Hellenic Bank shareholders approved the appointment of a new board at the annual general meeting on Wednesday, including the first female chairman of 40-year-old bank. No elections were needed since the number of candidates was equal to the number of positions to the board, with news reports suggesting that the three major institutional– online gaming
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The Cyprus issue, bilateral affairs and the crisis in the Ukraine will be the focus of the meetings during the working visit of Russian Deputy Foreign Minister Aleksey Yu. Meshkov, who will be in Cyprus 28-29 May. According to an official press release, Meshkov will be received on Thursday by President of the Republic Nicos
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Council of Ministers decided on Wednesday to extent until August 31 tourist shop opening hours under the current arrangements. “The Council Of Ministers during today`s meeting at the Presidential Palace under Acting President of the Republic Yiannakis Omirou decided to extend the existing tourist decrees until August 31 2014 under the same arrangements regarding the
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Qatar Airways commenced full operations at its new state-of-the-art hub, Hamad International Airport (HIA), in Doha. “The moment we have all been building towards for many years arrived today as QR1113 touched down, marking the historic start of our full operations at the world-class Hamad International Airport,” said Qatar Airways Chief Executive Officer, Akbar Al
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Royal Institution of Chartered Surveyors (RICS) appointed an experienced fellow member as the new Regional Managing Director of RICS Europe, Russia & CIS. His mission is bringing ethical and professional standards to the European property market and offering access to the most sought after professional status. As from May 2014, he will be looking to
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By Jameel Ahmad, Chief Market Analyst, FXTM One of the main talking points from the previous trading week was the Aussie aggressively concluding its bullish 5-month uptrend, consequently depreciating towards its lowest valuation in nearly two months. Last week saw the release of the latest RBA minutes, and they alerted the bears. It was announced
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The economic climate improved in May, as expectations in services and among consumers improved, while retail trade and constructions still suffered. The Economic Sentiment Indicator increased by 2.3 points, compared to the previous month, the Economics Research Centre of the University of Cyprus noted in its business and consumers surveys. ERC said the increase is
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The Ministry of Energy, Commerce, Industry and Tourism and the International Renewable Energy Agency (IRENA) are organizing a Workshop on “Renewable Energy Applications for Island Tourism”, to take place in Paphos, between 29-30 May. According to a press release issued Tuesday, the opening speech will be delivered by Minister of Energy Yiorgos Lakkotrypis. On the
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The Parliamentary Committee on financial and budgetary affairs has set priorities for the implementation of all prior actions required for the disbursement of the fifth bailout tranche, based on a document sent by the Finance Ministry. According to the document, by the 5th of June the Parliament must approve the establishment and operation of a
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The number of smokers in Cyprus has increased due to financial crisis related stress, while at the same time many are turning to medically assisted methods to stop smoking due to financial difficulties. According to data presented by the Ministry of Health, in Cyprus 38.1% of men and 10.5% of women smoke. At a press
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