Recruiting for Global Assignments A recent survey of employers has highlighted several skills that give candidates a winning edge when applying for global positions. Results show that companies feel that those who are most likely to succeed in roles based in a foreign country would have: Interpersonal and networking skills (60%) Foreign language fluency (55%) […]
World Oil Reserves Referring to the most recent estimates of the Organization of Petroleum Exporting Countries, the proven oil reserves of OPEC reached 1,200.83 billion barrels compared to 277 billion barrels in Non-OPEC countries. This means that over 81% of the world’s oil reserves originate from OPEC countries, with the Middle East region holding up […]
Infocredit Group is pleased to announce the provision of Mediation Services in Cyprus. With an increasing need for effective and efficient resolution of commercial and other business disputes, Infocredit Group has launched the Mediation Service with two certified mediators to help you achieve quick out of court resolutions. There are many advantages when it comes […]
Infocredit Group is pleased to announce the provision of Mediation Services in Cyprus. With an increasing need for effective and efficient resolution of commercial and other business disputes, Infocredit Group has launched the Mediation Service with two certified mediators to help you achieve quick out of court resolutions. There are many advantages when it comes […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Shahram Safai of Afridi & Angell. Shahram has joined IR as our exclusive Real Estate member in the UAE. Shahram joined Afridi & Angell in 2002. His practice consists of corporate law, real estate law and disputes. He also advises on private equity and venture […]
Cyprus Parliament yesterday, passed the privatisation bill in time for the 5th march deadline. The House of Representatives adopted, by majority vote, an amended version of the privatisation bill, which sets out the framework for semi-government organisations (SGOs) to be privatised. The decision comes after the first draft was rejected last Thursday, with 25 votes […]
The Bank of Cyprus has announced its full-year loss of €2.04 billion for 2013. The bank, which was recapitalised after bailing in depositors last year registered a loss of €93 million in the fourth quarter of 2013, down from €142 million in the previous quarter. “These results demonstrate stability on the asset and provisioning side […]
The privatisation plan for Cyprus is viable according to Finance Minister, Harris Georgiades. Providing assurances over a disputed bill concerning the privatisation of semi-governmental organistations, Georgiades noted that it does not deprive employees of their employment and pension rights, nor does it remove powers from the House of Representatives. The privatisation plan aims to generate […]
Cyprus’ adjustment programme remains on track according to TROIKA, a statement welcomed by Eurogroup president, Jeroen Dijsselbloem and the Vice-President of the European Commission (EC), Olli Rehn. The third review of the Cyprus economic programme concluded on 11th February with teams from the European Central Bank and the IMF debriefing Eurozone ministers. “We, of course, […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Jasamin Fichte of Fichte & Co Legal Consultancy. Jasamin has joined IR as our exclusive Maritime Law Member in the UAE. Jasamin founded Fichte & Co in 2005 in Dubai. She studied law in Hamburg and maritime law in Southampton and […]
International Referral, the world’s largest exclusive network of advisory firms is delighted to introduce Jason Bowers of Sovereign Corporate Services. Jason has joined IR as our exclusive Corporate Services member in the UAE. SOVEREIGN CORPORATE SERVICES – Middle East Setting up Companies and Trusts, offshore and onshore, in Dubai, and all over the world. The […]
The announcement came after the Finance Minister, Mr Harris Georgiades met with the President to receive a briefing from the Bank of Cyprus CEO who informed them of the progress of the restructuring plan. The Finance Minister confirmed the Bank of Cyprus has entered a phase of normalisation adding, “we have reached a point where […]