BANKS Eurobank opens Mumbai office, links India–Europe payments Newsroom Eurobank officially opened its representative office in Mumbai on Thursday, marking a major step in its expansion into India, with Cyprus playing a key role in the new bridge between Europe and one of the world’s fastest-growing economies. READ MORE
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
Bill to scrap tourism bureaucracy heading for a vote Undersecretary for Tourism legislation could pass but CTO could also stick around Newsroom 21/05/2018 | BUSINESS
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