Greece’s Eurobank is reportedly edging towards a takeover of Hellenic Bank as it prepares to increase its stake in the island’s second-largest lender past 30%. Once it reaches the 30% benchmark, according
Cypriot banks are under pressure from EU authorities, as the latest data from the European Central Bank shows they offer their customers the lowest savings rates in the eurozone. Finance Ministry sources
Nintendo, creator of Pokémon and Mario, is the most known and most liked gaming company in the United States, ahead of US gaming giants Electronic Arts, Epic Games and Activision Blizzard, according
An increase in Kosher products on the island, combined with the opening up of the once protective Israeli market, has widened prospects of Cypriot exports to the neighbouring country. The local Jewish
Some 159 CEOs in Cyprus expect a decrease in global economic growth but are more optimistic about the Cypriot economy over the next 12 months, according to PwC’s annual Global CEO Survey.
The deadline for registration under the UK’s new Register of Overseas Entities (ROE) expired on 31 January. As of 1 February, the UK government announced that only 19,510 registered overseas entities –
Cyprus’ second-largest lender, Hellenic Bank, posted 2022 full-year net profits of €24.2 mln, a rise of 307% year-on-year. “Despite the challenges caused by the war in Ukraine and the inflationary pressures, we
Cyprus Airways partners with Atarev Software Solutions to further improve its revenue management strategy and offer its customers the lowest available fares. The collaboration, which will include strategic consulting and the introduction
Cypriot dairy producers are excited that Israel has lifted customs duty applicable to various cheese products, paving the way for halloumi to conquer another market. In comments to the Financial Mirror, Chamber
Bank of Cyprus has “the wind in its sails” and has upgraded its guidance for 2023 after exceeding targets last year, its chief executive officer said, a decade after the island’s biggest
