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
Fattal Group acquires Grand Resort Hotel Israeli hospitality conglomerate adds five-star Limassol hotel to growing collection in strategic move for island's tourism ... Newsroom / CNA 21/08/2023 | BUSINESS
Hotel bookings hit 95% in August, says PASYXE president Thanos Michaelides highlights strong August bookings, emerging markets, and future investments Source: CNA 21/08/2023 | BUSINESS
Investment fund assets surge by almost €1 billion in 2023 Central Bank data reveals sharp increase in investment funds' assets and numbers Source: CNA 17/08/2023 | BUSINESS
Cabinet to decide on flexible working in Cyprus public sector As the Council of Ministers contemplates flexible working, skepticism abounds about true change Newsroom / CNA 16/08/2023 | BUSINESS
Sweet success as Cyprus' ice cream exports trend upward Rising exports to non-EU markets alongside global ice cream insights Newsroom / CNA 15/08/2023 | BUSINESS
Loan denial sparks debate over EuroAsia electricity project Controversy arises as European Investment Bank's decision to withhold loan for EuroAsia electricity initiative raises questions ... Newsroom 14/08/2023 | BUSINESS
Outdoor work suspended amid heat wave Safety measures enforced by Labor Department Newsroom 14/08/2023 | BUSINESS
Alert issued amid spate of prepaid card scams Police investigate series of frauds involving PaySafe cards Source: CNA 11/08/2023 | BUSINESS
Startups get boost from new PRE-SEED program €119,999 available in funding and expertise Newsroom / CNA 11/08/2023 | BUSINESS
Is home really the best office? More evidence shows that fully remote work brings down productivity 11/08/2023 | BUSINESS
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