Our firm is pleased to announce that it has been ranked yet again as a top tier law firm in Cyprus by the legal directory Legal 500.

The audit, tax and consulting firm RSM Cyprus, with offices in Limassol, Paphos and Nicosia, has been certified by the Great Place to Work® as the employer of choice based on the questionnaire Trust Index©, which relies solely on the anonymous and confidential answers of its employees.

The 2022 Legal 500 Europe, Middle East & Africa rankings have been released and for the second consecutive year we are delighted to report that Elias Neocleous & Co LLC has received a Tier 1 rating in all nine categories reviewed.  We are the only law firm in Cyprus to achieve this.

The fact that tourism appears to be facing some kind of crisis every year in recent times has put the sector on alert and made Cyprus work harder towards diversifying its product, according to deputy tourism minister Savvas Perdios.

Cypriot grape production has collapsed by 93% over the last 30 years, as the island has shifted from being a grape exporter to an importer.

Cyprus ranked sixth among the most popular countries in the world where Britons are likely to travel to in 2022, according to a survey carried out by UK search engine for holiday rentals Holidu.

Cyprus will issue its first-ever Green Bond in 2023, aiming to yield up to €1 billion to finance climate-related or special environmental projects.

The ENI TOTAL consortium will resume work on Block 6 within the Cyprus EEZ. According to information from Kathimerini, the Franco-Italian consortium will initially carry out drilling at a specific point of block 6 in order to have a better picture of the "Kalypso" deposit.

Hellenic Bank is close to offloading the last of its Non-Performing Loans after sealing an agreement to sell a package of NPLs worth over a billion euros and its debt servicing platform APS.

Finance Minister Constantinos Petrides is pleased with Cyprus’ recent upgrading by rating agency DBRS Morningstar from BBB(Low) to BBB, revising its outlook from positive to stable.