By Demetris Papallis Fintech is a new industry that develops technology solutions, e-services and digital products in order to make financial services and daily transactions more accessible, user-friendly and efficient. Fintech directly
Cyprus is one of the best performers in the EU in closing the VAT Gap managing to reduce it by more than half from EUR 174 mln to just EUR 83 mln,
In September the economic feel-good factor in Cyprus improved as the Economic Sentiment Indicator (ESI‐CypERC) increased by 3.4 points compared with August. The increase was driven by a stronger confidence in services,
Fitch Ratings has revised the outlook on Bank of Cyprus' (BoC) long-term issuer default rating (IDR) to positive from stable after its deal to offload mortgage-related toxic loans. Fitch has also affirmed
Despite the digital age, Cypriots and Greeks prefer to use cash to carry out their transactions, according to European Central Bank data. ECB's report called "Trends and developments in the use of
Cyprus Casinos (C2) has announced 200 new job openings for staff recruitment at their satellite casinos in Nicosia, Larnaca and Paphos, scheduled to operate later this year. Macau's Melco Group, the company
CyprusInno, a bicommunal digital platform connecting Cypriot entrepreneurs, start-ups and innovators, has reached the finals of the 2018 European Youth Award competition, a statement said. The project called “entrepreneurship as a peace-building
There is an upward trend in the registration of new company applications with an annual increase of nearly 10% in August, data from the Registrar of Companies and Official Receiver show. According
Johannesburg-listed telecommunications group MTN said Tuesday it has received R4.5 billion (€260 million) from the sale of its Cyprus operation to Monaco Telecom. MTN announced on 16 July that its wholly owned
Moody’s has welcomed Bank of Cyprus’ deal to sell a portfolio of loans with a gross book value of €2.8 bln to Apollo Global Management LLC, a global alternative investment manager but
