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Cyprus - Page 910

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HERITAGE: Looted icon of Saint George coming home to Cyprus from Switzerland

An 1829 Greek Orthodox icon of St. George, looted from the village of Karavas after the 1974 Turkish invasion, is set to be repatriated after it was confiscated by the Swiss authorities.

23rd August 2018
Cyprus

ENVIRONMENT: Thousands to take part in World Clean-up Day in Cyprus

Around 5% of the island’s population will take part in World Clean-up Day 2018 in September when for the very first time there will be simultaneous participation of 150 countries, including Cyprus.

23rd August 2018
Cyprus

BANKING: Apollo ready to buy 3.5 bln dollars of Bank of Cyprus bad loans

Apollo Global Management is the preferred bidder to buy a non-performing loan portfolio being sold by Bank of Cyprus, according to Bloomberg. Bank of Cyprus and Apollo are in talks in London

23rd August 2018
Cyprus

CYPRUS: HB EGM rubber stamps cap raise to fund Co-op takeover

Shareholders gave their nod of approval Wednesday to Hellenic Bank’s proposed capital increase that will fund the takeover of the ‘good assets’ of the state-controlled Cyprus Co-operative Bank, a process that will

22nd August 2018
Cyprus

ECONOMY: Cyprus to achieve investment grade after years in the junk yard

Bailed-out Cyprus is well on its way to regaining investment grade status after six years in the financial wilderness following an economic meltdown. Government Spokesman Prodromos Prodromou talked up the government’s progress

22nd August 2018
Cyprus

ENERGY: Cyprus to renegotiate with Aphrodite gas field consortium

Nicosia will renegotiation the contract with the consortium that holds the license to exploit Aphrodite gas field in block 12 of Cyprus Exclusive Economic Zone. Energy Minister George Lakkotrypis told reporters after

22nd August 2018
Cyprus

FOOTBALL: Omonia FC clinches €1 mln sponsor deal with Fonbet

As Cyprus football teams get ready for the season kick off this weekend, recently rescued Omonia FC has announced a major sponsorship deal with online sports betting company Fonbet – €1 mln

20th August 2018
Cyprus

JOBS: Emirates to host ‘open day’ for staff from Cyprus

Emirates, the Dubai-based airline that has been flying to Cyprus since 1994, is returning to Larnaca for an ‘open day’ recruitment day and to meet candidates wishing to join its multinational cabin

20th August 2018
Cyprus

CYPRUS: HB-CoOp staff deal may need rethink as 1,000 opt for payout

Hellenic Bank and the Co-operative Central Bank may need to rethink the government-sponsored staff restructuring plan as the number of people who have opted for the voluntary retirement scheme (VRS) could exceed

20th August 2018
Cyprus

CYPRUS: Egyptian hijacker is extradited to Cairo after legal battle

Cypriot authorities said on Sunday that an Egyptian man who hijacked a plane and diverted it to the Mediterranean island in 2016 has been handed over to Cairo ending a two-year extradition

19th August 2018
Cyprus
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