* Company evolves in parallel with Samsung to become leading medical supplier in Cyprus * IMS Iatromed Services Ltd., one of the leading medical equipment suppliers in Cyprus, has set its sights on a major new government contract worth about EUR 4 mln, for the supply, installation and support of digital X-ray equipment at all
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. By Tom Lawrence Reactions to the breakdown of the talks to reunite Cyprus in Crans Montana last week have been predictable. The Greek Cypriots have laid the blame on Turkey, Turkey and the Turkish Cypriots, while some anonymous international sources have laid the blame on the Greek Cypriots. Others have blamed the UN for
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By Lukman Otunuga, Research Analyst at FXTM The Greenback was neatly packaged and delivered to bears on Tuesday, following reports of emails that show President Donald Trump’s eldest son met with a Kremlin-linked Russian lawyer prior to the US general elections last November. This fresh revelation has added to the political uncertainty in Washington and
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Bank of Cyprus has been named Best Subcustodian Bank in Cyprus for 2017 for the fourth consecutive year, according to the annual recognition awarded by Global Finance magazine. The publication granted the same award to Bank of Cyprus in the past three consecutive years, and this recognition serves as a confirmation of the high
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As of July 1, the tax treatment of intra-group financing arrangements has been amended in Cyprus, according to an announcement by regional business advisory firm Eurofast. Intra-group financing transactions refers to finance activities between related parties (as defined in Section 33 of the Income Tax Law), including permanent establishments in Cyprus. Based on the Interpretative
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. It was strike time again this week, with about two thirds of the staff at the Co-operative Central Bank not showing up for work, seeking pay rises where their employer has nothing to offer, and ignoring proposals that these matters be part of a general package when 25% of the shares in the Co-op
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. By Alon Ben-Meir Tens of thousands have been killed over 40 years of bloodletting between Turkish forces and the Kurdistan Workers’ Party (PKK), and tragically there seems to be no end in sight. In May 2016, President Erdogan stated that military operations against the PKK will continue until “the very last rebel is killed.”
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Ermes Department Stores, a member of the Cyprus Trading Corporation group, has struck a partnership deal with SPAR International, the world’s largest voluntary food retail chain. The new entity, SPAR Cyprus, aims to become the leading wholesale and retail service provider to independent retailers in Cyprus. The first SPAR stores are expected to open
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Twenty-two years after the Srebrenica Genocide, it is essential to uphold a transparent and truthful narrative of what happened, and to continue efforts – regardless of the time that has passed – to bring those who were responsible to justice, International Commission for Missing Persons (ICMP) Director-General Kathryne Bomberger said on Tuesday. Bomberger said
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The European Union Council of Finance Ministers (ECOFIN) has reiterated five categories of macroeconomic recommendations for Cyprus as agreed on June 15, following the publication in February of the country-specific recommendations (CSRs) on macroeconomic and fiscal policy by the Commission. According to the final text, Cyprus must continue its prudent fiscal policy, achieve the
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