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Invest Cyprus chairman Evgenios Evgeniou addressed foreign investors at the 13th Invest Cyprus International Investment Awards in Nicosia on Wednesday, reaffirming the organisation’s commitment to working with the international investment community to build a more diversified and innovative Cyprus.
Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement just released.
Property sales in Cyprus recorded an annual increase of 17 per cent in June, driven by a 44 per cent surge in Larnaca, while Nicosia posted the smallest gain at just 2 per cent, according to data released by the land registry.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Technology that converts urine into electricity and was introduced in Kenya and Uganda, is now used in Durban, South Africa and will soon make its way to Ethiopia.
The first stage of Cyprus’ Gas Company’s (DEFA’s) tendering process for the supply of liquefied natural gas (LNG) has seen considerable interest from the international markets, the body said.
Cyprus’ banks are now confronted with new challenges following yesterday’s decision by the European Central Bank to decrease the interest rate on the deposit facility by 10 basis points to -0.50%.
The first phase of Cyprus Gas Company’s (DEFA) tender process for the supply of liquefied natural gas (LNG) has triggered considerable interest from major international players such as Shell, BP, Eni and Total.
The integration process of Cyprus Cooperative Bank (CCB) and Hellenic Bank will be completed on September 16, a year after the acquisition of the former by the latter, without seriously affecting former CCB clients, the bank said recently.
According to a recent publication by the Cyprus News Agency (CNA), Cyprus is thinking of updating its tonnage tax system and pricing policy for the registration of ships, aiming to activate specific measures in order to reinforce the competitiveness of the shipping industry.
The Cyprus Asset Management Company (Kedipes) generated income of €288.3 million in the first 10 months of operation of the state-owned asset manager, established following the sale of the former Cyprus Cooperative Bank (CCB) to Hellenic Bank.
Deputy Minister for Tourism Savvas Perdios said recently that a serious increase of cruise tourism was expected in Cyprus in the coming years.
The deadline to appeal a decision awarding the construction of an LNG import terminal at Vasilikos has elapsed, allowing the project to go ahead after years of successive tenders that were scrapped.
The Cyprus Securities and Exchange Commission (CySec) on Wednesday warned investors and the public about various risks that could arise during the current period due to the extremely low-interest rates in banks.
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