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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 ...
Cyprus is looking into the possibility of transferring water from Lebanon, either by ship or pipeline, to lower the cost of agricultural production, says Agriculture Minister Nicos Kouyialis.
Cyprus and energy giant Total have signed a memorandum of understanding (MoU) for the development of a natural gas liquefaction facility.
Troika officials who are monitoring cutbacks and reforms to reduce the runaway fiscal deficit of Cyprus, say the programme is on track, but the biggest challenge ahead is the privatisation of SGOs.
Organic olive oil, pharmaceuticals, tech and postal services win awards for initiatives that marked innovative firsts for the island.
Hellenic Bank is lowering its interest rates on certain categories of loans, following similar plans by Bank of Cyprus and Alpha Bank.
Cyprus’ GDP is expected to contract in both 2013 and 2014, with the recession coming to an end in 2015, says the autumn forecast of the European Commission.
Israel’s national carrier EL AL has restarted flights to Cyprus after around six years, with the first aircraft arriving at Larnaca airport.
Out of a total of 23 countries worldwide, the 2013 Knight Frank Global Lifestyle Review puts Cyprus in fifth place as the best relocation destination in the world.
Hellenic Bank avoids Cyprus state bailout, raising €100 million through private funds from three major investors taking 75% of the share capital.
Alpha Bank Cyprus has announced it is issuing new shares and convertible securities worth €129 million to strengthen its capital in line with a diagnostic assessment.
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