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Business - Page 194

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EUROPE: Cyprus sees biggest increase in high-growth enterprises

Between 2016-2017, the number of high-growth enterprises increased by more than the EU average in 16 EU Member States, the spike was highest in Cyprus (57%). However, the absolute number of high-growth

2nd April 2019
Business

FINANCE: Amex says goodbye to Cyprus and Europe

American Express credit cards will be rendered invalid in Cyprus and the rest of the European Union as of Sunday 31 March. In an SMS sent out to card holders on Friday,

29th March 2019
Business

CYPRUS: Hermes Airports makes flying easier for people with autism

Ahead of World Autism Awareness Day, Hermes Airports is organising a series of actions to make individuals with autism more familiar with air travel procedures and at the same time, raise public

29th March 2019
Business

CYPRUS: Hellenic Bank satisfied with share capital increase completion

Hellenic Bank said the completion of its €150 mln share capital increase and the listing of new ordinary shares on the Cyprus Stock Exchange marks “an important milestone for the acquisition of

29th March 2019
Business

ECONOMY: More multi-millionaires choosing to live in Cyprus

The number of millionaires living in Cyprus with assets of USD 30 mln and above is rapidly rising, according to a survey conducted by Knight Frank. Multi-millionaires with property worth more than

28th March 2019
Business

CYPRUS: Casino goers fluttered away EUR 210 mln in seven months

Around 470,000 people visited the three casinos in the Cyprus Republic by the end of January, gambling away €210 mln while €175 mln was paid out, the Gaming and Casino Supervision Commission

28th March 2019
Business

FINANCE: Cyprus appoints new central bank governor

Former investment banker Constantinos Herodotou was appointed Governor of the Cyprus Central Bank on Thursday and takes up his position on April 11, an official statement said. Cypriot President Nicos Anastasiades appointed

28th March 2019
Business

BREXIT: Stalemate deepens as parliament rejects alternatives, Sterling tumbles

  By Lukman Otunuga, Research Analyst at FXTM The drama, confusion and sheer uncertainty over Brexit intensified on Wednesday evening, after British MPs rejected all eight options aimed at breaking the deadlock.

28th March 2019
Business

CYPRUS: BoC chairman buys EUR 500,000 stock in confidence boost

Outgoing Bank of Cyprus chairman Josef Ackermann purchased 400,000 extra BoC stocks, increasing his holding to 550,000 shares, signalling his confidence in the bank and the significant progress it has achieved. The

27th March 2019
Business

TECHNOLOGY: Around half of Cyprus firms found difficulty in hiring ICT experts

Nearly half of Cyprus businesses (49%) found it hard to recruit ICT specialists for jobs requiring digital skills, according to Eurostat. During 2017, 9% of EU enterprises recruited or tried to recruit

27th March 2019
Business
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