BANKS Banks agree: Employees to get €4,500 in bonuses, salary hikes and expanded loans Panayiotis Rougalas Cyprus’ bank staff are looking at a festive season with some serious perks on the horizon. After weeks of negotiations, banks and the union ETYK have reached a final agreement on a new collective contract covering 2023–2027. READ MORE
Cyprus Open University gets €2.6 million for tech and resources President Christodoulides allocates funding to enhance digital equipment and human resources for next three years Source: CNA 29/08/2023 | BUSINESS
Sailing back to the future as WindWings propel shipping's green revolution Innovative 100-foot wing sails make a comeback, promising up to 30% fuel savings on commercial vessels 29/08/2023 | BUSINESS
Leonid Radvinsky: The mastermind behind OnlyFans Unveiling the entrepreneur who is now worth billions after buying the platform for only $11,000 28/08/2023 | BUSINESS
University of Nicosia plans medical school expansion to Athens Cyprus' leading educational institution expands with medical school branch in Athens Kathimerini Greece Newsroom 25/08/2023 | BUSINESS
Easylyzi to buy Kotsovolos PPC's intentions unclear regarding Kotsovolos purchase Newsroom 23/08/2023 | BUSINESS
Eurobank secures full control of Hellenic with Pimco share acquisition Strategic move elevates Eurobank's stake to 46.5% and sets stage for mandatory public offer Panayiotis Rougalas 23/08/2023 | BUSINESS
Transport and storage grow by 22.3% Business activity in Cyprus transport and storage jumps by 17.3% in Q2 2023 Panayiotis Rougalas 23/08/2023 | BUSINESS
City of Dreams Mediterranean partners with Cablenet A powerful partnership for a technologically advanced resort experience 22/08/2023 | BUSINESS
EuroAsia interconnector seeks alternative funding Debate heats up as controversy surrounds viability of Cyprus' electricity project amid financing struggles George Kakouris 21/08/2023 | BUSINESS