Princess Cruises, the world’s second largest cruise operator with a fleet of 18 vessels, announced Thursday it is suspending all operations for the next two months due to the coronavirus crisis, allowing
A financial support package for businesses to cope with the impact from coronavirus disease is being prepared by the government, Finance Minister Constantinos Petrides said. He also stressed that an extraordinary budget
The World Economic Forum, acting as partner to the World Health Organisation (WHO), has launched the COVID Action Platform, which is intended to catalyse private-sector support for the global public health response
Cyprus tour operators say they are facing the worst crisis in their history and on the brink of collapse after waves of holiday cancellations due to the coronavirus outbreak. The Association of
The Cyprus trade deficit widened to €5.09 bln in 2019, from €4.89 bln in the year before, due to a significant drop of €1.2 bln in exports, according to official statistics. However,
In April, Debenhams will be a thing of the past as they are to be renamed ERA Department Stores with one Nicosia branch closing altogether. Debenhams stores Cyprus owner Ermes Department Stores
As the novel Coronavirus spreads around the world, economies are shaken with stakeholders in the Cypriot economy fearing that if the virus poses a threat for a prolonged period Cyprus will pay a hefty price.
A Limassol-based fintech startup, eCredo, plans to revolutionise e-payments with quick and low-cost transfers, as high street banks continue to charge high rates, frustrating customers who are seeking alternative ways to do
Cyprus Deputy Minister of Research, Innovation and Digital Policy Kyriakos Kokkinos and Greek counterpart Christos Dimas have discussed joint synergies and partnerships to deepen and broaden cooperation in these fields. Kokkinos said
Hermes Airports is launching the first Career Day at Larnaca Airport, creating an opportunity for people interested in working for the companies operating at Larnaca and Paphos Airports, to find out more
