Cyprus’ Air Transport Licensing Authority (ATLA) decided to revoke Cobalt Air’s operating license, Alecos Michaelides, the Permanent Secretary of the Ministry of Transport, Communications and Works...
Cobalt Air has expressed great regret for the suspension of its operations, saying this is a “ sad day” for employees and passengers alike. A statement, issued here tonight by the airline, also says...
PwC Cyprus presented its financial results for 2018, during the organisation’s Annual Meeting, which took place on Friday, 21 September in Limassol. The organisation’s revenue for the financial year...
Cyprus offers ample opportunities for investments in a number of emerging and traditional sectors, Invest Cyprus Chairman, Michalis P. Michael told the 3rd International Investors Summit. The Summit...
The upward trend in the registration of new companies continued in August, data released by Cyprus` Department of the Registrar of Companies and Official Receiver show.According to the data the...
The shareholders of the Hellenic Bank approved Wednesday an equity capital increase of €150 mn required to complete the acquisition of Co-op bank assets.Chairman of the Board of Directors Yussef Nasr...
The Cyprus Securities and Exchange Commission (the “CySEC”) has announced the establishment of its Innovation Hub, designed to address and explore the rise of FinTech and RegTech developments. A...
The European Commission presented today the 2018 country-specific recommendations (CSRs), setting out its economic policy guidance for Member States for the next 12 to 18 months.EC recommends that...
A Memorandum of Cooperation was signed on Tuesday between the chambers of Commerce of Cyprus, Greece and Israel, thus paving the way for new opportunities for business cooperation.The Memorandum was...
President of the Republic of Cyprus Nicos Anastasiades has said that the government is determined to continue its support to the local business community, by cooperating with all political forces to...