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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 ...
The Cyprus Shipping Chamber (CSC) welcomes with satisfaction the arrival of a new P&I Club among its Member-Companies, Steamship Mutual Underwriting Association (Europe) Limited, which has decided to underwrite all of its European business through its Cypriot entity.
Non-performing loans (NPLs) dropped by around €1.4 million on a monthly basis in August last year, the central bank (CBC) said on Tuesday, as the overall ratio of bad debts fell slightly to 29.3%.
The tourism ministry aims by 2030 to place Cyprus among the 30 most competitive countries in the world from the 44th position it currently occupies, minister Savvas Perdios said on Tuesday, as he outlined future objectives.
More than double the number of people received flu vaccinations this year compared with the same period last year, while type A cases are limited and not serious, the head of the state medical services, Elisavet Constantinou, said on Wednesday.
The cabinet on Wednesday approved the health minister’s proposal to provide €70 million in guarantees to allow private hospitals to join Gesy.
An ambitious climate and energy plan for the 2020-2030 period, which aims to save €500 million, was approved by the cabinet on Wednesday.
According to Cyprus News Agency’s (CNA) recent report, President of Cyprus Nicos Anastasiades stated that the momentum in real estate market will continue to a greater extent fostered by a large number of local and foreign investment recorded in the island.
New ferry link between Cyprus and Greece for 2020
Cypriot and US officials decided on Tuesday to set up a working group to expedite the Republic’s longstanding bid to join the United States’ Visa Waiver Programme (VWP).
Finance Minister Constantinos Petrides said on Tuesday he was satisfied with the double bond issuance which will meet Cyprus’ borrowing needs and repay an International Monetary Fund (IMF) rescue loan.
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