Cyprus remains at 44 in the World Economic Forum’s Global Competitiveness Report for 2019, scoring poorly for ICT adoption and business dynamism.

With 8,930 students at 125 universities, Cyprus ranks fifth of European countries with the highest number of students in the UK, according to a study by financial experts Rangewell.

Blockchain technology has made strong inroads into the shipping industry all over the world, and Cyprus is following suit.

EY Cyprus was amongst the pristine sponsors of the “Maritime Cyprus 2019” conference, which took place between 6-9 October 2019, in Limassol. The Cyprus Maritime Conference is an established biennial conference, organized by the Shipping Deputy Ministry in cooperation with the Cyprus Shipping Chamber and the Cyprus Union of Shipowners. This year, Maritime Cyprus celebrated 30 years since its first event, with the opening of the conference being held in the presence of H.E. the President of the Republic of Cyprus, Mr. Nicos Anastasiades.

The island’s two main shipping organisations, the Cyprus Shipping Chamber and Cyprus Union of Shipowners, have decided to merge into a single formidable force that will look after the interests of the entire maritime cluster.

Technological advancements and the need for the shipping world to change teaching methods were the main themes at the final day of Maritime Cyprus in Limassol.

The first show apartment at Limassol Marina’s highly anticipated Castle Residences is now ready for viewing.

Cyprus and Egypt have signed a new agreement for the elimination of double taxation with respect to taxes on income and the prevention of fiscal evasion and avoidance, the Finance Ministry announced recently.

The Cyprus Institute (CyI) has launched its Climate and Atmosphere Research Centre (EMME-CARE), which is to study greenhouse gases in the region.

In the recent English case JSC BTA BANK -V- KHRAPUNOV (2018), the Supreme Court, held inter alia, that third parties may find themselves exposed to damages for unlawful means conspiracy, if they assist in the breach of a freezing injunction.