(IN BRIEF) European Bank for Reconstruction and Development has appointed Andreea Moraru as Managing Director for Central Europe and the Baltic States, effective from 1 June 2026. Based in Warsaw, she will oversee the Bank’s activities across eight countries in … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Marketing, United Kingdom
Tagged Andreea Moraru, Baltic States, central Europe, Charlotte Ruhe, CROATIA, Cyprus, development finance, EBRD, economic resilience, ENEF, energy security, Estonia, European Bank for Reconstruction and Development, Greece, green transition, Hungary, international finance, Investment Banking, Latvia, Lithuania, Poland, policy reform, private sector competitiveness, Slovakia, Slovenia, sustainable growth, Warsaw
AI is rapidly transforming legal workflows across Europe, making analysis faster and more cost-efficient The European Union is setting global standards with the AI Act, increasing regulatory oversight on legal AI use AI tools are helping investors assess complex multi-jurisdiction … Read the full press release
Posted in Artificial Intelligence (AI), Business, Cyprus, European Union, Financial, Investment, Law, Management, Technology
Tagged alternative investments, artificial intelligence in law, case assessment, cross-border disputes, Cyprus, due diligence, EU AI Act, European Union, financialization of legal claims, Governance, investor reporting, jurisdictional analysis, Law Society of England and Wales, legal analytics, legal tech Europe, litigation finance Europe, Nicosia, Orivante Holdings Ltd, private investment firms, regulatory oversight, Reuters, risk management, scenario modelling, The Business Research Company, transparency, underwriting
Orivante Holdings Ltd has integrated AI across its full investment workflow, from case assessment to investor reporting AI is helping reduce the high costs of manual legal review, making smaller investment sizes more viable The firm can evaluate a broader … Read the full press release
Posted in Artificial Intelligence (AI), Business, Cyprus, Financial, Investment, Law, Management, Technology
Tagged AI Adoption, alternative investments, Americas, artificial intelligence, case assessment, cross-border investments, Cyprus, dispute-driven investments, due diligence, EuropaWire, Europe, investor reporting, jurisdictional analysis, Legal tech, litigation finance, Middle East, Nicosia, Orivante Holdings Ltd, risk management, scenario modelling, special purpose vehicles, structured finance, underwriting
(IN BRIEF) Orivante Holdings Ltd, a Cyprus-based investment firm focused on litigation finance, has integrated AI across its entire investment lifecycle—from case evaluation and due diligence to investor reporting. By using AI for tasks such as case scoring, jurisdictional analysis, … Read the full press release
Posted in Artificial Intelligence (AI), Business, Cyprus, Financial, Investment, Law, Management, Technology
Tagged AI, AI in finance, alternative investments, artificial intelligence, case assessment, case scoring, cross-border investments, cross-border litigation, Cyprus, double tax treaties, due diligence, EU jurisdiction, financial innovation, investor reporting, jurisdictional analysis, legal proceedings, Legal tech, litigation finance, Nicosia, Orivante Holdings Ltd, Orivante Holdings representative, private investment firm, scenario modeling, scenario modelling, structured financial situations, structured investments, tax treaties, underwriting
(IN BRIEF) The European Investment Bank Group achieved a record level of financing activity in Cyprus in 2025, providing €372 million to support a wide range of sectors including education, infrastructure, healthcare, cultural heritage, and SMEs. A major component of … Read the full press release
Posted in Banks, Cyprus, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Luxembourg, News
Tagged Climate Action, Cyprus, Cyprus Archaeological Museum, Cyprus Institute of Neurology and Genetics, EIB, EIF, Eurobank Ltd, European Investment Bank, European Investment Bank Group Reaches Record €372 Million Financing Milestone in Cyprus Supporting Growth and Infrastructure Development, European Investment Fund, infrastructure, InvestEU, Morak Mora, public schools modernisation, regional cohesion, SMEs, sustainable growth, THALIA programme
(IN BRIEF) Hellas Sat has signed a cooperation agreement with CNES, Thales Alenia Space and Safran to develop a laser-based optical communications system for the Hellas Sat 5 geostationary satellite and a corresponding ground station in Cyprus. The project will … Read the full press release
Posted in Aviation & Aerospace, Business, Financial, France, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Security & Safety, Technology
Tagged Alcino De Sousa, Battlefield Redefined 2026 Conference, Christodoulos Protopapas, CNES, Co-op, Côte d’Azur Observatory, CyOGS, Cyprus, DG DEFIS, DYSCO, European Commission, European cooperation, France, France 2030, France Greece and Cyprus Advance High-Capacity Laser Satellite Communications Through Hellas Sat 5 Program, free-space optics, FROGS, geostationary satellite, Greece, Hellas Sat, Hellas Sat 5, Hellas Sat 5 Optical Communications Initiative Strengthens Secure European Satellite Connectivity, high-speed communications, Jean-Marie Bétermier, laser communications, Lionel Suchet, optical ground station, optical payload, optical satellite communications, Safran, satellite technology, secure connectivity, SOLiS, space industry, terabit communications, Thales Alenia Space, vertigo
(IN BRIEF) Expro has achieved the first deployment of its ELITE Composition™ service in an exploration well offshore Cyprus, allowing laboratory-standard hydrocarbon analysis directly at the rig site within eight hours. This innovation replaces traditional months-long laboratory testing, significantly cutting … Read the full press release
Posted in Business, Cyprus, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, News, Technology, United Kingdom
Tagged Cyprus, East Mediterranean, ELITE Composition, exploration technology, Expro, Expro accelerates exploration decisions with onsite ELITE Composition™ hydrocarbon analysis, Expro revolutionizes wellsite analysis with first ELITE Composition™ deployment in Cyprus, fluid characterization, Gregório Rodrigues, hydrocarbon analysis, offshore operations, oil and gas, onsite testing, reservoir modeling, rig site innovation, sampling and analysis, TurboPVT, Well Flow Management
(IN BRIEF) The European Investment Bank (EIB) has signed a €25.9 million green financing agreement with Iberdrola for the construction of the 22.5 MW Gatza wind farm in central Greece. The financing package includes €10 million from EIB resources and … Read the full press release
Posted in Banks, Business, Energy, Gas & Oil, European Union, Financial, Greece, Industrial, Investment, Luxembourg, News, Spain, Technology
Tagged climate goals, Cyprus, EIB, EIB provides €25.9 million in green financing for Iberdrola’s Gatza wind farm in Greece, EIB signs €25.9 million green financing with Iberdrola to develop Gatza wind farm in Greece, electrification, energy security, EU energy transition, European Investment Bank, Fthiotida, Gatza wind farm, Greece, green financing, Iberdrola, Recovery and Resilience Fund, renewable energy, Rokas, sustainability, Viotia, wind power, €25.9 million financing for Gatza wind farm consolidates Iberdrola’s renewable leadership in Greece
(IN BRIEF) The European Investment Bank Group has signed the first InvestEU Guarantee agreement in Cyprus through the European Investment Fund (EIF) and Eurobank, creating up to €62.5 million in new loans for SMEs and start-ups. Backed by EU support, … Read the full press release
Posted in Cyprus, European Union, Financial, Investment, Luxembourg, Small Business, Technology
Tagged collateral reduction, competitiveness, Cyprus, EIB Group, EIB Group launches first InvestEU Guarantee in Cyprus to boost SME growth start-up financing and job creation, EIF, EIF and Eurobank sign landmark InvestEU agreement to support Cypriot entrepreneurs with easier access to credit, Entrepreneurship, EU-backed investment, Eurobank, European Investment Bank Group, European Investment Fund, financing, INNOVATION, InvestEU, job creation, Kyriakos Kakouris, long-term loans, Marjut Falkstedt, SMEs, start-ups
(IN BRIEF) The European Investment Bank (EIB) has approved up to €17.5 million in venture debt financing for Joltie SA, a Greek EV charging operator, to install about 2,200 new charging points in Greece and Cyprus by 2029. Supported by … Read the full press release
Posted in Automotive, Banks, Business, Cyprus, Economy, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Attica, Climate Action, Climate Bank Roadmap, Cohesion Regions, Cyprus, EIB, electric mobility, European Investment Bank, EV charging, Greece, green transition, InvestEU, Joltie, partnership, sustainability, sustainable transport, Transport Lending Policy, venture debt, Yannis Tsakiris
(IN BRIEF) The European Bank for Reconstruction and Development has sold its entire 5 per cent holding in the Bank of Cyprus, amounting to over 22.4 million shares, through an accelerated bookbuild on the Athens Stock Exchange. The EBRD first … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, Government, Industrial, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged accelerated bookbuild, Athens Stock Exchange, ATHEX, Bank of Cyprus, banking sector, Cyprus, EBRD, European Bank for Reconstruction and Development, eurozone crisis, financial sector recovery, Governance, Kristina Zagar, non-performing loans, partnership, recapitalisation, restructuring, Return on equity, stake sale
(IN BRIEF) The European Investment Bank (EIB) Group has appointed Aimilia Pistrika as Head of its Nicosia Office, effective September 1. She succeeds Antonis Papageorgiou, who had served on an interim basis since the office’s inauguration in November by President … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged Aimilia Pistrika, Antonis Papageorgiou, appointment, blue economy, civil engineering, climate finance, climate resilience, Cyprus, EIB Group, energy security, European Investment Bank, Kyriacos Kakouris, leadership, Nadia Calviño, Nicosia Office, partnership, public-sector modernization, sustainable infrastructure, water management
(IN BRIEF) The European Investment Bank has disbursed the second €100 million tranche of a €200 million loan package to co-finance Cyprus’s extensive road improvement programme, with completion targeted for 2029. The funding—covering 50 percent of project costs—will support motorway, … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged bridges, climate resilience, cycling lanes, Cyprus, drainage systems, EIB, Eleftherios Eleftheriou, European Investment Bank, Kyriacos Kakouris, Makis Keravnos, Ministry of Transport Communications and Works, motorway improvements, partnership, road infrastructure, socio-economic cohesion, sustainability, transport upgrades, tunnels, €100 million tranche
(IN BRIEF) SYNLAB has sold its operations in Eastern Europe—specifically in Croatia, Cyprus, North Macedonia, Romania, Slovenia, and Turkey—to Medicover Group, a major European healthcare provider. This move, representing about 1.5% of SYNLAB’s 2024 revenue, is part of the company’s … Read the full press release
Posted in Business, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Science, Technology
Tagged capital deployment, CROATIA, Cyprus, diagnostic services, divestiture, Eastern Europe, Mathieu Floreani, Medicover Group, network densification, NORTH MACEDONIA, partnership, portfolio management, revenue 2024, Romania, Slovenia, specialty testing, strategic growth, Synlab, Turkey
(IN BRIEF) In a major move for energy cooperation, TotalEnergies and ENI have signed a Host Government Agreement (HGA) with Egypt and Cyprus, paving the way for the development of the Cronos gas field in Cyprus offshore Block 6. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Abdel Fattah El-Sisi, Cronos Development and Production Plan, Cronos gas field, Cyprus, Cyprus offshore Block 6, Damietta LNG plant, EGYPT, Egypt Energy Show, energy cooperation, energy security, Eni, Europe, exploration and production, gas processing, George Papanastasiou, Host Government Agreement, Julien Pouget, Karim Badawi, LNG capacity, LNG exports, Níkos Christodoulídis, partnership, sustainability, TotalEnergies, Zohr facilities
(IN BRIEF) An international investigation led to the arrest of 23 individuals involved in a large-scale money laundering scheme that helped criminals launder approximately EUR 100 million. The group, operating across several countries including Spain, Cyprus, and Germany, used both … Read the full press release
Posted in Business, Cyprus, Economy, Financial, France, Germany, Government, Industrial, Law, Management, Netherlands, News, Security & Safety, Spain, Technology
Tagged 2023, 23 arrests, ADMS, Anti-Fraud, border police, cash seizure, CID, commercial entities, commercial flights, criminal network, cryptocurrencies, cryptocurrency, Cyprus, EUR 100 million, Eurojust, EUROPOL, financial conduit, financial crime, financial service, France, Germany, Guardia Civil, illicit funds, illicit profits, international investigation, JIRS, JIT, joint investigation team, judicial authorities, Judicial cooperation, judicial coordination, law enforcement agencies, MOKAS, Money Laundering, money laundering transactions, ONAF, SCADA system, Slovenia, Spain, tax authorities
(IN BRIEF) The European Investment Bank (EIB) Group has opened a new office in Nicosia, Cyprus, signaling its strengthened commitment to supporting the country’s sustainable development goals. During the inauguration, EIB President Nadia Calviño and Cypriot leaders discussed investment priorities, … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology
Tagged Antonis Papageorgiou, Cyprus, EIB Group, Kyriacos Kakouris, Makis Keravnos, Nadia Calviño, office, partnership, sustainability
(IN BRIEF) The European Investment Bank Group (EIB Group) is set to expand its presence in the European Union by opening a new office in Nicosia, Cyprus. This decision was revealed during discussions between EIB Group President Nadia Calviño and … Read the full press release
(IN BRIEF) CNP Assurances has initiated exclusive negotiations with Hellenic Bank for the sale of its insurance operations in Cyprus and Greece. These operations, conducted through CNP Cyprus Insurance Holdings (CIH), represent a small fraction of CNP Assurances Group’s total … Read the full press release
Posted in Banks, Business, Cyprus, Economy, Financial, France, Government, Greece, Industrial, Insurance, Investment, Management, News
Tagged acquisition, CNP Assurances, Cyprus, Greece, Hellenic Bank, insurance, partnership
(IN BRIEF) Eni has completed the Cronos-2 well appraisal in Block 6, offshore Cyprus, confirming a production capacity exceeding 150 MMSCFD. The well aimed to assess the extension and reservoir characteristics of the Cronos gas discovery, proving hydraulic communication and … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged calypso, Cronos, Cronos gas discovery, Cronos-2 well, Cyprus, Eni, gas, oil, TotalEnergies, Zeus
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