Cyprus, Greece and Lebanon signed a memorandum of understanding on tourism on Friday in Athens, with the aim of further strengthening and upgrading the cooperation of the three countries in the sector.

Handed in your resignation but received a counteroffer from your current company? Received a counteroffer but don’t know how respond? Should you stay or should you go? Keep reading to find out whether you should accept the counteroffer!

Companies registered with the Department of Registrar of Companies and Intellectual Property (DRCIP) of the Republic of Cyprus have an obligation to pay an annual fee (frequently referred to as annual levy) of €350 by 30th June each year, throughout their lifecycle.

President Nikos Christodoulides addressed the Cyprus Shipping Chamber’s annual general meeting, praising the association for its efforts in boosting the local maritime sector, and consequently elevating the country’s profile on the global stage.

In the very recent decision of Re Mosaica Investments Limited, Petition No. 573/2022 DC. Nicosia, Interim Decision dated 21.02.2023, the Cypriot Court, by following relevant English and Cypriot case, proceeded to set aside a notice of appearance filed by a lawyer on behalf of a Respondent Company in a Winding up Petition.

The value of real estate sold in Cyprus during the first quarter of 2023 reached €1.7 billion, according to a report released by the Department of Land and Surveys.

With the implementation of the state’s action plan, combined with the quality services and incentives Cyprus offers, there is growing confidence that Cypriot shipping will maintain its resilience and competitiveness, Deputy Minister of Shipping Marina Hadjimanoli has said.

National investment promotion agency Invest Cyprus on released a statement summarising its activities at the Delphi Economic Forum, where a number of actions and initiatives helped to showcase investment opportunities in Cyprus to the diverse crowd of business people in attendance.

Oil major Chevron have begun drilling an appraisal well, the second, at their Aphrodite gas discovery offshore Cyprus, media reports said.

A new university department for marine science is on the cards for Larnaca, the city’s mayor Andreas Vyras said on Tuesday after a meeting with President Nikos Christodoulides.