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61. Western businesses’ flight from Russia continues

Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....

62. Historic leak of Swiss banking records reveals unsavory clients

Despite two decades of pledges by Credit Suisse to crack down on illegitimate funds, data leaked from the bank reveals that it catered to dozens of criminals, dictators, intelligence officials, sanctioned parties and political actors with outsized wealth....

63. Alpha bank group sells €2.4 billion NPL and real estate portfolio in Cyprus

Alpha Services and Holdings S.A. (together with its subsidiaries) has reached an agreement with an affiliate of Cerberus Capital Management, L.P. for the sale of a portfolio of Cypriot non-performing loans and real estate properties of a total gross book value of 2.4 billion euro....

64. Teddy Sagi's Playtech embroiled in takeover battle

Israeli billionaire Teddy Sagi, the founder of Playtech, declined to comment on the withdrawal of Eddie Jordan's potential bid for the online gambling company he founded back in 1999....

65. Redevelopment of Larnaca port and Marina on track for implementation, Minister says

The €1.2-billion project for the joint redevelopment of the Larnaca port and the Marina area is on track for implementation, Minister of Transport, Communications and Works, Yiannis Karousos, said on Wednesday....

66. Cyprus is expected to be more affected by climate change in the coming decades

Cyprus is expected to be much more affected by climate change in the coming decades, said today the Minister of Agriculture, Rural Development and Environment Costas Kadis,...

67. Hertz orders 100,000 Tesla cars

Hertz Global Holdings Inc., placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet,...

68. EY acted as lead advisor to the Government of the Republic of Cyprus for the re-development of the Larnaca Port and Marina area

The Strategy and Transactions team of EY Cyprus undertook a lead financial advisory role on behalf of the Ministry of Transport, Communications and Works (“MTCW”) of the Republic of Cyprus in the successful completion of the transaction for the re-development of the Larnaca Port and Marina area between the Government of the Republic of Cyprus and Kition Ocean Holdings Ltd. ...

69. New Life in Cyprus of Russian Businessman after unfair seizure of Promsvyazbank

In 2017 Dmitry Ananiev was at the peak of his success. He and his brother Alexei owned a bank, an IT firm and an office complex overlooking the Moscow River. ...

70. Berengaria sees hope on the horizon

Local media reported on Thursday that investors have been found for a potential revival of the historic Berengaria, with rumours pointing to renovation plans for the abandoned property in the Troodos Mountains...

71. K. Treppides & Co Ltd: Family offices and Succession Planning for the Next Generation

The expansion of the family office sector has increased exponentially since the millennium. For most family offices, the greatest challenge to overcome is the successful transfer of the family structure to the next generation....

72. Italgas to enter Greek market

Italy’s biggest natural gas distribution company, Italgas, is on the verge of entering the Greek market. Kathimerini understands that Europe’s third largest gas distributor is very close to reaching an agreement with fellow Italian Eni Gas e Luce for the acquisition of the latter’s portfolio in the Greek gas grid....

73. Giuliani implicates Cyprus in Biden claim

President Trump’s personal attorney Rudy Giuliani has implicated Cyprus in Ukrainian money laundering assertions he has made regarding Joe Biden’s son Hunter...

74. S&P affirms Bank Of Cyprus ratings

Standard & Poor’s affirmed on Tuesday their `B+/B` long- and short-term issuer credit ratings on Bank of Cyprus Public Co. Ltd. (BoC), noting that the outlook is stable...

75. Larnaca on the rise

The construction of the tallest building in Larnaca and third tallest in all of Cyprus has received the green light from local environmental authorities, which will undoubtedly change the famous Finikoudes strip...

76. French CNP buys BOC stake in Cyprus subsidiary for $97.5 million

77. J&P AVAX to build Bulgaria-Greece gas pipeline

78. IMF warns of 'increasing headwinds to sustained growth'

79. Ackermann buys 400,000 shares in Bank of Cyprus

80. Israel's Delek considers London IPO for Leviathan and Aphrodite gas stake

81. Bank of Cyprus Board proposes Takis Arapoglou for new Chairman

82. Bank of Cyprus sells NPEs amounting to €34 million to APS Delta

83. US charges Huawei with bank fraud, theft of trade secrets

84. Attorney General appeals acquittal of former Bank of Cyprus CEOs

85. US probe of China's Huawei includes bank fraud accusations

86. Nicosia Mall: 130 000 visits in 5 days

87. Greece's Eurobank to acquire Grivalia Properties

88. CBC releases investment fund data

89. Cobalt Air to change ownership

90. ECB starts buying Cypriot bonds after ratings upgrade