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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 ...
Although 'strict and painful' the financial adjustment programme is the country’s only choice to exit the crisis, says the Central Bank of Cyprus (CBC) in its six-monthly economic bulletin.
The Association of Laiki Bank depositors meet with President Anastasiades, presenting him with a proposal regarding monetary compensation from future natural gas exploitation.
Natural gas reserves in the Exclusive Economic Zone (EEZ) and the prospect of the island evolving into a regional energy centre with a LNG plant, would prove beneficial for Cyprus shipping, says President Anastasiades.
Oil reserves have been found below the gas deposits in Block 12 of Cyprus' Exclusive Economic Zone (EEZ) based on Noble Energy's latest findings.
In this year’s The Best Countries for Business survey by Forbes, Cyprus has topped the rankings coming first in the 'personal freedoms' category.
Chrysalis Leap is Cyprus' first and only business accelerator, which has just completed its first comprising round of nurturing clean technology startups, pitching innovative business ideas to investors as part of the recent Demo Day.
The global financial crisis continues to ripple its devastating after-effects, while regional economies, such as the European Union, scramble to find convincing answers to impossible questions.
Major tour operators mainly from Russia have shown strong interest in extending their tourism programme to Cyprus, says the Cyprus Hotel Association ( CHA) chairman.
Christoforos Pissarides, Nobel laureate economist and head of the National Economy Council of Cyprus says the instability in the eurozone means the single currency should either be rescued through growth or be dismantled.
The 2014 state budget is focused on the reduction of expenditures, Finance Minister Harris Georgiades told parliament recently, adding that cuts will reach around 10%.
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