After 74 years as a leading juices and soft drinks manufacturer, Cypriot firm KEAN has sold its business to Limassol-based real estate investors Prime Property Cyprus for an undisclosed fee. Ever present
Hiking interest rates are prompting Cypriot households to have second thoughts over borrowing money to buy their dream home as demand for mortgages declines rapidly, according to the Central Bank of Cyprus.
DBRS Morningstar assigned a BBB rating to a series of notes issued by PIMCO fund Capella Financing that has undertaken the majority of €1.4 bln worth of non-performing loans of Hellenic Bank
Israeli investors are advancing plans to create a ‘tech valley’ on the island to host technology companies amid rising insecurity and concerns over a planned judicial overhaul. Speculation has proliferated about plans
Parliament wants to end retailers charging customers a surcharge for paying with plastic money by taking advantage of loopholes in the existing legislation. Under a 2021 law, all businesses offering services are
East2 is bringing its latest cutting-edge technology to life by collaborating with Cyprus Airways to reward customers for their loyalty. Delivering a world-class traveller ecosystem, East2 will empower Cyprus Airways through customer
Six leading investment applications have recorded a cumulative 131.22 mln downloads globally since their inception, with the downloads covering the period between 2015 and February 2023, according to data acquired by Finbold
Family businesses with a company purpose connected to the United Nations’ Sustainable Development Goals (SDGs) are performing better than their peers across multiple financial and social metrics, according to PwC’s Global Family
Cyprus hired banks to market its first-ever sustainable bond, according to the Public Debt Management Office. Cyprus is looking for investors to issue a sustainable bond, the Financial Director of the Public
Philanthropist Sir Stelios Haji-Ioannou awarded 10 bicommunal teams, consisting of Greek and Turkish Cypriots, who stood out in business cooperation. Each team member wins a cash prize of €10,000. At the online award
