As of November 2024, Celestyal Journey will visit four new countries (Qatar, UAE, Bahrain and Oman) and six new ports (Doha, Bahrain, Dubai, Khasab, Sir Bani Yas and Abu Dhabi)…
The Greek-owned tanker St. Nikolas, sailing under a Marshall Islands flag, that had been seized after a court order by an Iranian group of five gunmen off the coast of…
The number of ships in the ONEX Group Shipyards is constantly increasing. A total of 500 ships of all kinds, Greek and foreign, have completed their repair work at the…
The Greek pharmaceutical biotechnology company GENESIS Pharma signed an agreement with Deciphera Pharmaceuticals for the exclusive distribution of Ripretinib in 14 markets of Central and Eastern Europe.
Based on the…
The absorption of European programs and the financing of “green” shipping dominated the meetings of Minister of Maritime Affairs Christos Stylianides with officials of the European Commission, in Brussels, from…
ΑΕGEAN said that its business took off in 2023 as the Greek airline offered 18.5 million seats in the year, up 3.1 million or 26% compared with 2022, to set…
There are developments in the case of the seizure of the Greek-owned tanker in the Gulf of Oman.
According to the Iranian news agencies IRNA and TASNIM, the Navy of…
Bank of Greece, the four systemic banks, SRB and SSM seem to have agreed upon a dividend distribution of 15%-25% during their meeting.
More specifically, SSM seems to have approved…
Dimand’s investment budget for Thessaloniki amounts to 400 million euros until the end of 2026 and the company is already examining the area for additional new investments, the company’s managing…
Ellaktor ratified the sale of the remaining 25% of Anemos to Motor Oil Renewable Energy (MORE), a subsidiary of the Motor Oil Group (Vardinogiannis group), during the general assembly on…
Piraeus Financial Holdings S.A. announced that it has successfully completed the pricing of a new 500-million-euro Subordinated Tier 2 Bond with a coupon of 7.250%, attracting the interest of a…
Pirates have attacked the Greek-owned tanker ST NIKOLAS off Oman on Thursday.
The British firm Ambrey – Global Maritime Risk Management, said that the Marshall Islands-flagged tanker was bound for…
Former European Central Bank (ECB) head Mario Draghi met business leaders in Milan to prepare a report on how to enhance the EU’s competitiveness. Draghi has been mandated by European…
Rapid progress is evident across all levels in the services provided by Gibraltar to the shipping industry. The so-called “Pillars of Hercules,” dating back to ancient times, have established a…
The institutional recognition of the role of high-speed ships and the promotion of the green transition of coastal shipping are two of the main issues that the newly established Association…
Motor Oil’s share is only 1 euro away from the record price, as it closed at 24.7 euros on Wednesday, up 2%. The listed company was boosted after Alpha Finance…
Industrial production rose 3.1% in November 2023 compared to the corresponding index of November 2022, versus a decrease of 0.9% recorded during the corresponding comparison of the year 2022 with…
The performance of the banking sector on the Athens stock exchange is reminiscent of the year 2014 with the total value of financial institutions near 20.5 billion euros, recording the…
Sunlight is speeding up its plans for the construction of the first Gigafactory producing lithium cells, a strategic investment that will exceed 1.5 billion euros.
The creation of a lithium…
The institutions are soon expected to give the green light to Greek banks with a capital surplus to proceed with the distribution of dividends.
The average dividend yield is estimated…
MYTILINEOS Energy & Metals announced that it has reached financial close with lenders BNP Paribas, Intesa San Paolo, Sumitomo Mitsubishi Banking Corporation, Rabobank and Santander Chile, on a 588 MWp…
Prime Minister Kyriakos Mitsotakis announced the imposition of a ceiling on the gross profit margin for baby formula, as well as the adoption of measures “to deal with the chronic…
The listing of Athens International Airport (AIA) on the Stock Exchange is a strategically important choice of the government, Deputy Minister of Economy and Finance, Thanos Petralias, underlined in Parliament.…
In 2023, the Greek shipowners purchased bulk carriers and sold tankers, as part of their strategy to renew their fleets.
Their strategy was mainly focused on selling older tonnage and…
The Public Group announced that its sales exceeded 500 million euros, surpassing its target and raising its operating profits.
According to an announcement, Public Group said its 2023 performance confirmed…
Greek exports fell in November 2023 with their performance in the 11th month period from January to November 2023 down 7.5% compared to 2022. However, they exceeded 47 billion euros,…
The Greek government presented a draft law to integrate into national legislation a European directive on implementing a minimum tax rate on multinational enterprises and large-scale domestic groups which could…
Jefferies updated its target prices for Greek banks, estimating that the market value of the four systemic institutions will continue to increase in 2024, in continuation of the strong 2023…
The alcoholic beverages market remained on a positive trajectory jn 2023 with wine ranking first in terms of consumption.
More specifically, according to “Naftemporiki” sources, the alcoholic beverages market remained…
“Mytilineos today generates 3% of Greek GDP and aims to reach 4% in 2024, while 70% of our sales is directed to international markets,” Evangelos Mytilineos said addressing an event…
