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Arab fund buys Astir Palace for €400 mln

The National Bank of Greece sold the majority 90% stake in its hotel subsidiary that owns the Astir Palace in Vouliagmeni to Jermyn Street Real Estate Fund IV LP for 400 mln

12th December 2013
Business

Jumbo revenues continue to rise in November

The Greek toys retailer Jumbo announced that the positive trend in revenues continued in November resulting in the increase of its 5-month sales above the annual target of 4%. The company revised

12th December 2013
Business

Etihad took home the title of World’s Leading Airline

Etihad Airways, the national airline of the United Arab Emirates (UAE), enjoyed stunning success at this year’s World Travel Awards, taking top honours for the fifth year in a row. At a

11th December 2013
Business

Download the free APP of European University Cyprus

And Cyprus College Alumni Association on your iPhone and Android Released today 11/12/2013, the EUC Alumni Mobile application is an initiative to improve the mobile experience of alumni and European University Cyprus

11th December 2013
Business

Positive data floods US & UK as economic recovery continues steadily

Driven upward by the eurozone's strongest economy, Germany, the Manufacturing PMI for the region grew to 51.6 in November, up from October's 51.3 and rising steadily for a fifth consecutive month just

11th December 2013
Business

Cyprus Property Price Index records significant reductions

The RICS Cyprus Property Price Index recorded significant reductions nationwide, figures released on Tuesday, showed. During the third quarter of 2013, the Property Price Index records significant reductions nationwide in all major

11th December 2013
Cyprus

Prague business forum promotes Cyprus as a services centre

A business forum has been organized in Prague in the framework of the common effort of the Cyprus Chamber of Commerce and Industry (CCCI) and the Ministry of Energy, Commerce, Industry, and

11th December 2013
Cyprus

Cyprus-Egypt to sign bilateral cooperation agreements

Cyprus and Egypt are set to sign a series of bilateral agreements to enhance their cooperation during a two-day official visit Cyprus President Nicos Anastasiades will pay to Cairo. President Anastasiades, who

11th December 2013
Cyprus

Cyprus Central Bank warns about risks in use of Bitcoin

Cyprus Central Bank has warned that using the virtual currency Bitcoin is dangerous. Replying to a CNA question on the matter, the Central Bank notes that “it considers the use of any

11th December 2013
Cyprus

Cyprus authorities ready to deal with cold weather

Island wide low temperatures, rain, storms and snow Winter is making its presence truly felt in Cyprus with low temperatures, rain, snow and storms across the island. The coastal region of Larnaca,

11th December 2013
Cyprus
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Latest News

  • WTI hits 6-week high of $86, as supply concerns rise
  • WTI rally slows down as Tehran leaves door open to diplomacy
  • Cyprus NPLs drop marginally to €830 mln
  • Gold under pressure on inflation, Iraq supplies, Iran crisis
  • Burnham should keep Miliband “out of the Treasury”

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Popular

WTI hits 6-week high of $86, as supply concerns rise

Oil prices continue rallying on Wednesday as hostilities in Iran

WTI rally slows down as Tehran leaves door open to diplomacy

West Texas Intermediate traded around $81.30 on Monday, down 0.54%

Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

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