Egypt and Israel sent two new diplomats to Cyprus on Friday, just as the three neighbours are upping the ante in their energy, trade and security relations. Cairo’s Ambassador Hussein Abdelkarim Tantawy
The Cooperative Central Bank reported a net profit EUR 46.7 mln in the first six months of the year, down from EUR 85.6 mln in the same period of 2014, due mainly
Alpha Bank Cyprus Ltd, a wholly owned subsidiary of the Greek bank, said it reduced its after tax loss of EUR 15.1 mln in the first half of the year compared to
The four main publicly-traded companies comprising the Shacolas Group reported reduced earnings in the first half of 2015, “due to low purchasing power of the consumers caused by the prolonged unemployment and
Limassol-based RCB Bank, one of four systemic banks in Cyprus that passed the ECB stress tests last October with flying colours, has opened a new branch in Nicosia, raising the total network
The monthly issue of 6-year retail bonds, the government’s alternative financing method after the economy crashed two years ago, plunged to their lowest level after the government announced a disincentive of a
All Emirates First Class and Business Class passengers travelling from Larnaca Airport will now be able to use the Express Lane facility for immigration and security at departure level 2. In a
Organisers of this year’s “Pafos Aphrodite Festival” have seen a last-minute rush for ticket sales for the opera next month for the famous romantic melodrama “La Cenerentola” (Cinderella) by Gioachino Rossini, due
Bank of Cyprus, the island’s biggest lender that was twice bailed out by shareholders and depositors, has reported two quarters of profits, improved its funding structure, boosted capital and lowered its reliance
A rise in confidence in the services sector and among consumers helped boost the monthly Economic Sentiment Indicator (ESI) by 6.6 points in August to 106.9, the highest level since the index
