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Tax incentives offered to attract international and Cypriot professionals to Cyprus have resulted in €406.6 million in tax exemptions over a three-year period, benefiting 25,277 employees who moved to the island for work between 2021 and 2023.
AstroBank has announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank.
The Cyprus Stock Exchange (CSE) has announced that it has held a meeting with senior officials from the National Stock Exchange of India at its headquarters in Nicosia.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Paphos, as the European culture capital for 2017 will leave behind a successful work, Artistic Director Marios Elia says.
Economically-strained Aristo Developers are still waiting for much-needed Chinese money invested in their Venus Rock golf resort project in Ha Potami, Paphos.
Bank of Cyprus is setting up a special unit responsible for selling off property and managing assets acquired from clients unable to pay back their loans.
Commerce and Industry Minister Georgios Lakkotrypis has promised radical changes to the Registrar of Companies and Official Receiver Department.
An agreement between Cyprus and China on cultural cooperation and exchange programs for the period between 2014-2018 was signed during an official visit paid to China by the Minister of Education and Culture.
Unemployment among the labour force stood at 16.2% in Cyprus for the third quarter of 2013, up by 0.7% in relation to the corresponding quarter of 2012, data released recently by the Cyprus Statistical Service show.
The energy regulator, CERA, has decided to raise a temporary reduction on the basic tariffs of electricity from 5.0% to 8.0%, at the same time extending it for a further two months.
Almost everyone surveyed in the latest Eurobarometer report on Cyprus believes the economy is in ‘bad’ or ‘very bad’ shape but there was that 3.0% who thought it was ‘good’ or ‘very good’.
An ‘emergency’ meeting was convened recently in Nicosia to discuss the roll-out of a planned second tender for interim gas supplies.
A special team will try to claw back millions in tax not paid to the government by big debtors, says Finance Minister Georgiades.
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