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Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an international audience at the 10th International Funds Summit & Expo in Nicosia, presenting the island’s unique advantages, including financing schemes and incentives for global investors.
The Cyprus government recorded a reduced deficit of €39 million in the second quarter of 2024, marking a sharp improvement from the €260.8 million deficit reported for the same period last year.
Cyprus and Egypt are set to deepen maritime collaboration through a joint commission, established during Deputy Shipping Minister Marina Hadjimanolis’ recent visit to the country.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Cyprus and Switzerland recently signed a double taxation agreement and a relevant protocol.
Almost 20 companies have submitted non-binding expressions of interest in Cyprus Airways, a state-owned carrier that the government wants to privatise, Communications Minister Marios Demetriades said recently.
The Natural Gas Public Company (DEFA) announces it has invited a number of bidders for negotiations for the supply of natural gas.
Cyprus Tourism Organisation (CTO) has taken an initiative with the aim of reducing airport taxes imposed by Hermes, the company managing the operations of Larnaca and Pafos airports, CTO Director General Marios Hannides said recently.
Larnaca Port’s development as a hydrocarbon sector service provider was at the centre of discussions between Communications Minister Marios Demetriades and Akel General Secretary Andros Kyprianou recently.
Minister of Energy Yiorgos Lakkotrypis has pointed out the necessity to modernise Cypriot businesses, so that they may become competitive and survive.
On the last day for expressions of interest, Aegean Airlines submitted its intention to bid for the sale of Cyprus Airways (CY) or its assets to new investors.
The Kanika Group has sold The Alexander the Great Beach Hotel in Paphos and the Kanika International Business Center in Limassol in two separate multimillion-euro deals involving Russian investors.
Cyprus Airways (CY) has signed a strategic agreement with PHI Air Europe, a leading company in the provision of helicopter support to offshore oil and gas operations.
The foreclosures bill will not be submitted to the Cabinet for approval as it was originally scheduled as government legal services couldn’t review it on time, sources told the press.
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