WISTA Cyprus, the networking organisation for women at management level in the maritime industry, expanded its membership to encourage and motivate young executives from the shipping industry to join. During the association’s fourth AGM held at the Columbia Plaza Venue Centre in Limassol, the members approved an amendment to the Articles of Association to
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Deutsche Post DHL Group and Gavi, the Vaccine Alliance, announced a global partnership to help improve vaccine supply chains in Gavi-supported countries. As immunisation programmes expand to include new, life-saving vaccines and strive to reach more people, often in remote areas, they are increasingly constrained by outdated supply chains. Over the next three years,
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Economic growth is expected to continue this year and real GDP is projected to increase by 3.1%, up from 2.9% in 2016, according to the monthly economic outlook of the University of Cyprus Economics Research Centre. The forecast is slightly more optimistic than the growth rate projected by the Central Bank of Cyprus (2.8%)
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By Jameel Ahmad, VP of Market Research at FXTM Equity markets throughout Asia and Europe have once again followed the positive momentum from the United States, where the Dow Jones Industrial Average index finally broke the magic 20,000 figure with the general consensus being that the “Trump rally” has resumed. This week alone the S&P
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AIPFE Cyprus-Women of Europe organised its annual end-of-year event on January 18 in Nicosia where the guest speaker and AIPFE member, Christina O’Neill shared her experience on ‘Climbing Kilimanjaro’ and spoke about ‘our thoughts as our reality creators.’ The event marked the launch of AIPFE’s female empowerment series, #IncredibleWomen. Having climbed an altitude of
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By Hussein Sayed, Chief Market Strategist at FXTM After six weeks of flirting with the 20,000 benchmark and almost 18 years after crossing 10,000, the Dow Jones Industrial Average finally broke above 20,000 on Wednesday. Donald Trump took the credit and his team were quick to claim it’s the “Trump effect”, ignoring the 148%
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The Ministry of Finance and the European Bank of Reconstruction and Development (EBRD) have signed a memorandum of understanding for the EBRD Business Forum and the Board of Governors Annual Meeting to be held in Nicosia on May 9-11. The MoU was signed by Finance Minister Harris Georgiades and EBRD Secretary General Enzo
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The EastMed gas pipeline is commercially viable and technically feasible, according to a study presented in Brussels to the EU Directorate-General for Energy and the director generals of the Ministries of Energy of Cyprus, Greece, Israel and Italy. The study, conducted by Edison, estimated the cost at $6 bln and said that the pipeline
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A total of 14.8 mln nights have been spent by tourists and residents in Cypriot hotels and other establishments during 2016, an increase of 10.9% since 2015 according to Eurostat. Out of the 14.8 mln, more than 14 mln nights have been spent by tourists and other non-residents, constituting an increase of 12% since
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Cyprus Energy Minister Yiorgos Lakkotrypis met with officials from companies and consortia that have been selected to negotiate with the government under the third licensing round for offshore hydrocarbons exploration in Blocks 6, 8, and 10 in the Exclusive Economic Zone (EEZ) of Cyprus. Lakkotrypis said that on January 13 he held separate meeting
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