Cyprus has been a member of the European Union since 2004 and adopted the euro in 2008. The country is known for its well-educated workforce, good business infrastructure and availability of investment opportunities in sectors such as shipping, energy and real estate. All of this, along with the benefits of a great lifestyle, make the country hugely attractive for high-net-worth individuals and top calibre employees to work and settle with their families. Cyprus also offers a number of tax incentives to high-net-worth individuals who want to relocate there.

President Anastasiades and Turkish Cypriot leader Mustafa Akinci launched the interoperability of mobile phones across the island with a phone call on Thursday noon.

The Cyprus Parliament approved on Friday regulations that allow the government to extend the licenses of companies exploring hydrocarbons inside the island’s exclusive economic zone under certain conditions.

Cyprus MPs approving amendments to the legal framework on foreclosures will lengthen an already slow process making it more difficult for banks to claw back debt, argues Moody’s.

The Cyprus Stock Exchange (CSE) is deeply “dissatisfied and disappointed” with the approach taken by the Energy Ministry which rejected its bid to act as the country’s electricity market operator.

Two and a half years after undertaking the operations of Limassol port and the new cruise terminal, DP World has upgraded infrastructure and equipment.

Cyprus-based Woodbrook Group Holdings Ltd, one of Europe's largest international firms of financial consultants, recently confirmed it has established its first base in the Middle East with the acquisition of Mondial (Dubai) LLC.

The "Everyday Flexibility" framework gives people the opportunity to better manage their time

In the leading Appellate case, Attorney General of The Republic of Kenya -v- Bank Fur Arbeit & Wirtschaft AG (1999), the Supreme Court of Cyprus held inter alia, that Cypriot Courts do have inherent jurisdiction to stay or suspend the enforcement proceedings of an arbitral award, provided that there are strong grounds for granting such stay, in order to prevent injustice.

In June 2019 Cyprus registered the EU’s second lowest annual inflation rate of 0.3% behind Greece with 0.2%, compared to a year earlier when the rate was 1.7%, according to Eurostat.