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Maroc Maroc - WN.COM - Business - 12/Apr 07:55

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting April 6: The Bank of Cyprus (BoC) on Monday announced a targeted initiative to support the hotel industry while rewarding its customers amid ongoing regional challenges. The bank said the move comes in response to the impact of the Middle East crisis on the hospitality sector, which has created increased pressure on tourism businesses. Through the initiative, the bank aims “to boost the hotel sector and strengthen the Cypriot economy” during a period of uncertainty. “As part of the scheme, Bank of Cyprus cardholders will once again be rewarded through enhanced benefits linked to hotel stays,” the announcement mentioned. The...

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