President Nicos Anastasiades inaugurated a public escalator in the scenic village of Kalopanayiotis on Sunday, praising the community for effectively tapping into EU structural and rural funds. “We continue to face major hurdles and have a long way ahead of us, but we will continue on the path of reforming public spending, but also the

The main financiers of the €10 bln Cyprus bailout programme have agreed to pay up the next instalments totalling some €380 mln within the next three weeks, following a positive review by inspectors that had been delayed by the foreclosures and insolvencies law that were outstanding in parliament since last September. The IMF said that

As part of its new summer schedule, the Kingdom of Bahrain’s national carrier Gulf Air will increase its flights to and from all of: Frankfurt, Larnaca and Paris during the upcoming peak summer travel period and until September 2015, due to growing passenger numbers. This follows the airline’s recent announcement of its enhanced Istanbul summer

The famous “Vangelis” Tavern relocates from Paralimni to Protaras for the summer season continuing to offer high-quality authentic Cypriot dishes. The meat meze has the leading role in the menu especially the large one which is named after the tavern founder. As for seafood lovers, the “Fisherman’s net” includes a wide variety of fresh fish,

A series of activities to take place in the framework of PwC’s Global Diversity Week to support HeForShe As part of a series of events last week on diversity and inclusion, PwC is ramping up its efforts to support HeForShe, the United Nations Women campaign to mobilise 1 billion men and boys around the world

By Jameel Ahmad, Chief Market Analyst at FXTM Although the weak sentiment towards the Dollar has been providing bullish direction for the Pound for some time, the GBPUSD managed to climb to a 2015 high at 1.5846 following further USD pressure and UK jobless claims providing a reminder to investors that the UK economic outlook

A Memorandum of Understanding (MoU) was signed between the Cyprus Institute of Marketing (CIM) and ForexTime (FXTM) on Tuesday 16 June 2015 at FXTM Headquarters in Limassol, with the aim of promoting collaboration between the private sector and academic institutions, and supporting innovation and the expansion of entrepreneurship in Cyprus with the substantial involvement of

The Cyprus-based boutique investment firm Elements Capital Partners, along with the US-based investment fund York Capital Management LLC, have finalised the purchase of receivables (and obligations) against Istrabenz, one of the largest holding companies in Slovenia, of approximately 46.7 million EUR from BAWAG, and banks belonging to the Erste Group. Istrabenz is a strategic holding

Cyprus and Israel have agreed to intensify their efforts to conclude an agreement on the joint exploitation of natural gas lying in adjacent offshore blocks in the eastern Mediterranean. During an official visit to Israel on Sunday and Monday, his second in two years, President Nicos Anastasiades and Prime Minister Benjamin Netanyahu said they will