The Cyprus Property Developers Association (LBDA) marked its 40th anniversary this week, stating that during this time it has emerged as a “dynamic advocate and representative of the land and property development sector”.

The Cyprus Investment Promotion Agency, commonly known as Invest Cyprus, and the Cyprus Fiduciary Association (CYFA) inked a memorandum of understanding (MoU) on Wednesday, aiming to bolster their ties and foster cooperation to enhance the Cyprus business ecosystem.

The Cyprus Property Developers Association (LBDA) marked its 40th anniversary this week, stating that during this time it has emerged as a “dynamic advocate and representative of the land and property development sector”.

Cyprus’ construction sector has shown significant growth, as evidenced by the increase in building permits issued by the municipal authorities and the district administration offices in the early months of 2024.

Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank and the Best Investment Bank in Cyprus in its 2024 awards, according to an announcement released on Tuesday.

National investment promotion agency Invest Cyprus recently showcased the country’s business and investment credentials in the Middle East, while also highlighting that Cyprus can act as a gateway to the EU for companies looking to expand to Europe.

Kyriacos Xenophontos, TEP, Partner at Elias Neocleous & Co LLC (ENC) and member of the board of STEP Cyprus, together with Adonis Zachariou, STEP Affiliate and Associate at ENC, recently attended the prestigious STEP Cyprus’ annual conference, themed “Reinventing the wheel: The Future of Succession Planning”.

The Great Britain-Cyprus Business Association’s International Investment Conference 2024 kicked off in Limassol today, with the aim of enhancing business networking between the two countries.

Cyprus is an attractive relocation destination for EU citizens due to its climate, tax and judicial system, and welcoming culture. A recent article by Konstantinos Kaousliadis, Associate at Elias Neocleous & Co LLC Associate, provides an insightful overview of the residency and permanent residency process for EU citizens in Cyprus, focusing on the MEU application system.

Cyprus-headquartered Capital.com, a global trading platform and fintech group, this week announced that total client trading volumes exceeded $1.2 trillion in 2023.