Cyprus Business Now
Total non-performing loans (NPLs) decreased by €32 million at the end of October 2021, compared to the previous month, when total loans increased by €14...
Shipping
Israel signs $3.4 bln submarines deal with Germany’s Thyssenkrupp
Germany’s Thyssenkrupp Marine Systems (TKAG.DE) will build three advanced submarines for the Israeli Navy in a deal worth 3 billion euros ($3.4 billion), the Israeli...
Construction begins at DP World’s $1.1 bln port in Senegal
Senegal President Macky Sall on Monday laid the foundation stone for the construction of a $1.13 billion deep-water port being developed by Dubai’s state-owned port...
Cyprus Business Now
The Bank of Cyprus announced on Friday that it has concluded its small-scale, targeted, voluntary staff exit plan. Following the completion of the plan, 100...
Cyprus Business Now
Central Bank of Cyprus governor Constantinos Herodotou said on Monday that he is seeking ways to expedite banks’ client digital onboarding and reviewing processes, with...
Shipping costs – another danger for inflation-watchers to navigate
Much like the coronavirus pandemic, and the economic disruption that it has caused, a global shipping crisis looks set to go on delaying goods traffic...
Cyprus Shipping Deputy Minister addresses IMO Assembly in London
Cyprus’s Shipping Deputy Minister Vassilios Demetriades has called upon the sector’s community to work towards a sustainable future for shipping, with recognition and protection of...
Modernisation and openness urgently needed, Ports Authority says
The modernisation of internal procedures and the adoption of a more open approach were highlighted as urgent necessities in a report by the Cyprus Ports...
Cyprus Business Now
Space Hellas, a technology solutions company operating in the fields of information technology, telecommunications and security, saw a consolidated turnover of €62.4 million during the...
Cyprus Business Now
The CEO of DP World Limassol, Nawaf Abdulla, took part in a panel discussion as part of DP World Group’s CARGOES Digital Trade Flow event,...
