The German tourism market is expected to decline by 20% in 2019, deputy minister of tourism Savvas Perdios said recently.

On 24 May 2019, Cyprus ratified the double taxation treaty it had signed with Kazakhstan earlier this year which is expected to enter into force on the 1st of January following the year that all steps are taken by the two countries to give effect to the treaty.

Legal Business is the market-leading glossy monthly magazine for senior decision-makers in the UK and global legal market. Published ten times a year, the magazine reaches thousands of senior lawyers at major commercial firms across the UK and key financial centres of Europe, Asia and the US. It is published by Legalease, the publishers of the respected “Legal 500” rankings.

Pafilia Property Developers presented its new flagship project in Limassol, NEO, at a glamorous soiree with distinguished guests on June 3rd. The globally significant and ultra-stylish four-tower resort, situated on the waterfront in the heart of the city, will provide a new anchor and destination for Limassol.

Cyprus is set to enjoy a novel shopping experience as work on the island’s first designer outlet and entertainment village is set to begin in September and completed by May 2020.

An Equity Fund should be established to address the difficulties small and medium sized enterprises (SMEs) encounter in obtaining financing, the Cyprus Economy and Competitiveness Council has proposed.

On Thursday, 20th of June 2019, the 15th CFO Management Forum took place at the Hilton Park Hotel in Nicosia. The forum brought together around 200 chief financial officers and other key executives from the major companies and corporations operating in Cyprus, as well as government representatives and officials.

PwC Cyprus’ trainee accountants have once again achieved significant distinctions in the 2018 examinations of the Association of Chartered Certified Accountants (ACCA).

Cyprus households are to enjoy the benefits of super-speed internet exceeding 100Mbps by 2025, joining in the digital revolution taking place in the rest of the world.

EuroAsia Interconnector, promoter of the European project of common interest (PCI 3.10) has applied for an EU grant to construct the subsea electricity interconnection between Crete and Attica, benefiting Greek consumers by €355 million with a commissioning date of mid-2022.