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Cyprus - Egyptian Stock Exchanges set to enhance cooperation

Cyprus - Egyptian Stock Exchanges set to enhance cooperation

The Chairman of the Egyptian Exchange, Mohamed Omran, recently visited the Cyprus Stock Exchange with a view to discuss ways… Read More

Authorities relax capital restrictions citing progress in banking stabilisation

Authorities relax capital restrictions citing progress in banking stabilisation

Authorities further relaxed restrictions on capital movement citing “important progress” in stabilising the banking system and restoring investor and depositor… Read More

Recent Articles

28 January 2015

Work on Napa marina will start once permits are issued

Construction of the Ayia Napa marina project will start as soon as building permits have been issued and tenders have been invited for contractor work, local development powerhouse Caramondani Bros’… Read More

28 January 2015

Privatisation programme to enter force in 2015

The privatisation of several state and semi-state organisations, including the Cyprus Telecommunications Authority (CyTA), is scheduled to take place in 2015, according to the Finance Ministry. Read More

25 January 2015

Small window remains for Total deal

The government may still have a small window to get oil major Total not to call off a search for oil and gas, after the company let it be known… Read More

25 January 2015

Aegean Airlines launch Larnaca - Heathrow route

Greek carrier Aegean Airlines will launch a new route from Larnaca to London Heathrow in March 2015. Read More

25 January 2015

Claridge sells Paphos Amathus to Olympic Lagoon for €35m

Hotel operator and villa constructor Claridge Public Limited said it accepted a bid by K.A. Olympic Lagoon Resort Ltd to buy Amathus Beach Hotel Paphos plus two apartments at… Read More

25 January 2015

Cyprus broker IronFX to buy Alpari

IronFX is in talks to buy fellow online forex broker Alpari UK, which was forced into administration after suffering heavy losses on the Swiss franc, the Cyprus-based company’s chief… Read More

25 January 2015

Government to auction €125m in treasury bills in February 2015

The government is planning to offer up to €125 million of 13-weeks treasury bills on February 3, 2015 the Finance Ministry said recently. Read More

25 January 2015

Hellenic Bank to provide cheap credit for Cypriot companies

Hellenic Bank will provide €70 million of new loans to Cypriot companies with an interest rate starting from 3%, CEO Bert Pijls announced recently. Read More

25 January 2015

CPA appoints advisors to draft business strategic model

The Cyprus Ports Authority has appointed two advisors to draft a strategic business model for the next few years. Read More

25 January 2015

New company registration up by 3% in 2014

New company registrations in December 2014 increased by 3% in 2014 recording a rise for a tenth consecutive month. Read More

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