ECONOMY Photo courtesy CIO Business World From Silicon Valley to Cyprus, tech titans eye the island for their next big move Newsroom Cyprus is making bold moves on the global investment stage, with recent diplomatic and business outreach campaigns targeting major players in the U.S. and India. READ MORE
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
Cyprus forecasts high GDP growth of 3% plus until 2021 Tourism and shipping are expected to drive the economy forward over the next three years Newsroom 22/05/2018 | BUSINESS
Sir Stelios launches 10th Bi-Communal Awards The objective of Sir Stelios’ philanthropic act is to strengthen the socio-economic ties between the two communities Newsroom 22/05/2018 | BUSINESS
