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The Cyprus Chamber of Commerce and Industry (Keve) has released a statement reviewing the outcomes of a major business forum held in Nicosia earlier this week, where Cyprus and Chna explored opportunities to expand bilateral trade, attract investment and develop business partnerships.
Cyprus businesses will need to invest more, improve productivity and turn research into commercially successful products if they are to compete internationally, with employers warning that the ability to adapt quickly to new technologies will increasingly matter more than company size.
Invest Cyprus CEO Marios Tannousis outlines how greater access to growth capital, international partnerships and skilled talent can help turn the island into a hub for globally competitive startups
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Cypriot courts have issued an international injunction that aims to temporarily freeze assets of three former executives of the island's second largest bank that has been forced into bankruptcy as part of the Eurogroup-orchestrated bailout deal.
The communications ministry has called for tenders’ proposals for a feasibility study on a tram network in the greater Nicosia region.
Cyprus’ anti-money laundering unit (MOKAS) is cooperating closely with US authorities in a major case involving theoperators of a digital currency exchange with links on the island through numerous bank accounts.
Foreign investors will now be able to obtain Cypriot citizenship if they bring in €5 million, have large bank accounts or perform certain business transactions on the island.
Hellenic Bank posted a €31.7 million loss in the first quarter, taking a hit from higher provisioning for bad loans and from the sale of its Greek business as part of an international bailout for Cyprus.
German professor Heinz Richter says it is time to put an end to wrong perceptions in Germany regarding the banking sector and the way the economic situation is being managed in Cyprus.
Greek banker Christos Sorotos has been appointed interim Chief Executive Officer at Bank of Cyprus, the island’s biggest lender currently under temporary control by the Central Bank (CBC) as part of Cyprus’ bailout.
Chinese plan to invest €1.5 billion in Cyprus, showing strong confidence in the prospects and potential of the country.
US firm Noble Energy is to begin appraisal drilling at the Aphrodite offshore prospect in early June to confirm Cyprus' estimated hydrocarbon reserves.
Leaked internal documents of the International Monetary Fund (IMF) reveal the executive board’s concern over “optimistic” and “ambitious” forecasts of a Cyprus recovery under the troika bailout and adjustment programme.
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