ERA department stores, formerly Debenhams Cyprus, have appealed a Paphos court decision ordering the company to terminate the use of the Korivos Shopping Centre situated opposite the Stelios Kyriakides stadium. The CTC
Hellenic Bank announced a 19% increase in first half profits to €21 mln, from €17.7 mln in the same period last year, with the Group chief executive describing it as “solid performance”.
Hellenic Bank has set up a dedicated unit to deal with ‘green economy’ issues, as well as implementing ESG principles of environmental and social responsibility and implementing sound governance practices. The bank, which
We have been empowering fintech firms with the regulatory technology (RegTech) tools required to drive efficiency and navigate an ever-changing regulatory landscape for several years. As a dedicated RegTech company, we are
Cypriot companies are not riding the digitalisation train, missing out on opportunities created by the exciting new world of online marketing and social media, remaining stuck in the past. As people spend
The number of job vacancies in the second quarter of 2021 has jumped 77.3% as the market starts recovering from lockdown restrictions imposed to contain coronavirus. Increases in job vacancies are driven
The new chair of the markets watchdog has pledged to continue to protect the interest of investors while helping the sector grow and adapt to new challenges, primarily in financial technologies. Dr
Cyprus’ largest mall, the Metropolis in Larnaca, costing €85 mln to build, opened its doors on Thursday following delays due to the coronavirus pandemic. Metropolis Mall houses 135 stores covering 40,000 square
The former CEO of Hellenic Bank, Ioannis Matsis, has been appointed the new chair of Invest Cyprus, the authority promoting the island as an investment destination abroad. Matsis replaces the outgoing Michalis
In H1 2021, the Assets Under Management (AUM) of Collective Investments reached €10.7 bln, a record high translating into a 9% quarter on quarter increase. The Cyprus Investment Funds Association welcomed “this
