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12° Nicosia,
30 May, 2024
 

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Displaying results 1-30 of 58 matches for query acquisitions.

1. Resilient CEOs embrace AI, plan for sustainable futures

https://knews.kathimerini.com.cy/en/business/resilient-ceos-embrace-ai-plan-for-sustainable-futures

Two in three CEOs optimistic about revenue and profit growth despite a challenging economic environment....

2. Cyprus revs up its new car registrations

https://knews.kathimerini.com.cy/en/news/cyprus-revs-up-its-new-car-registrations

The Cyprus Statistical Service's latest report reveals a significant surge in motor vehicle registrations, marking a 33.5% increase to 17,589 in January-April 2024, compared to 13,180 in the same period of 2023....

3. Alpha Bank CEO eyes expansion in Romania

https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania

Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....

4. Netflix vs. the World: Unraveling the future of streaming wars

https://knews.kathimerini.com.cy/en/news/netflix-vs-the-world-unraveling-the-future-of-streaming-wars

In the rapidly evolving landscape of streaming services, industry titans are facing a pivotal moment as they navigate through a period of consolidation and uncertainty. ...

5. Employers call for tax reform to spur economic growth

https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth

Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...

6. Nineteen new private hospitals to transform health sector in Cyprus

https://knews.kathimerini.com.cy/en/news/nineteen-new-private-hospitals-to-transform-health-sector-in-cyprus

Investors have shown interest in the health sector in Cyprus. According to the records, from 2021 until now, there are 12 new private hospitals......

7. CEOs globally forecast increase in revenues, profits and deal making in 2024, as business transformation moves up the agenda

https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda

CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....

8. SafeBulkers Inc. boosts Cypriot fleet with modern ships

https://knews.kathimerini.com.cy/en/business/safebulkers-inc-boosts-cypriot-fleet-with-modern-ships

In a strategic move to fortify the Cypriot flag, Safebulkers Inc., a prominent shipping company, has added two state-of-the-art vessels to its fleet....

9. After Berengaria comes the development of the highlands

https://knews.kathimerini.com.cy/en/news/after-berengaria-comes-the-development-of-the-highlands

In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....

10. Cyprus Airways bolsters fleet with environmentally friendly AIRBUS 220s

https://knews.kathimerini.com.cy/en/business/cyprus-airways-bolsters-fleet-with-environmentally-friendly-airbus-220s

In a strategic move aimed at enhancing operational capacity and embracing sustainability, Cyprus Airlines acquired two state-of-the-art AIRBUS 220s in July....

11. Cyprus real estate booms in Q3 2023

https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-booms-in-q3-2023

Cyprus experienced a real estate boom in the third quarter of 2023, with housing prices soaring and a surge in demand from both domestic and foreign buyers, according to data released by the Central Bank of Cyprus (CBC) on Wednesday....

12. Sixt pumps the bakes on Tesla as it halts purchases and sells existing EV stock

https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock

In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....

13. Serbia's deal with Cyprus strengthens air force

https://knews.kathimerini.com.cy/en/news/serbia-s-deal-with-cyprus-strengthens-air-force

In a move to enhance its air force capabilities, Serbia has acquired eleven Russian-made Mi-35 military helicopters from Cyprus, solidifying its position as a key player in the regional military landscape....

14. Government splurges €1.47M on electric cars amid rising living costs

https://knews.kathimerini.com.cy/en/news/government-splurges-€1-47m-on-electric-cars-amid-rising-living-costs

In a significant move towards sustainable practices, Mr. Alexis Vafeadis, the Minister of Transport, Communications, and Works, recently accepted a fleet of electric vehicles from Michaels Automotive Ltd....

15. Why Astrobank and CDB bank couldn’t agree on a price

https://knews.kathimerini.com.cy/en/news/why-astrobank-and-cdb-bank-couldn-t-agree-on-a-price

The deal between Astrobank and CDB Bank fell apart over a few million euros, even though they had given a "reason" and had agreed on the price in September 2023....

16. From streaming wars to superintelligence with John Oliver & Calum Chase

https://knews.kathimerini.com.cy/en/news/from-streaming-wars-to-superintelligence-with-john-oliver-calum-chase

In the heart of the ever-evolving tech and academic landscape, the 6th Digital Agenda Cyprus Summit brought together a constellation of leading figures....

17. Acquisition talks between Astrobank and CDB Bank heat up

https://knews.kathimerini.com.cy/en/news/acquisition-talks-between-astrobank-and-cdb-bank-heat-up

As of the beginning of the week, high-ranking officials from both banks had a meeting to discuss transaction details and the way forward....

18. Keravnos expects more from banks to boost Cyprus economy

https://knews.kathimerini.com.cy/en/news/keravnos-expects-more-from-banks-to-boost-cyprus-economy

The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....

19. 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. ...

20. 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....

21. 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....

22. 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."...

23. 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....

24. Drones revolutionize Russia-Ukraine conflict

https://knews.kathimerini.com.cy/en/news/drones-revolutionize-russia-ukraine-conflict

The war between Russia and Ukraine is witnessing an increasing use of drones alongside conventional weapons....

25. AI-driven job losses surge marking a disturbing trend

https://knews.kathimerini.com.cy/en/news/ai-driven-job-losses-surge-marking-a-disturbing-trend

Almost 4,000 people who were laid off in May lost their jobs because of artificial intelligence, and it's the first time AI has been listed in the monthly report from Challenger, Gray, and Christmas....

26. 'Buy Nothing Project' gaining ground worldwide

https://knews.kathimerini.com.cy/en/life/buy-nothing-project-gaining-ground-worldwide

It was not until after Angela Parker, 53, had raced across her north Atlanta neighborhood to nab eight leftover, thick-cut slices of ham with gravy from the porch of someone she didn't know that she began to ask herself some questions. Was it weird to eat a stranger's porch ham? Was it safe? Would the ham be worth it?...

27. More mergers and acquisitions needed to bolster competitiveness

https://knews.kathimerini.com.cy/en/business/more-mergers-and-acquisitions-needed-to-bolster-competitiveness

Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness....

28. Home grown Cypriot company acquired by UK entertainment firm

https://knews.kathimerini.com.cy/en/business/home-grown-cypriot-company-acquired-by-uk-entertainment-firm

Born out of their passion for theater, 'Stagedoor' was founded in 2014 by Yiannis Gavrielides (Invelopment Partners, Covve) and Paris Erotokritou (Fresh Target Theatre), along with Michael Hadjijoseph (Stagedoor CEO) and Alex Cican (Stagedoor CPO) who contributed their expertise in technology and product management. ...

29. Small number of banks meeting new loan demand

https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand

The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter. ...

30. €6 million chalet just one of several investments planned for the mountains of Cyprus

https://knews.kathimerini.com.cy/en/business/a-€6-million-chalet-is-just-one-of-several-investments-planned-for-the-mountains-of-cyprus

The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....

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