The Steamship Mutual Underwriting Association’s new European office in Limassol gives prestige and consolidates Cyprus as a quality cluster of international maritime activities, the island’s junior minister for shipping said. SMUAE is
Hellenic Bank reported a lower first half net profit of EUR 17.7 mln, impacted by the coronavirus pandemic, down from EUR 58.3 mln in the same period last year. The second biggest
Cyprus pharmaceuticals are probably the country’s biggest kept secret as the industry was responsible for almost a third of all exports in the first five months of 2020 while increasing year-on-year. Last
Hellenic Bank announced that CEO Ioannis Matsis has stepped down after three years in the job at the second largest Cyprus lender and that his employment agreement “has been mutually agreed to
Bank of Cyprus posted first-half losses of €126 mln, of which a hefty €100 mln was booked in the second quarter alone with the CEO attributing the downfall to its Project Helix
Career banker Constantinos Loizides is returning to Hellenic Bank as its new chief executive after 15 years, following the unexpected resignation Wednesday of CEO Ioannis Matsis, media reports said. Matsis stepped down
Social networking platforms owned by Facebook founder Mark Zuckerberg have access to about 6.98 billion users as of July, representing nearly half or 47.8% of the active users among the top 15
A €374 mln floating storage and regasification unit jointly financed by the European Bank for Reconstruction and Development, the European Investment Bank and the European Union will help Cyprus benefit from cleaner
Pieris Markou, tax and legal practice leader of Deloitte Cyprus, is taking the reins of the Big Four firm from June next year, after incumbent CEO Christis Christoforou decided to step down
Transport Minister Yiannis Karousos has ordered a probe into three incidents in as many weeks investigating possible safety faults on buses employed by the Cyprus Public Transport company, which took over the