Cyprus | e-Asfalistiki

Interamerican strengthens its presence in Cyprus with portfolio acquisition of Gan Direct Insurance

Interamerican Group, part of Achmea, is acquiring the motor & property insurance portfolio of Gan Direct in Cyprus, further expanding its international footprint and strengthening its position in the Cypriot…

LTIMindtree, Eurobank and Fairfax Digital Services Collaborate to Build Digital Innovation Hub in Cyprus

LTIMindtree, a global technology consulting and digital solutions company, has announced the opening of its Digital Innovation Hub at the Research and Innovation Hub of CYENS Center of Excellence. The LTIMindtree…

Cyprus receives €100 million EIB loan for extensive road upgrades

The European Investment Bank (EIB) is lending Cyprus €100 million for a range of road improvements in the country. The EIB credit will cover 50% of the costs of planned…

Cyprus: Green light for one-stop-shop in shipping sector

Parliament this week unanimously approved the creation of a one-stop-shop framework for ship-owning companies and their shareholders to deal, in addition to the aspects of maritime law, with all matters…

Cyprus: EIB President confirms EUR 303 million provided for local projects in 2021, meets President Anastasiades during Cyprus visit

EUR 170m EIB and EIF backing to help for Cypriot business overcome pandemic, plus backing for road safety and fintech investment Cyprus remains leading beneficiary of EIB engagement in Europe…

Cyprus ship management sector thrives through crisis

Cyprus’ ship management sector has continued to do well during the coronavirus crisis, according to Captain Eugen Adami, CEO of the Limassol ship-owning and ship management firm Mastermind. Adami explains…

Coronavirus impact on Cyprus shipping “unavoidable”

The financial impact of the coronavirus pandemic on Cyprus shipping is unavoidable, Deputy Minister of Shipping Natasa Pilides said. “I believe the impact will be unavoidable both on the Cypriot…

Cyprus ferry connection to Piraeus possible by this summer

There will be a ferry connection between Piraeus port and Limassol with the possibility of a stopover at a Greek island, following an initial agreement between Cyprus Shipping Deputy Minister…

EIB freezes new lending linked to Turkish government as part of EU’s Cyprus drilling row response

The European Investment Bank (EIB) will not enter into any new lending in Turkey linked to the country’s government until at least the end of the year. The move has…

Cyprus: Deputy Shipping Ministry aims for Cyprus-Piraeus ferry link by 2020

The Deputy Shipping Ministry aims to commence a ferry link connecting Cyprus with Piraeus by 2020, Phileleftheros reported. According to Deputy Shipping Minister Natasa Pilidou the link will take place…

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