* Staff cuts, efficiencies will make it more profitable * The Electricity Authority of Cyprus is finally entering the alternative energy market with a 3MWp solar park near Tseri that will come online next month and a larger 30MWp plant near Limassol by the end of 2015 that will be the biggest of its kind
More
. The controversy surrounding the flamboyant adventures and rapid demise of bitcoin promoters Neo & Bee has once again raised the crucial need to regulate or at least understand the virtual currency, one of a handful of crypto-currencies traded, stored and shared worldwide. Those who had ardently fought against the introduction of the bitcoin in
More
The High Commissioner of the Republic of Cyprus in the UK Euripides Evriviades held a meeting on Wednesday with the Secretary-General of the London-based International Maritime Organisation (IMO) Koji Sekimizu, during which he presented his credentials as the country’s new Permanent Representative to the Organisation In a private discussion Mr Evriviades conveyed the President of
More
The European Commission Wednesday activated the second and final stage of the infringement procedure against Cyprus, Ireland , Italy, Luxembourg and Romania for failing to implement in national law Directive 2013/25/EU of 13 May 2013 adapting certain Directives in the field of right of establishment and freedom to provide services to the accession of the
More
Οpportunities for growth exist in the majority of economic sectors of Cyprus, President Nicos Anastasiades told a Business Forum in Dubai on Wednesday, attended by members of the United Arab Emirates’ Chamber of Commerce and Industry, the Cyprus Chamber of Commerce and Industry, the Cyprus Investment Promotion Agency and the Cyprus-GCC Business Association. “Especially today,
More
The annual inflation in Cyprus marked an increase in March, remaining however negative, according to data released Wednesday by Eurostat. The Statistic Service of the EU notes that in March 2014, negative annual rates were observed in Bulgaria (-2.0%), Greece (-1.5%), Cyprus (-0.9%), Portugal and Sweden (both-0.4%), Spain and Slovakia (both -0.2%) and Croatia (-0.1%).
More
Etihad Airways, the national carrier of the United Arab Emirates, today announced it will boost frequency and capacity to Larnaca and Athens, adding depth to its expanding network, while enhancing connectivity over its Abu Dhabi hub. Peter Baumgartner, Etihad Airways Chief Commercial Officer, said: “These increases in frequency and capacity demonstrate our commitment to build
More
More than one million alcohol lovers choose to drink ArKay The world’s first alcohol free Liquor Company has garnered a considerable amount of attention since its completion of its 0 calories, 0 carbs, and 0 percent alcohol inspired drinks designed for everyone to enjoy. ArKay Beverages has been on the market for only two years
More
Arnott Air Suspension – the leader in aftermarket automotive air suspension products – announced the opening of a European Union office and distribution center. The EU facility, located in the Netherlands, provides local sales and support, faster shipping, payment in Euros, and an easier way for customers to return and sell cores to Arnott. Arnott,
More
Timetables set out with regard to our plans for the exploitation of hydrocarbon reserves are still in effect, Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis has said. According to an official press release issued here, invited by reporters, on the sidelines of the official visit of the President of the Republic Nicos Anastasiades
More