Cyprus Business News
MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, on Wednesday announced that it has appointed Yannis Matsis as managing director...
Cypriot banks kept on positive outlook by Fitch Ratings
Fitch Ratings on Tuesday said that the ratings of the Bank of Cyprus and Hellenic Bank have been kept on Positive Outlook in spite of...
Cyprus Business Now
Cyprus’ trade deficit in February amounted to €429 million, according to the finalised trade published by the Cyprus Statistical Service (Cystat) on Tuesday. In addition,...
Cabinet approves new tax scheme for foreign workers and companies
The Cabinet of Ministers on Tuesday approved a new tax incentives scheme aimed at attracting foreign companies and high-quality workers to Cyprus. The scheme also...
Israeli natural gas may be exported to EU through Cyprus
Greek oil and gas company Energean on Monday announced the discovery of a commercially exploitable natural gas field in Israel’s exclusive economic zone (EEZ), with...
Royal Jordanian Airlines to expand Cyprus flight schedule
Royal Jordanian Airlines on Monday announced that they are aiming to double their fleet over the next five years in order to increase tourist inflows...
Cyprus Business Now
Cyprus Investment Promotion Agency, known as Invest Cyprus, on Monday announced that it successfully participated in the International Hospitality Investment Forum, which took place in...
Pilides attends youth entrepreneurship event in London
Minister of Energy, Commerce and Industry Natasa Pilides on Thursday evening attended the launch of the Gen Y Innovation Network in London. Gen Y was...
Cyprus to submit ‘mortgage to rent’ scheme request to EU in June
Cypriot authorities are expected to submit a formal request to the EU’s Directorate General for Competition for the implementation of the European Commission’s ‘mortgage to...
Cyprus Business Now
A third of all real estate transactions in Nicosia during the first quarter of 2022 concerned apartments, according to a report by the Council for...