According to an announcement by the bank, “the milestone was marked by the traditional ringing of the bell, symbolising the start of the trading session”.
In addition, the bank said that “this return to the Athens Stock Exchange is a significant step in the bank’s 125-year history, aligning with its long-term growth strategy”.
“The move”, the bank continued, “aims to create value for shareholders and clients while boosting the bank’s visibility among a broader base of institutional and private investors”.
“The provision of affordable energy services is key to sustainable development,” Poullikas said in a recently published analysis piece.
However, he also noted that the key challenge facing countries today is to develop energy services that “not only support economic growth and improve quality of life but also minimise the environmental and health impacts of human activities”.
“Clean technology solutions are the cornerstone for effectively addressing global risks and challenges,” he explained, citing climate change, energy security, and resource depletion as key concerns.
Ioannidou on Monday addressed the most prevalent myths surrounding the digital euro, after feedback was gathered from citizens across the euro area.
One of the main concerns that has been voiced is that “the state will monitor us and control our buying habits.”
However, Ioannidou stated that this is simply not the case. In fact, she clarified that the digital euro “would offer the highest level of privacy protection, similar to what we have today when we pay with cash”.
The shares, each with a nominal value of €0.10, were acquired through the bank’s broker, the Cyprus Investment and Securities Corporation Limited (CISCO).
According to the announcement, the purchased shares are set to be cancelled, aligning with the bank’s strategy to return value to shareholders.
Organised by The Future Leaders Club and presented by Asbis, the event will take place at the ‘CIM – Cyprus Business School’ from 17:00 to 20:00.
The Startup World Cup, one of the world’s largest and most renowned startup competitions, provides an opportunity for local innovators to compete for a spot in the Grand Finale in San Francisco. There, the ultimate winner will secure a $1,000,000 investment prize.
Specifically, the turnover value index for wholesale trade rose by 7.7 per cent compared to the same period last year, while the index for the sales and repair of motor vehicles surged by 11.8 per cent.
The report revealed significant growth in various categories of motor vehicle sales. Specifically, the index for the sale of motor vehicles reached 176.7 points during the second quarter, representing a 16.5 per cent increase from April to June 2023.
In terms of wholesale trade, excluding motor vehicles, the overall turnover value index stood at 135.5 points during the second quarter of 2024, reflecting a growth of 7.7 per cent year-on-year.
The agreement was signed on Monday during the Agriculture and Fisheries Council in Brussels by Agriculture Minister Maria Panayiotou and her Greek and Maltese counterparts Konstantinos Tsiaras and Anton Refalo.
Panayiotou explained that the MoU focuses on the exchange of knowledge and best practices, with an emphasis on supporting young farmers and promoting female employment in the agricultural sector.
The conference, taking place in Larnaca, welcomed energy ministers and representatives from Mediterranean EU countries.
“Our meeting reminds us of the critical role that energy plays in the Mediterranean region, not only as a driver of economic growth and development, but also as a key factor in addressing the urgent challenges of climate change and energy security,” he said.
He added that the region is uniquely positioned at the crossroads of Europe, Africa and the Middle East, making it a vital hub for energy cooperation and innovation.
The event will bring together 300 global leaders to discuss innovation, diversity, and sustainability in the maritime and trade industries.
This conference will feature a range of discussions and workshops. Key topics include financing the future of the maritime sector, exploring the human element in innovation, and investigating sustainable workforce development.
Additionally, workshops will focus on improving global supply chains and further investigate methods for building a sustainable maritime workforce.
The Cyprus Stock Exchange (CSE) ended Monday, September 23 with profits.
The general Cyprus Stock Market Index was at 188.91 points at 12:29 during the day, reflecting an increase of 1.11 per cent over the previous day of trading.
The FTSE / CySE 20 Index was at 115.01 points, representing a rise of 1.13 per cent.
The total value of transactions came up to €916,800, until the aforementioned time during trading.
In terms of the sub-indexes, the main, alternative and investment firm indexes rose by 1.35 per cent, 0.22 per cent and 2.25 per cent. The hotel index remained unchanged.
The biggest investment interest was attracted by Vassiliko Cement Works Public Company (+1.16 per cent), Logicom (no change), Demetra (+2.29 per cent), Hellenic Bank (+0.55 per cent), and the Bank of Cyprus (+2.09 per cent).
