The process of restructuring non-performing loans (NPLs) in the Cooperative Credit Institutions is fully on track, according to senior banking sources. The percentage of non-performing loans in the Cooperatives reached 52.62%, or
Bank of Cyprus now has cushion of €1.6 bln after the recent capital increase of €1.1 bln, continued cost-cutting and cashing in on some €950 mln the government owed it after absorbing
The government announced on Friday that it will proceed with a “fast track” process to finalise the legal framework, invite bidders and choose the licensor who will operate an integrated casino resort
I AM Jewelry and Accessories opened today its second boutique in Cyprus at The Mall of Cyprus, in Nicosia, following the successful opening of the first store in MyMall, Limassol, last month.
The discovery of a Schistosomiasis parasite egg in a 6,200 year-old grave in Syria may be the earliest evidence that agricultural irrigation systems in the Middle East region contributed to a vast
SAP contributes to continuous evolution in how training and education are delivered with the leading cloud learning offering in the market, SAP Learning Hub, a gateway to the entire knowledge base of
By Fiona Mullen, Director of Sapienta Economics Ltd A new cold war is upon us. And once again little Cyprus finds itself in the middle of competing powers. So as we start
Cypriot nationals, living and working in Libya, are being evacuated because of the volatile situation in the country. The embassy of the Republic of Cyprus in Tripoli has closed close due to
Cyprus continued in June 2014 to have the highest interest rates in the Eurozone on new loans for businesses and housing, despite the downward trend recorded in recent months, according to data
By Jameel Ahmad, Chief Market Analyst at FXTM The overall weak EU sentiment continued on Thursday with the major news being that in July, EU CPI unexpectedly slowed to its lowest level
