. With the crisis erupting in the Gulf, where the block headed by Saudi Arabia has imposed sanctions on Qatar and has threatened further measures if the gas producer does not back down from supporting radical Islamic groups and Iran, it is clear that Cyprus has a greater interest in helping resolve the matter than
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. Bloom or wither? Revolutionise or rationalise? By Renos Ioannides Financial Analyst We have seen how the instinctive banking aversion of risk and the deeply ingrained rigidities of conventional banking routines may stall banks’ progress, by deterring them from taking the quantum leaps that are needed to truly get them back to the road of
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. By Antonis Loizou F.R.I.C.S. – Antonis Loizou & Associates Ltd – Property Valuers, Property Consultants & Estate Agents Those who are around the age of 40-50 should start considering their retirement income as a first priority and things to do once they reach the retirement age of 63 (optional 65) years old. Most
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Need to resolve conflict, before it spills over into energy plans and economy The crisis in the Gulf, driven by Qatar’s ambition to become a major player in Middle East politics and a superpower in the natural gas market, could have an impact on the Cyprus economy, and by extension the island’s future energy plans,
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President Nicos Anastasiades, fresh from his trip to the U.S. embarked on a three-day official visit to Lebanon, where he raised the issue of hosting the first trilateral summit between the leaders of Cyprus, Lebanon and Greece. Similar to the other trilateral summits involving Israel, Egypt, Jordan and Greece, the new meeting will deal
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There are prospects for further development of tourism, Finance Minister Harris Georgiades said on Tuesday, recognising the decisive role of tourism industry in the recovery of the economy, and pointing out that the effort to improve the quality of the product should continue, according to the Cyprus News Agency. Speaking on the sidelines of
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WISTA Cyprus organised a unique training course for its members and friends, titled “Braindancing Via AdaptAgility,” at the Columbia Plaza Venue Centre in Limassol, which was transformed into a “ballroom” for a ‘Braindancing’ session. WISTA is a networking organisation for women at management level in the maritime industry which aims to facilitate the exchange
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‘Banana Skins’ survey reflects industry risk perception The global insurance industry’s ability to confront structural and technological changes is now the greatest risk it faces, according to a new survey of insurers and close observers of the sector. The Centre for the Study of Financial Innovation’s latest “Insurance Banana Skins 2017” survey, conducted with
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Pafilia Property Developers is investing EUR 30 mln for the final stage of development in the infrastructure and facilities at its luxury residential resort, Minthis Hills, with the resort facilities expected to be completed within two years. This is in addition to the landmark ONE – the tallest residential seafront tower in Europe, to
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Hotels must maintain their prices, the CTO needs to spend more on marketing and extend the holiday season further By Natalie Leonidou Tourism is one of the biggest contributors to the Cyprus economy, which is why the tourism industry is well aware of the fall in the pound sterling that could potentially harm the strong
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