On 08 June 2023, the House of Representatives passed a bill amending the current legislative framework allowing for a reduced VAT rate of 5% levied on first homes on the Value Added Tax Law 119(I) of 2016 (the "Law"). The new amendment of the Law is subject now to the European Commission's approval to come into force.

Fairfax wishes to inform all employers about the changes that will be put in effect in 2024.

The University of Cyprus has climbed 105 places to 368th in the QS World University Rankings.

The Cypriot flag has been included among the flags of countries listed in the white list of the Paris and Tokyo memoranda, according to Deputy Minister for Shipping Marina Hadjimanoli.

President Nikos Christodoulides said on Tuesday one of his priorities is the establishment of a deputy environment ministry to facilitate the country’s green transition in the coming years.

The European Commission has proposed to mobilise €574,000 in funds, as part of a proposal for a total of €330 million for farmers across the EU impacted by adverse climatic events, high input costs, and diverse market and trade related issues.

The answer to “Do we really need dress codes at work?” varies, depending on who you ask. The attitude towards dress codes is shifting radically. Some companies still enforce dress codes, others just abandon them altogether. However, everyone can agree on one thing and that is the “no sweatpants” policy.

He’s a quintessential entrepreneur: The co-founder and CEO at Heart Group, the co-founder of Reflect Festival, the co-founder of TechIsland, the co-founder of Workin Spaces, the co-founder of Whitebeam Ventures, the co-founder of Heart Hotels…and he’s only 32.

Elias Neocleous & Co LLC is proud to announce its partnership with KDDO Cyprus Network Justice for All, to offer pro bono legal guidance and legal representation to beneficiaries of the program.

Israel, due to estimated shortfalls in domestic electricity production in the coming years, is keen on seeing the creation of the electricity interconnector with Cyprus, Energy Minister George Papanastasiou has said.