The total assets of investment funds in Cyprus increased by approximately €293 million in March of this year, representing a rise of 4.5 per cent compared to December 2023, reaching €6.78 billion.

We are proud Gold Sponsors of Chartered Institute of Arbitrators Cyprus Branch's 2-day Construction Dispute Resolution conference taking place on 21 & 22 May.

Sectors that are heavily exposed to AI are witnessing a surge in productivity, while AI jobs are also experiencing notable growth, according to a recent report shared by PwC Cyprus.

Deputy Minister of Shipping Marina Hadjimanolis this week met with Greece’s Minister of Shipping and Island Policy Christos Stylianides, with the discussion focusing on the competitiveness of European shipping, the shortage of seafarers, the digitalisation of services, and the maritime passenger connection between Cyprus and Greece.

The 2nd Edition of #Cyprus #Arbitration Day was a resounding success, bringing together experts and practitioners from around the globe for an enriching and insightful event.

One in two Cypriots feel confident about starting a business, while more than half believe they possess the necessary skills to be successful in business, according to the results of the Global Entrepreneurship Monitor (GEM).

From 30-31 May, the 7th Reflect Festival, one of Europe’s leading technology and entrepreneurship events, will once more welcome 10k+ guests to experience an exciting line-up of business and networking opportunities, dynamic display booths, interactive events, and a diverse list of renowned speakers who will share actionable insights on topics like AI, edtech, blockchain, cybersecurity, healthtech, deeptech, biotech, renewable energy, future cities, policy making, and more.

Mortgage foreclosures and the process of auctioning mortgaged properties have been significant concerns for creditors and debtors in Cyprus over the past decade. The auctioning of a mortgaged property traditionally occurs as a consequence of non – payment of the mortgage debt. However, the frequency of auctions has notably increased in Cyprus with the enactment of the amending Law N.142 (I)/2014.

The Research & Innovation Foundation (RIF) on Friday unveiled its revamped innovation vouchers programme, offering €10,000 per project along with free support services to Cypriot small and medium-sized enterprises (SMEs).

The Cypriot economy exhibited its highest growth rate in the last five quarters during the first quarter of 2024, with Gross Domestic Product (GDP) increasing by 3.5 per cent compared to the same quarter of 2023, according to a preliminary estimate by the Cyprus Statistical Service (Cystat).