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European Commission Allocates £2.9 Billion to Net-Zero Technology Projects

Brussels: The European Commission has announced a substantial investment of £2.9 billion in 61 pioneering net-zero technology projects under the Innovation Fund. This initiative is part of one of the world’s most significant funding programs aimed at promoting innovative net-zero and low-carbon technologies. The fund is supported by revenues from

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Alpha Bank Completes Acquisition of AstroBank’s Banking Operations in Cyprus

Nicosia: Alpha Bank has announced the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (‘AstroBank’), through its subsidiary Alpha Bank Cyprus Ltd (‘Alpha Bank Cyprus’) and other Group entities, following the receipt of all required regulatory approvals (the ‘Transaction’). According to Cyprus

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Cyprus Stock Exchange Closes with Notable Gains Across Most Indices

Nicosia: The Cyprus Stock Exchange (CSE) recorded gains across various indices during today’s trading session. The CSE All Share Index reflected an uptick, with several market segments showing positive movement. According to Cyprus News Agency, the FTSE/CySE 20 Index rose to 170.520, marking a percentage increase of 0.580 and a

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Weak High Pressure Brings Cloudy Weather and Possible Rain to Cyprus

Nicosia: The Cyprus Department of Meteorology has forecasted that weak high pressure is currently affecting the area, leading to mainly cloudy weather with medium and high cloud cover. Light rain showers are likely in the afternoon and tonight. According to Cyprus News Agency, the atmospheric pressure at the time of

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