Economic sentiment deteriorated in August to a 17-month low, as the University of Cyprus index decreased by 4.5 points from July amid a cost of living crunch. The decrease in the ESI-CypERC
In today’s uncertain business environment, organisations must be able to move quickly to seize opportunities ahead of the competition. Cloud services have an important role to play in making the business they
The Cyprus Securities and Exchange Commission (CySEC) closely monitors the non-binding takeover bids of the largest lender Bank of Cyprus, filed by US investment fund Lone Star. It is also in consultation
Cyprus airports operator Hermes has initiated a sustainability programme by selling lemonade picked from the trees at Larnaca and Paphos airports, using the funds to support three local initiatives. Staff at both
The saga of Cyprus’ defunct Citizenship for Investment scheme is again on the House agenda, following the Auditor General’s report that €220 mln was lost due to a possible criminal lack of
At a time when Cyprus is positioning itself on the world map as one of the fastest-growing destinations for companies specialising in technology, research and innovation, Cypriot company Point Nine supports this
Despite strong inflationary pressures crushing household incomes, the value of new mortgages taken out had reached its highest level since December 2014, when the Central Bank began recording data. Net new mortgage
The Finance Ministry welcomed Moody’s acknowledgement the Cyprus economy was resilient and had the potential to overcome the challenges. The ministry issued a statement following Moody’s decision to change the outlook on
Bank of Cyprus has rejected a triple takeover bid by Texas-based investment fund Lone Star, with the last offer valuing the deal at €727.25 mln, almost 50% above the bank’s current market
The first half of 2022 has been a half to forget for AIFM. It was the worst half of the year for the S&P 500 index since 1970, and there was nowhere
