In September, annual car sales plunged 19.6%, while vehicle registrations were also down by nearly 5% for the first nine months of the year. Last month, total registrations of motor vehicles were
Another successful event was held by IFX Expo International 2021 this week in Limassol at the Parklane Hotel, where dozens of financial services firms, including many other service providers, gathered to promote
Time is running out for Cyprus to fulfil its European Commission obligations for the next instalment of €85 mln from the EU’s Recovery and Resilience Fund, with officials urging MPs to pass
Following the completion of its appraisal drilling, Venus Minerals has confirmed a significant gold component in Kokkinoyia, in addition to zinc and copper, identifying the deposit as a copper-gold-zinc mineral system. It
In September, inflation in Cyprus remained relatively high as rising fuel and energy costs kept it at 4.1%, although lower than the 5% in August. Food and non-alcoholic beverage prices slowed while
Cyta held on to the throne of Cyprus mobile telecoms, leaving the runners-up content with second place and a steady revenue stream, with lower overheads than the state-owned telco. Despite Cyta suffering
ERA department stores, formerly Debenhams Cyprus, have appealed a Paphos court decision ordering the company to terminate the use of the Korivos Shopping Centre situated opposite the Stelios Kyriakides stadium. The CTC
Hellenic Bank announced a 19% increase in first half profits to €21 mln, from €17.7 mln in the same period last year, with the Group chief executive describing it as “solid performance”.
Hellenic Bank has set up a dedicated unit to deal with ‘green economy’ issues, as well as implementing ESG principles of environmental and social responsibility and implementing sound governance practices. The bank, which
We have been empowering fintech firms with the regulatory technology (RegTech) tools required to drive efficiency and navigate an ever-changing regulatory landscape for several years. As a dedicated RegTech company, we are
