More than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email, according to a survey on information and communication technologies (ICT). The
The first National Action Plan to promote Cypriot wine is burgeoning, as exports in 2021 saw a rapid annual increase of over 60%, said Commerce Minister Natasa Pilides. She was celebrating International
Eurobank is on its way to becoming Hellenic Bank’s largest shareholder after announcing an initial deal to buy 13.41% of Wargaming’s 20.61% holding for €70 mln. Greece’s Eurobank Cyprus subsidiary announced the
Hellenic Bank announced a net profit of €76.4 million for the first nine months to September due to higher revenue and lower costs. According to the Group Financial Results for the nine
Olivewood has been chosen for a new UK drama series to be aired on Channel 5, said the national investment agency Invest Cyprus. The mini-series will be shot entirely in Cyprus and
Sir Stelios Haji-Ioannou, creator, owner of the easy family of brands, and the founder of the Stelios Philanthropic Foundation will once more award bicommunal business entrepreneurship. This year’s prizes offer €10,000 to
Some 450 Hellenic Bank employees have selected the exit button opting for early retirement with €200,000 compensation each. The bank launched its voluntary exit scheme to reduce its staff by around 500
Retailers reported their Black Friday sales began an underwhelming start amid a waterfall of complaints of fake offers, with consumers also dissatisfied with the discount level, which averages 20%. Shopkeepers were banking
Cypriot consumers are reporting shady pricing practices ahead of Black Friday by shops, said the Commerce Ministry’s consumer protection service. In comments to CyBC, the service’s spokesperson Anastasia Stylianidou said they had
Cyprus’ Telecommunications Authority (Cyta) is to absorb the additional cost of inflation and energy, putting their record profits to good use. Talking before the House Finance Committee, the chair of Cyta Michalis
