KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for 2023 Q4.

Tim Fadeev and Andrey Ivashentsev, the co-founders of Game Developers Cyprus (GDCy), which brings the local community together through various events, analyse the reasons behind their exceptional growth, which is expected to lead later this year to the largest open-air GameDev event in the EU and possibly the world.

payabl., one of Europe’s leading PayTechs, was recently granted an Electronic Money Institution licence (EMI licence) by the Central Bank of Cyprus (CBC), which will be passported throughout the EEA.

Invest Cyprus Chairman Evgenios Evgeniou told key foreign investors on the island that he wants them to become the country’s ambassadors, adding: “You are the most credible advocate for our country.”

President Nikos Christodoulides told foreign investors in the country that the government approaches them as its partners, who will help it navigate a landscape marked by challenges and opportunities alike.

An event organised by Invest Cyprus and the Presidency of the Republic entitled “Foreign Investors Dialogue with the Cyprus Government: from feedback to action Cyprus’ Vision on Making Cyprus one of the best places to work, live and do business in” was both successful and particularly productive.

The government’s programme to attract foreign businesses has been embraced by the island’s investors community, while the additional measures announced recently will allow Cyprus to remain a trusted and reliable business hub, according to Elena Damianou, Head of the government’s Business Facilitation Unit (BFU).

Interior Minister Constantinos Ioannou said the newly-introduced Strategic Investments Law aims at simplifying the licensing process for strategic investments and reducing bureaucracy, as part of the government’s overall effort to improve Cyprus’ business environment for its foreign investors.

While acknowledging that the Cyprus Investment Funds Association’s efforts had contributed to Cyprus being in a position to claim a place among Europe’s emerging investment fund hubs, Finance Minister Makis Keravnos also noted that CIFA’s AGM was taking place amidst a series of geopolitical developments that have brought with them challenges and threats.

Nicosia is in first place of on a list of the 10 Top Small European Cities of the Future 2024 in terms of Human Capital and Lifestyle according to a Special Report by fDi Intelligence.