Category Archives: Business

Cyprus – Slovenia business forum seeks ways to promote business cooperation and investments

A Cyprus � Slovenia business forum organized today in Nicosia with the participation of firms from both countries sought ways to further enhance business cooperation and explored investment opportunities they offer.

The Forum was organized by the Cyprus Chamber of …

Changing employee remuneration policy in Cyprus banks inevitable, Bank of Cyprus CEO says

A change in the banks’ employee remuneration policy is unavoidable and banks need to engage with the unions on this issue, Bank of Cyprus’ Chief Executive Officer Panicos Nicolaou has said.

The banks will not to move fast in engaging …

CYPRUS: Russian tourists help push arrivals up to record level for September

Cyprus tourist arrivals, boosted by Russian and Israeli holidaymakers, hit a new record high for September with 524,707 visitors, improving 0.9% on the previous year.

It was the highest volume of tourist arrivals ever recorded in Cyprus for that month, …

CYPRUS: Strangely-shaped benches cause social media storm

Tens of thousands of euros have been spent on 6 water fountains and 38 benches — supposedly resembling raindrops but look like torpedoes — being installed in Nicosia’s new Eleftheria Square.

Public opinion is divided on whether the strangely-shaped benches …

ECONOMY: Changes in how staff are paid by Cyprus banks “inevitable”

A change in pay policy for local bank staff is unavoidable and management needs to engage with the unions on this issue, new Bank of Cyprus CEO Panicos Nicolaou argues.

The banks will need to move fast in engaging with …

Tourist arrivals up by 0.9% in September

Tourist arrivals hit a new record high in September 2019 according to the results of the Passengers Survey by the Statistical Service of Cyprus.

?rrivals of tourists reached 524,707 in September 2019 compared to 520,138 in September 2018, recording an …