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
In Cyprus cash is king Cyprus and Greece top the list of using traditional dough for money transactions Newsroom 13/04/2018 | BUSINESS
Georgiades makes a “good case” for Co-op sell-off Cyprus Cooperative Bank at a crossroads with two options on the table Newsroom 12/04/2018 | BUSINESS
House prices in Cyprus increased 2.7% on a quarterly basis The quarterly rise in property prices is among the highest in the European Union Newsroom 11/04/2018 | BUSINESS
Alpha Cyprus gets new owner Seven million deal makes no noticeable changes for viewers Newsroom 11/04/2018 | BUSINESS
Tesco beats guidance with 28 percent full-year profit increase The supermarket group made an operating profit before exceptional items of 1.644 billion pounds Source: Reuters 11/04/2018 | BUSINESS
Revenue from tourism spikes 8.5% in January Income from tourism reached €38.4 million in January compared to €35.4 million in the same month of 2017 Newsroom 10/04/2018 | BUSINESS
Hundreds of flights cancelled in Germany as airports hit by public sector strikes Lufthansa said it was cancelling more than 800 of its planned 1,600 flights on Tuesday Source: Reuters 10/04/2018 | BUSINESS
Limassol company fined €8000 for oil pollution Authorities issue out of court fine on the spot Newsroom // | BUSINESS
Privatisation of Co-op may lead to the creation of a 'bad bank' The Finance Ministry deposited €2.5 billion in the CCB to allay fears over a bank run Newsroom / CNA 06/04/2018 | BUSINESS
Uber to suspend service in Greece after new legislation It operates a licensed service in Athens has faced opposition from local taxi drivers who accuse it of taking their business ... Source: Reuters 05/04/2018 | BUSINESS