EY has announced the opening of the EY Advanced Technology Tax Lab, the first in what will become a global “Tax Lab” network dedicated to solving complex tax issues through the application of advanced technologies. The EY Tax Lab operates in collaboration with renowned Massachusetts Institute of Technology (MIT) computer scientist Alex “Sandy” Pentland, one of the most-cited scientists in the world and leader of the MIT Connection Science and Human Dynamics labs.

Paphos with its mild climate, natural beauty, historic sites and rich heritage is a cosmopolitan resort that has something for everyone at any time of the year. The relaxed tempo of life offers visitors and residents tranquility and peace, few places in the world can offer.

France and Cyprus launched syndicated bond sales recently as euro zone government bond yields were hovering near lows on expectations the European Central Bank will look to boost a faltering economy with cheap loans.

Cypriots are the most likely in the EU to report that healthcare poses a high financial burden to them, a Eurostat study found.

The state-owned Cyprus Asset Management Company (Kedipes), which was established following the sale of the former Cyprus Cooperative Bank to Hellenic Bank, generated an income of over €101 million in its first four months of operation, it announced recently.

During the 11-month period January to November 2018, building permits issued in Cyprus increased 12.05% to 5,929 compared to 5,291 in the same period of 2017.

Celestyal Cruises, the cruising division of Cyprus-listed Louis Plc, is returning to its home base towards the end of 2019 offering five week-long cruises out of Limassol, calling on Piraeus, Rhodes, Alexandria, Ashdod and Kusadasi.

RCB Bank announced recently it has expanded its list of payment solutions offered to customers to include card clearing operations, as it takes on board some of the island’s biggest commercial businesses such as IKEA.

Debenhams Olympia, one of Limassol’s shopping landmarks is to be knocked down to make way for a 45-storey luxury apartment block on the town’s seafront.

The vast majority of Cypriots (85%) are satisfied with their life — close to the EU 28 average of 83%, with the Irish the most satisfied with 97% and the Greeks the least with only 49%, according to later Eurobarometer.