RCB Bank and American Express have launched two partnership agreements that will enable the bank to provide merchant recruitment and payment processing in Cyprus on behalf of Amex.

Pafilia Property Developers has completed the construction and installation of the first bee hotels at Minthis Resort in Tsada.

Cyprus is satisfied with the outcome of London's World Travel Market, but the holiday island was urged to offer more than just sun, sea and sand to compete, said Deputy Tourism Minister Savvas Perdios.

October 2019 was the state health services organisations’ (Okypy) best month since Gesy began operating with revenues to state hospitals reaching €7.5 million.

Transport Minister Vassiliki Anastasiades has said that eight tenders have been submitted for the construction of the first phase of the Nicosia ring road, a three-year project estimated at €62m.

Cyprus wetlands are in danger of being destroyed due to climate change, with the Mediterranean region being described as the hot spot of the hotspots where rising temperature and water levels are more than dramatic, according to press reports.

Hermes Airports was honoured with two accolades at the Business4Climate & Energy Efficiency Network Awards, in an awards ceremony that was held on 24 October, 2019 in Nicosia.

In its judgment in Gazprom case, the European Court of Justice (“ECJ”) held inter alia that an antisuit injunction issued by an arbitral tribunal prohibiting a party from bringing certain claims before a court of a Member State, is not covered by the EU Regulation 44/2001 -(i.e. which is now replaced by EU Regulation 1215/2012)- and it’s up to the national courts of each Member State, whether such an award may be recognized and enforced under its own national laws and the New York Convention.

We are pleased to announce that ‘World Tax 2020’, the International Tax Review’s (“ITR”) comprehensive guide to the world’s leading tax advisory firms has elevated the status of our Tax Advisory Team from ‘Highly Recommended Firm’ to ‘Top Tier Firm’.  Additionally, the team’s work in areas of tax controversy has been specifically lauded.

Cyprus is satisfied with the outcome of London's World Travel Market, but the holiday island was urged to offer more than just sun, sea and sand to compete, said Deputy Tourism Minister Savvas Perdios.