By Paul Ausick, 24/7 Wall St.com Noble Energy Inc. (NYSE: NBL) announced Tuesday morning that it has agreed to sell a 3% working interest in the Tamar field offshore of Israel to an Israeli partnership for a total of $369 million. The buyers are Harel Group, an insurance provider and pension manager, and the Israel
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. Dr Olga Kandinskaia Recent trends in education, and business education in particular, emphasise the importance of “learning by doing”. As Benjamin Franklin famously wrote: “Tell me and I forget, teach me and I may remember, involve me and I learn.” Leading business schools abroad increasingly include real-life company projects into their academic curriculum to
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Medochemie, the leading pharmaceutical company in Cyprus, celebrated its 40 th anniversary with a host of cultural and other events, including sponsorships. The main event was held at Ancient Curium, with the performance by popular singer Alkistis Protopsalti. In his addres at the event, President Nicos Anastasiades praised Medochemie, whose sales account for about
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. The warming of relations between Turkey and recent ‘foes’ Israel and Russia, as well as the Brexit vote, should not be viewed indifferently, as both events, in their own way, should act as a wake-up call for Cyprus to finally design a strategic plan. On the one hand, naïve thinkers wrongly assumed that
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. * Is BOE Governor Mark Carney the man who can save the UK from ruin? * By Oren Laurent President, Banc De Binary The financial apocalypse that analysts were promising if Britain voted for a Brexit has not yet come to pass, although everything remains up in the air. Scaremongering tactics were used on
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President Nicos Anastasiades has pledged that his government will continue to actively support the growth of the financial services sector. In his address during the 20th anniversary celebrations of the Cyprus Securities and Exchange Commission (CySEC), he said that Cyprus “is emerging stronger than ever from an unprecedented crisis and our journey along the road
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MeritKapital UK Ltd announced the approval of its FCA license (license # 720609) to act in its capacity as a matched principal broker in the United Kingdom. MeritKapital UK is affiliated with CySEC-licensed MeritKapital Ltd (#077/06, Cyprus) by means of common shareholders. The management team of MeritKapital considers this expansion opportune due the perks
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Civil marriages in Cyprus, mainly from neighbouring and other European countries, are expected to generate some EUR 120 mln for the economy, according to Antigoni Kapodistria, a senior official at the Cyprus Tourism Organisation (CTO). Couples wishing to combine their wedding with holidays in Cyprus mainly come from the UK, Israel, Lebanon, Russia and
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The main trends, opportunities and challenges facing businesses in financial services, entertainment and the mass media, construction and retail trade were the focus of an event held in Nicosia by PwC Cyprus. The discussion was based on the findings of the 19th CEO Survey, entitled “Redefining business success in a changing world”, which gathered the
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Aristo Developers Ltd and Bank of Cyprus have reached an agreement for the full repayment of all the Group’s outstanding loans to the bank, amounting to EUR 283 mln. Through a debt-for-assets swap, Aristo Developers transferred properties to the bank, which, based on the valuations made by the Bank of Cyprus, amounted to at
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