This article is an update to our earlier article entitled: UBO Register in the Republic of Cyprus: Deadline extended for Interim Solution-compliant companies.

In his statements to the press following the meeting, the Director of the Press Office of the President of the Republic, Mr. Victor Papadopoulos, said that “The presence of the Head and members of the UAE Investment Fund, TAQA, in Cyprus and the meeting that occurred today with president Christodoulides, took place as a follow up to the visit back in the summer of the Deputy Minister of Foreign Affairs of the UAE, responsible for economic and commercial matters.”

The Information and Telecommunication is Cyprus’ fastest growing sector, according to GDP data published by Cystat, highlighting the momentum of the sector as a component of the Cypriot GDP.

Cyprus has witnessed a remarkable surge in the Information and Communication Technology (ICT) sector, emerging as a central driver of economic development, with the CEO of Invest Cyprus Marios Tannousis attributing this success to the collaborative efforts of the government and the private sector.

The Cyprus Shipping Chamber (Kne) announced on Monday that it is marking 35 years of successful operation since its establishment on January 26, 1989, with a number of events, which ultimately seek to boost the island’s profile in international shipping.

Elias Neocleous & Co LLC (ENC) is excited to announce that it will be hosting a thought-provoking panel discussion on the Remote Work Revolution: Navigating Legal Challenges and Optimizing Compliance for In-House Counsel in Cyprus, at the 2024 Legal 500 General Counsel Summit Cyprus (the ‘GC Summit’).

SOTERIS PITTAS & CO LLC is pleased to announce that as of the 1st of January 2024, Mr. Christodoulos Neophytou, Mr. Alexandros Mavrommatis and Mr. Kyriakos Pittas have been promoted as partners in our Firm!

The Pharos Arts Foundation, celebrating its 25th anniversary this year, is one of the island’s leading cultural and educational foundations, especially in the area of music, presenting recitals and concerts with some of the world’s leading musicians and ensembles. Here, the Foundation’s Founder and President Garo Keheyan speaks to CBN about the Foundation’s history and reveals plans to build a €15 million Centre for Art, Culture and Dialogue.

Low cost air carrier Wizz Air on Monday announced that it recorded a significant surge in its Cypriot passenger numbers in 2023, with a remarkable 71 per cent increase compared to the previous year.

In a strategic move, Island Petroleum, a subsidiary of Island Oil (Holdings), has announced the acquisition and utilisation of the vessel M/T ASTRAIA, dedicated to providing physical supply services of marine fuel oils in Limassol.