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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 ...
Bank of Cyprus has received the international recognition as the Best Foreign Exchange provider in Cyprus for 2020 by the accredited magazine Global Finance.
Limassol Municipality officially announced recently ACES Europe has designated it as a European city of sport for 2020.
The Ayia Napa marina has been opened for trial operations, the project’s CEO Stavros Caramondanis told media representatives during a guided tour of the site recently.
With its profits continuing to rise on the back of containing expenses, state telecoms operator Cyta will spend €500,000 to hire consultants who will advise on its privatisation process and the search for strategic investors.
Bank of Cyprus recently announced a third-quarter net profit of €19m, and €119m for the first nine months of 2019, as it continued to repair its balance sheet.
The House commerce committee decided unanimously to cut the renewable energy charge on electricity bills by half per KwH from one cent currently in force, starting in 2020.
Cyprus is set to sign a contract to supply natural gas to the domestic market by the end of the year, Energy Minister Yiorgos Lakkotrypis said recently.
The grant scheme for installing renewable energy sources (RES) in homes will continue in 2020 the Energy Ministry announced recently.
Ayia Napa will be the first municipality in Cyprus to use blockchain technology, the town’s mayor said recently.
The economic contribution of small businesses in Cyprus is huge with more than 75% of total value added generated in the non-financial business economy.
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