Maravilhosa organised a well-attended ‘brainstorming’ event at the Londa Hotel in Limassol which gathered various industries and age groups, from the public and private sector, where the discussion focused on “Are we encouraging passion and creativity in our workplaces?”. Hosted by Cyprus Marine Club at Londa Hotel in Limassol on 28 May, the first session
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. By Olga Kandinskaia Three CIIM MSc Business Management (MBM) student teams successfully completed a ‘live’ business case project for Zorbas Group, a leading local fast-growing group of bakeries and restaurants that has recently embarked on an ambitious international expansion. The winning team comprised Athina Katiri, Elena Georgiou and Maria Petrou for their project “Why
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Moody’s Investors Service has published an updated credit opinion on RCB, confirming the bank’s stable financial position in terms of capital and liquidity. According to an RCB statement, the Bank has long term deposit ratings at B1 level with stable outlook – the highest rating among Cypriot banks. The rating agency in the credit opinion
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President Nicos Anastasiades will have the opportunity to raise the issue of Turkey’s provocations and encroachment of Cyprus Exclusive Economic Zone (EEZ) at the MED7 Summit, in Valletta on Friday. The MED7 leaders will also review the elections results during the Summit`s plenary and discuss the choices for the highest posts in the EU. MED7
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Nicosia has issued arrest warrants for the crew of a Turkish drill ship anchored off the Cyprus coast after infringing its exclusive economic zone, a foreign ministry official said. "We can confirm that warrants were issued. It's a double digit number," a Cypriot official told Reuters, declining further comment. Turkey said on June 10 that
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While the Natural Gas Public Company (Defa) plans to finally seal a contract in October for the installation of an FSRU plus infrastructure, Greece’s Energean is pushing hard for the Cyprus market to be opened up. Defa’s troubled tender process – launched last year – closes on July 12, its fourth attempt to nail down
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Construction of €300 mln Ayia Napa Marina is on schedule, as phase one of the largest foreign investment in Cyprus is nearing completion, the developer has announced. Makronisos Marina Ltd, the developer of the marina, said that works on the emblematic project are moving along with a steady pace. The company said that once completed,
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Cyprus must implement reforms, boost competitiveness, maintain fiscal surpluses and reconsider its passport for investment scheme, Fiscal Council president Demetris Georgiades said on Thursday. He pointed out that external risks such as trade wars and a change in the favourable monetary policy could adversely affect the Cypriot economy. “Cyprus is a small, open but indebted
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Conservationist group BirdLife Cyprus is deeply concerned about a concert scheduled to take place without any environmental permit on 23 June at Lady's Mile fearing the impact on vulnerable bird species in a protected area. “In the summer, beaches like Lady's Mile are a popular destination for bathing, dining or even events. But what may
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Nicosia is set to see another tower rising on its skyline, as work on the 20-story Labs Tower, in the centre of the capital, owned by an Israeli billionaire is picking up speed. Construction started last year and is expected to be completed by mid-2020. The Labs Tower which is to stand 90 meters tall
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