“They expressed interest in the eastern Mediterranean,” Papanastasiou told Reuters on the sidelines of an energy conference in Abu Dhabi.
He clarified that Adnoc had not made any formal request or proposal to the government, though it had expressed interest “quite a number of times”.
The strike started on Tuesday, supported by trade unions Sek, Peo and Deok, is of indefinite duration and affects companies that are members of the Concrete Manufacturers Association.
OEV urged the unions to lift the strike measures and return to the negotiating table.
The new entity, which will include Intership’s sister company Donnelly Tanker Management, will manage 170 vessels, offering comprehensive ship management services globally.
“This merger represents a significant milestone in our journey as ship manager,” said Dieter Rohdenburg, CEO of Intership Navigation and Donnelly Tanker Management.
Speaking before the House finance committee this week, Protopapas explained that the authority has been advising interested parties on the stringent requirements for establishing a new cooperative institution.
Initial consultations began five years ago and have involved at least ten additional meetings.
As the regulatory body responsible for overseeing cooperative entities in Cyprus, the authority has said that this new cooperative project will require careful consideration.
The deal was jointly announced by TheSoul Publishing CEO Arthur Mamedov and Mediacube CEO Michael Bychenok.
“Our vision for TheSoul is rooted in an ecosystem approach,” said Mamedov.
“We make sure we deeply understand the market, its dynamics, and all its moving parts,” he added.
The bank was awarded ‘Best Change Management Strategy & Initiative’, as well as ‘Best Partnership with Educational Institutions, showcasing its innovative approach to internal engagement and staff development.
Yiannis Ioannou, Manager of People and CEO Office, said that “it is a great honour to receive this year’s awards and an even greater pleasure to see our own people’s satisfaction in seeing their own suggestions put into practice”.
This initiative, outlined in a 13-page document, aims to create a more flexible, modern, and sustainable central bank that meets emerging challenges in the European financial landscape.
Moreover, the strategy seeks to strengthen the institution’s adaptability to economic, technological, and environmental shifts.
With 76 specific strategic actions, the CBC intends to support the long-term growth and stability of the Cypriot economy and enhance its integration within the European framework.
According to the central information register, which the CBC maintains, the total value of bounced cheques recorded on the provisional list amounted to €533,524.
This represents a substantial drop from the figure of €1,536,852 recorded during the same period last year.
In the context of the competition, CFA Society Cyprus invited Cypriot university students to analyse Bank of Cyprus stock, in turn promoting financial analysis skills and practical market experience.
The challenge, part of a global initiative by the CFA Institute, encourages students to apply theoretical knowledge in real-world contexts.
The Cyprus Stock Exchange (CSE) ended Tuesday, November 5 with losses.
The general Cyprus Stock Market Index stood at 192.28 points at 12:58, reflecting a decrease of 0.83 per cent.
The FTSE / CySE 20 Index was at 117.06 points, also showing a decline of 0.85 per cent.
The total value of transactions amounted to €206,519 at the aforementioned time during trading.
In terms of the sub-indexes, the main and investment firm indexes fell by 1.14 per cent and 2.39 per cent respectively. The alternative index rose by 0.19 per cent while the hotel index remained unchanged.
The biggest investment interest was attracted by the Bank of Cyprus (no change), Hellenic Bank (-1.02 per cent), Demetra Holdings (-2.42 per cent), Salamis Tours (+1.24 per cent), and KEO PLC (-0.89 per cent).
