TECHNOLOGY TechIsland, Invest Cyprus team up to attract global tech investment Shemaine Bushnell Kyriakides In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector. READ MORE
Korean-Hellenic ship forum to highlight ties The seminar will focus on the Korean shipbuilding industry Kathimerini Greece Newsroom 29/05/2018 | BUSINESS
Government and Co-op begin consultations with bidders Teams being set up to sort through issues ahead of co-op deal Newsroom 29/05/2018 | BUSINESS
Greeks control 20% of global merchant fleet Greek shipping remains a global leader, controlling 20 percent of the global fleet in deadweight tons 25/05/2018 | BUSINESS
Cyprus Airways takes delivery of second Airbus The new aircraft will be integrated directly into the company’s summer flight programme Newsroom 25/05/2018 | BUSINESS
ARIS joins forces with Taurus Aurum to supercharge the Cypriot startup entrepreneurship ecosystem Gaining access to cutting-edge know-how to help develop and accelerate ideas 25/05/2018 | BUSINESS
IMF, Berlin still divided over Greek debt but progress in sight European Commissioner Pierre Moscovici said Greece was on the final stretch to exit the bailout Newsroom 24/05/2018 | BUSINESS
British Bases dismiss allegations over casino hold up Press release says any consultations were based strictly on environmental factors Newsroom 24/05/2018 | BUSINESS
M&S to close 100 UK stores in four years The company is accelerating a drive to re-shape its business as it strives to make at least a third of sales online Source: Reuters 22/05/2018 | BUSINESS
CBD bank fined €715,000 for non-compliance of anti-laundering rules Cyprus Development Bank fined for failure to comply with certain provisions of the Prevention and Suppression of Money Laundering ... Newsroom 22/05/2018 | BUSINESS
Cyprus tightens vetting for investment-for-passport scheme New procedures will be stricter with the number of passports granted capped at 700 a year Source: AP 22/05/2018 | BUSINESS
TECHNOLOGY
