The goal for this year’s tourist season is to remain at the high levels recorded last year, achievable through cooperation within the tourist industry and appropriate marketing in various markets, deputy tourism minister Savvas Perdios said recently.

Elias Neocleous & Co LLC has been recognised by Who’s Who Legal as leading experts on Cyprus Employment Law.

Cyprus had one of Europe's highest rates of naturalisation in 2017 when it granted citizenship to 3.9 per 100 residents.

Parliament approving the conversion of a certain type of deferred tax assets (DTAs) into deferred tax credits (DTCs) was good news for Cyprus’ largest bank, said ratings agency Moody’s.

The construction of the EastMed pipeline is a geopolitical necessity, senior fellow at the American foreign council Stephen Blank said, commenting on the latest discovery of gas in the Cypriot exclusive economic zone (EEZ).

A bill to establish a national investment fund was approved by the Parliament of Cyprus past Friday. The fund aims to manage future revenues from hydrocarbons, with political parties also agreeing to disconnect gas revenues from the nation’s public debt.

Energy Minister Yiorgos Lakkotrypis said recently that he expects to be informed about the discovery of natural gas in an offshore field within the next couple of weeks.

Cyprus-based Intergo Telecom Ltd has launched an innovative business messaging platform called www.SMS.to

Energy companies active in the island’s exclusive economic zone urged the government to think bigger, and cautioned that much needs to be done to improve existing infrastructures that support offshore drilling.

The Cyprus Securities and Exchange Commission (CySEC), the island’s regulator of financial services and investments, has revised the directive for the investors’ compensation fund (TAE), to benefit individuals who lose their money when a KEPEY investment fund goes belly up.