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Business - Page 142

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CYPRUS: Ryanair launches new Paphos routes to Warsaw & Poznan

Budget carrier Ryanair has announced 2 new summer 2020 routes from Paphos to Warsaw Modlin and Poznań in Poland, both with weekly services commencing next March. “Cypriot travellers and visitors can now

13th November 2019
Business

CYPRUS: Six billionaires saw fortunes rise from $17.6 bln to $19.9 bln

Cyprus had six billionaires last year, one less than in 2017, but their combined wealth rose from $17.6 bln to 19.9 bln, beating the worldwide trend, according to the latest UBS and

13th November 2019
Business

CYPRUS: Security of trade receivables critical for every SME

The collapse of British air and tour operator Thomas Cook sent alarm bells in the tourism industry in Cyprus and Greece, with Cypriot hoteliers facing a €50 mln shortfall due to the

12th November 2019
Business

CYPRUS: Tourism revenue up 0.8% in August after slump

Revenue from Cyprus tourism edged up 0.8% in August reaching €431.6 mln on the same month last year, in the first increase since April. For the 8 months to August 2019 income

12th November 2019
Business

MARKETS: Caution returns on US-China trade uncertainty

By Lukman Otunuga, Senior Research Analyst at FXTM Caution is set to dominate financial markets on Tuesday as investors juggle with trade uncertainty and tensions in Hong Kong. The general tone of

12th November 2019
Business

CYPRUS: Banks accused of bombarding customers with punitive charges

Cyprus MPs are joining forces to challenge banks over increased charges they deem to be “merely punishing consumers who do not have the skills or the means to carry out their transactions

12th November 2019
Business

FINANCE: Cyprus makes significant progress in investment funds sector

Significant progress achieved in the Cyprus investment funds industry was highlighted at an International Funds Summit in Nicosia with 580 participants. “Cyprus has not only been able to make an entry to

11th November 2019
Business

CYPRUS: Annual awards pay tribute to four women

Four women who have excelled in the areas of business, culture, the environment and community service were the winners of the 13th "Kivotos Golden Lady of the Year Award".   It was

11th November 2019
Business

MARKETS: Rising tensions in Hong Kong drive equities lower

By Hussein Sayed, Chief Market Strategist at FXTM The closing of US equities at record highs on Friday did not seem to influence the market’s direction in Asia on Monday morning. Hong

11th November 2019
Business

FINANCE: RCB Bank makes deal to process Amex card payments in Cyprus

RCB Bank and American Express have launched two partnership agreements that will enable the bank to provide merchant recruitment and payment processing in Cyprus on behalf of Amex. “We are pleased to

11th November 2019
Business
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