME) financing. Ancoria Bank has just been issued
Akis Zambartas, the driving force behind the establishment of Zambartas Wineries in 2006, has died aged 67. After a long career in the wine business, as Managing Director of KEO for 8
The state broadcaster CyBC needs to cut back its payroll by at least 100 people, experts have advised government, with Interior Minister Socratis Hasikos trying to calm nerves among the revolting workers
By Jameel Ahmad, Chief Market Analyst at FXTM There’s no disputing the USD hype train picked up substantial speed last week, but investors should be extra vigilant towards the US Dollar profit-taking
* Cyprus, Egypt, Greece sign historic agreement on political and energy front * Cyprus Foreign Minister Ioannis Kasoulides said that the trilateral summit and declaration of cooperation by the leaders of Cyprus,
In the first three years since Emirates launched inflight Wi-Fi connectivity, over half a million passengers have connected to the internet onboard an Emirates flight, and this demand is expected to increase
A new team of technocrats from the Troika of international lenders arrives on Monday to prepare the ground for the next review of the island’s economic adjustment programme some time in early
Greek Prime Minister Antonis Samaras has warned Turkey to stop its naval provocations in Cyprus territorial waters in order de-escalate the tense situation in the eastern Mediterranean and allow for UN-led peace
Hellenic Bank, one of the island’s four systemic banks that underwent stringent capital stress tests last month, has appointed Dutchman Bert Pijls as its new Chief Executive Officer. He replaces Marinos
Global Equity International, Inc. (GEQU) and its wholly-owned subsidiary Global Equity Partners Plc., appointed VT Hydrocarbon Holdings (Pte.) Ltd. to help raise $78 mln in order to acquire an LPG (liquid petroleum
