Nasos Ktorides, the Chairman and Chief Executive Officer of EuroAsia Interconnector, the international subsea cable project with a transmission capacity of 2000MW between Israel and Europe, is recovering after crashing his paraglider
An earthquake measuring 5.5 on the Richter scale was recorded very near Turkey’s popular holiday resort of Antalya at midnight Thursday and was felt as far away as Cyprus and the Greek
The Shacolas Group of companies, the island’s leading retail consortium, said that first-half profits at its five main subsidiaries totalled €53.3 mln, paying €32.7 mln in dividends so far this year and
PwC Cyprus has taken 70 young university graduates who will join the firm’s training programmes to qualify as chartered accountants. PwC Cyprus CEO Evgenios Evgeniou and Philippos Soseilos, Head of Human Capital,
The number of applications submitted to the Department of the Registrar of Companies and Official Receiver for company registration increased for the sixth consecutive month, in August 2014. However it remained at
Cyprus parliament postponed for tomorrow (Saturday) the scheduled for Friday plenary session for the approval of a foreclosures bill, which is a precondition for the disbursal of the next tranche of the
President-elect Jean-Claude Juncker may still be interviewing candidates for Commissioners, but the EU news and policy site EurActiv has seen a draft organigram http://png.euractiv.com/files/commissioners_092014-en-v4.png in which every single commissioner is assigned a
Nine airline companies and investment funds have submitted non-binding business plans to take over the government’s 94% stake in ailing Cyprus Airways (CAIR), burdened with high costs, a shrinking network and dropping
European Commissioner responsible for trade Karel de Gucht said on Thursday that the EU will be asking US and Canada to open their markets to European products which have been hit by
Revenue from tourism increased by €43,4 million in June, 2014, compared to the same month in 2013, while during the first half of the year, revenue increased by €81,1 million, according to
