Cyprus-based CobaltAir announced its launch later this year as a ‘NewAge’ airline that will operate regionally and throughout Europe, initially to ten destinations using a fleet of Airbus aircraft. CEO Peter Kelly,
Ten-year bond yields dropped on Monday to 3.83% from 4.01%, close to the all time low of 3.81% recorded in August 2010, in the wake of the approval of the insolvency framework
Bank of Cyprus Public Group Chief Executive Officer, John Hourican, is stepping down at the end of August, having completed nearly two years at the helm of the struggling-to-recovery bank. The news
In a state of renewal, the election of the new Board of Directors of the Cyprus Land and Building Developers Association took place recently. Well-known young business man, Panikos L. Livadhiotis, one
Limassol-based shipping company Lavar Shipping, on the year of its 50th anniversary, is celebrating victory in this year’s Ayia Napa Triathlon Team Event, which took place on Sunday 5 April at the
In accordance with its international commitment to continuous development, DHL Express Cyprus recently completed an upgrade of its facilities in Nicosia, Limassol and Larnaca. The company renovated its offices and customer service
Yet another shop has been added to PrimeTel’s network, which is located on 11, Eleftherias Avenue in Deryneia and is ready to welcome the company’s subscribers. Beginning its operations, the shop will
Moderate veteran politician Mustafa Akinci made it through to the second round of presidential elections in the Turkish-occupied north of Cyprus, where incumbent conservative leader Dervis Eroglu failed to secure a first-past-the-post
House prices in Cyprus fell by 3.0% in the fourth quarter of 2014, rose by 1.1% in the euro area and rose by 2.6% in the whole EU, compared with the last
Annual inflation was -1.4% in March in Cyprus, down from -0.8% in February, according to Eurostat, the statistical office of the European Union. Euro area annual inflation was -0.1% in March, up
