Facebook Linked In Twitter

Kokkinos: Cyprus Ranks 10th In The EU As An Innovative Economy

European Commission Agreement To Mobilise €500 Mln For Social Investments



brought to you by Deloitte

CIBA Holds 24th AGM

CIBA Holds 24th AGM

The CIBA 24th Annual General Meeting took place with great success at the Amathus Hotel in Limassol, with exclusive sponsor Oxley Planetvision Properties. Present at the AGM was the Executive Chairman and CEO of the Oxley Group, Ching Chiat Kwong, who was invited to give a brief welcome at the start of AGM.

The President of the Association Frixos Savvides gave his speech to distinguished guests and esteemed members, stating amongst others that although he was pleased with the efforts of the government to-date, there was still more that could be done for the International Business Sector in Cyprus. CIBA was honoured to have the President of the Republic Nicos Anastasiades, address the CIBA members in the presence of high ranking officials and eminent guests. The President of the Republic noted the advantages of Cyprus as an International Business centre and expressed his wish for Cyprus to continue on the steady path of economic growth.

Subsequently, the Annual CIBA Excellence Award was presented to Nest Investments Holdings (Cyprus) Ltd., in recognition of their commitment to corporate success and social responsibility and for their significant contribution to the promotion of Cyprus as an international business destination. The award was received by Group founder, Chairman and CEO Ghazi Abu Nahl.

  Nest Group has been in existence for more than 25 years. The group operates in 23 countries. Its line of business includes insurance, reinsurance, banking, real estate, insurance broking, and World Trade Center operations. In Cyprus, the operations consist of its Head Quarter for Group Corporate services, the 3rd largest insurance company and the Branch of the Bahrain Reinsurance entity and real estate holdings. The Cyprus entities employ 150 people mostly Cypriots.

The Group, has invested more than 200 million euro in Cyprus, around 50 million after 2013.

The Group founder, Chairman and CEO Ghazi Abu Nahl, a Cypriot National received the award. The Group has many ambitious projects in Cyprus, with the aim of doubling their investment over the next few years. It is important to note that Nest Investment Holding Ltd. is a founding member of CIBA and has been a supporter of the Association, since it was established in 1992.


3rd Annual Corporate Blood Donation Limassol Success

On the 2nd and 3rd of November 2022 with the initiative of the company Royal Pine, the ...

Participation Of DANOS, An Alliance Member Of BNP Paribas Real Estate In The DDC NPL Management Greece 2022 (9th Edition)

DANOS, an alliance member of BNP PARIBAS REAL ESTATE, was one of the sponsors of the DDC ...

Invest Cyprus: "Olivewood" Gets Vote Of Confidence From Leading Entertainment Firms

Invest Cyprus welcomes another international production that will be filming in Cyprus in ...



Grand Opening Of Simplex LCA1, Cyprus’ Largest Data Center

Data centers are the foundations of the digital economy and as evidently demonstrated during the COVID-19 pandemic, critical infrastructure for the global ...

Defence Minister Discusses Bilateral Relations, E. Med And Turkish Provocations During Official Serbia Visit

Cyprus’ Defence Minister, Charalambos Petrides was on an official visit to Serbia on Tuesday during which he discussed with his Serbian counterpart, ...

AWS Helps Ukraine Safeguard Its Future

On Tuesday, November 29, at the AWS re:Invest 2022 in Las Vegas, the Ukraine Deputy Prime Minister and Minister for Digital Transformation Mykahilo Federov and ...

AWS re:Invent 2022 Opens Its Doors

On Monday, November 29, the AWS re:Invent 2022 opened its doors to the global cloud community to celebrate its successes over the year, showcase the power of ...

Cyprus Is Dealing With The Economic Crisis With Specific Investment Policies And Programmes, Finance Minister Says

Cyprus is dealing with the economic crisis with specific investment policies and programmes, bringing growth to 6%, and increasing the fiscal reserve to ...

Alphamega Hypermarkets Holds Big Christmas Tree Lightning Celebration

Alphamega Hypermarkets has officially started counting down to the most wonderful time of the year. Five Alphamega stores held simultaneous Christmas tree ...

3rd Annual Corporate Blood Donation Limassol Success

On the 2nd and 3rd of November 2022 with the initiative of the company Royal Pine, the 3rd Annual Corporate Blood Donation Limassol took place.

Kokkinos: Cyprus Ranks 10th In The EU As An Innovative Economy

Cyprus, as an innovative economy, based on European indicators, currently ranks 10th, compared with 22nd until five years ago, when it did not have the ...




gold november magazine
cyta roadshow_29/11-5/12