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.

Limassol Del Mar has unveiled its exquisite, hotel-inspired communal interiors, services and facilities that will be on offer for residents use only.

Cypriot officials and energy regulators were said to be in Athens recently in a last-ditch bid to ‘salvage’ the EuroAsia Interconnector, a planned subsea power cable linking the power grids of Greece, Cyprus and Israel.

Property sales have dipped over the four months June to September 2019, bringing the boom to a temporary halt after almost 4 years of double-digit growth fueled by the Cyprus passport scheme.