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12° Nicosia,
29 March, 2024
 

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Displaying results 61-90 of 260 matches for query acquisition.

61. Is Cyprus banking sector heading for a shake-up?

https://knews.kathimerini.com.cy/en/news/is-cyprus-banking-sector-heading-for-a-shake-up

The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...

62. CDB Bank and Astrobank in talks for potential acquisition

https://knews.kathimerini.com.cy/en/business/cdb-bank-and-astrobank-in-talks-for-potential-acquisition

In an official announcement released by CDB Bank to the Cyprus Stock Exchange, both banks have confirmed discussions regarding the potential acquisition of CDB Bank by Astrobank. ...

63. Fattal Group acquires yet another holiday property in Cyprus

https://knews.kathimerini.com.cy/en/business/fattal-group-acquires-yet-another-holiday-property-in-cyprus

The facelift at Elias Latsi Holiday Village Resort is progressing smoothly, thanks to the recent positive response from the Environmental Authority....

64. Recovery and Resilience measures target non-performing loans

https://knews.kathimerini.com.cy/en/news/recovery-and-resilience-measures-target-non-performing-loans

In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...

65. Court sets bail at €12.7 million for Ukrainian billionaire in money laundering case

https://knews.kathimerini.com.cy/en/news/court-sets-bail-at-€12-7-million-for-ukrainian-billionaire-in-money-laundering-case

Ihor Kolomoisky is the latest target of the country's anti-corruption drive....

66. Erdogan's son-in-law spotted aboard US Military Vessel

https://knews.kathimerini.com.cy/en/news/erdogan-s-son-in-law-spotted-aboard-us-military-vessel

The son-in-law of the Turkish president and self-proclaimed entertainer, who comes from a family business but also made his own way, is a conservative supporter of Ottoman tradition and a pioneer. ...

67. Eurobank acquires 17.3% stake in Hellenic Bank for €167.9 million

https://knews.kathimerini.com.cy/en/news/eurobank-acquires-17-3-stake-in-hellenic-bank-for-€167-9-million

The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...

68. Easylyzi to buy Kotsovolos

https://knews.kathimerini.com.cy/en/business/easylyzi-to-buy-kotsovolos

The company Easylyzi is considering the acquisition of Kotsovolos. Easylyzi offers a comprehensive PaaS platform connecting businesses and consumers to a wide range of products on a subscription basis....

69. Eurobank secures full control of Hellenic with Pimco share acquisition

https://knews.kathimerini.com.cy/en/business/eurobank-secures-full-control-of-hellenic-with-pimco-share-acquisition

Eurobank has successfully acquired all shares of Pimco in Hellenic Bank for €167.9 million, equivalent to €2.35 per share, solidifying its position as the predominant shareholder....

70. Fattal Group acquires Grand Resort Hotel

https://knews.kathimerini.com.cy/en/business/fattal-group-acquires-grand-resort-hotel

The Israeli hospitality conglomerate, Fattal Hotel Group, is continuing its expansion in Cyprus by acquiring the five-star GrandResort hotel in Limassol, according to an announcement by Invest Cyprus. ...

71. ''Foreign Minister'' vows to proceed with controversial road project

https://knews.kathimerini.com.cy/en/news/foreign-minister-vows-to-proceed-with-controversial-road-project

Amid escalating tensions, Tahsin Ertugrologlu, the "foreign minister" of the occupied territories, remains adamant that the proposed road breaching the buffer zone is a humanitarian endeavor devoid of ulterior motives. ...

72. Nearly 7,000 property purchase permits granted in 2.5 years

https://knews.kathimerini.com.cy/en/news/nearly-7-000-property-purchase-permits-granted-in-2-5-years

In the span from January 2021 to August 2023, approximately 6,958 foreigners were given the authorization to acquire real estate within the occupied territories, as reported by ''official'' data, according to a Yeni Dusen report....

73. Battling medicine shortages head-on

https://knews.kathimerini.com.cy/en/news/battling-medicine-shortages-head-on

Recommendations to pharmaceutical companies to increase their production capacity of antibiotics for the treatment of respiratory infections, and to EU member states not to stockpile them at the expense of their general availability in Europe, were addressed by the European Health Emergency Preparedness and Response Authority (HERA) ahead of the winter....

74. Uncontrolled land sales in occupied territories raise concerns

https://knews.kathimerini.com.cy/en/news/uncontrolled-land-sales-in-occupied-territories-raise-concerns

Kudret Ozersai, Chairman of the People's Party of the "TRNC", has sounded an alarm over the potential danger posed by unregulated real estate sales via companies in the pseudo-state. Ozersai has demanded immediate transparency regarding the extent of land areas sold to foreigners....

75. Electrifying Cyprus: Only 2.5K EVs drive the change

https://knews.kathimerini.com.cy/en/news/electrifying-cyprus-only-2-5k-evs-drive-the-change

A total of 26,462 vehicles have been registered with the Department of Road Transport between January and July 2023, according to the most recent data released by the Department of Statistics. Out of the overall new registrations, 701 were electric vehicles, with 502 of them being private saloon cars....

76. Should you sell your family business?

https://knews.kathimerini.com.cy/en/business/should-you-sell-your-family-business

A common response from family business owners when asked the above question is, "Let them make an offer, and we'll see."...

77. NPL crisis highlights tug of war between borrowers and legislation

https://knews.kathimerini.com.cy/en/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation

The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...

78. Varosha hotels now accepting bookings for 2025

https://knews.kathimerini.com.cy/en/news/varosha-hotels-now-accepting-bookings-for-2025

The latest developments in Varosha have been brought to light by Yeni Bakis newspaper. ...

79. Shazam founder at the Digital Agenda Cyprus Summit '23

https://knews.kathimerini.com.cy/en/news/shazam-founder-at-the-digital-agenda-cyprus-summit-23

Dhiraj Mukherjee, the co-founder of Shazam Entertainment, pioneered the development of the world's first mobile phone-based music recognition service. This groundbreaking technology caught the attention of Apple, leading to its acquisition in 2017 for a staggering $400 million....

80. Applications open for 'Rent in Exchange' program

https://knews.kathimerini.com.cy/en/news/applications-open-for-rent-in-exchange-program

"The submission of applications for the 'Rent in Exchange for Installment' program will begin in October," said Ioanna Markidou, Chief Economist A' at the Ministry of Finance, in a statement to CNA....

81. Loan demand in Cyprus falls, interest rates rise

https://knews.kathimerini.com.cy/en/news/loan-demand-in-cyprus-falls-interest-rates-rise

The Cypriot banking institutions are holding a small basket for demand in new loans....

82. Proposed foreclosure reforms spark debate in Cyprus

https://knews.kathimerini.com.cy/en/news/proposed-foreclosure-reforms-spark-debate-in-cyprus

Three proposals will be discussed at the last Plenary Session of the House of Representatives before the summer recess, along with three scenarios regarding the outcome of the foreclosure framework....

83. Parliament approves foreclosure law

https://knews.kathimerini.com.cy/en/news/parliament-approves-foreclosure-law

A significant mobilization by the Government and the Central Bank of Cyprus took place this week regarding the framework of foreclosures, primarily to withdraw the "problematic" proposal that, according to the state and banks, would have negative consequences for the Cypriot economy....

84. The government's seven proposals for vulnerable individuals

https://knews.kathimerini.com.cy/en/news/the-government-s-seven-proposals-for-vulnerable-individuals

Finance Minister Makis Keravnos submitted seven government actions aimed at addressing issues related to non-performing loans to Parliament yesterday....

85. President urges solution as foreclosure laws vote approaches

https://knews.kathimerini.com.cy/en/news/president-urges-solution-as-foreclosure-laws-vote-approaches

Cyprus is heading towards suspending first residence property foreclosures up to 350,000 euros until the end of October....

86. F-35 approval halted until after Vilnius

https://knews.kathimerini.com.cy/en/news/f-35-approval-halted-until-after-vilnius

Washington’s concern over upsetting Turkey and jeopardizing Sweden’s NATO membership appears to have drawn the Greek F-35 issue into the mix, delaying the official congressional notification, Kathimerini understands, until after the Vilnius Summit in July...

87. MPs move forward with divestment changes

https://knews.kathimerini.com.cy/en/news/mps-move-forward-with-divestment-changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

88. Cyprus takes center stage as it strengthens its defense planning

https://knews.kathimerini.com.cy/en/news/cyprus-takes-center-stage-as-it-strengthens-its-defense-planning

Last week, Ankara used the reference to the ''Republic of Cyprus'', the legitimate and internationally recognized state entity on the island of Cyprus, in the ongoing regional plans of NATO as a pretext to derail the process....

89. Anticipating the arrival of natural gas in Cyprus

https://knews.kathimerini.com.cy/en/news/anticipating-the-arrival-of-natural-gas-in-cyprus

After attending a workshop on energy issues in Nicosia and engaging in meetings with stakeholders in the UK, George Papanastasiou, the Minister of Energy, Trade, and Industry, is now embarking on a two-day working visit to Israel. ...

90. Cyprus's slow ride on the electric car bandwagon

https://knews.kathimerini.com.cy/en/news/cyprus-s-slow-ride-on-the-electric-car-bandwagon

We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....

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