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Tax incentives offered to attract international and Cypriot professionals to Cyprus have resulted in €406.6 million in tax exemptions over a three-year period, benefiting 25,277 employees who moved to the island for work between 2021 and 2023.
AstroBank has announced that it has signed an agreement to sell nearly all its assets, liabilities and staff to Alpha Bank Cyprus, creating the country’s third largest bank.
The Cyprus Stock Exchange (CSE) has announced that it has held a meeting with senior officials from the National Stock Exchange of India at its headquarters in Nicosia.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Larnaca will see its fair share of new developments with several luxury high-rise building projects, hotels and a shopping mall being built by local and foreign investors.
High mobility has been recorded at Cyprus airports over the recent years with aircraft landings marking an upward trend between 2014 and 2018, according to latest data by the Statistical Service.
Cyprus had the second-highest annual increase in the EU of nights spent in tourist accommodation by residents (up 13%) in 2019 and the second-largest share of non-residents (94%) staying over.
Debt Acquiring Companies have made their presence felt in Cyprus by changing the banking landscape and possibly having a future effect on the real estate market after acquiring asset-backed NPLs worth €14 billion.
The only centre offering free palliative care to cancer patients and their families in Cyprus will start operating in the newly renovated and expanded clinic by the end of February.
Two more specialists will be added to medical staff at Kyperounta hospital in the next few days, as part of the national strategy for the development of mountain communities, Health Minister Constantinos Ioannou said on Friday.
Parliament on Friday approved a bill granting authorities the ability to conduct phone surveillance as part of crime-fighting and counter-terrorism efforts.
Parliament unanimously passed two bills on Friday to increase the number of district court judges, as part of reforming the justice system.
Parliament on Friday approved a bill amending the rent control law, effectively making it easier for landlords to evict troublesome tenants, an almost impossible feat at present.
President Nicos Anastasiades inaugurated the new Petrolina liquid fuels storage facility at Vassiliko on Saturday, saying the company’s relocation was well within the timeframe agreed with the authorities and that this was the start of the implementation of the new energy centre.
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