CySEC launches consultation on using regtech for identity verification
The Cyprus Securities and Exchange Commission (CySEC) has on Thursday launched a consultation on the use of regtech in “AML/KYC” – obligatory identity verification in...
Cyprus Business News
“Cypriots have their own special way of getting things done” – Toumazis, entrepreneur
Tom Toumazis MBE is a UK Cypriot business leader who has built a successful career while taking time to give back to society. More recently,...
Cyprus still a top choice for European travellers
Surprisingly, lots of Europeans are still intent on travel this year, and not surprisingly, Cyprus remains among the top choices for destinations according to a...
Cyprus too tolerant of non-compliance, business leaders say
Cultural change is needed at the highest levels, and rules must be followed, prominent business people, across many different sectors, told the Cyprus Mail on...
Cyprus Trade Deficit narrows on slowing economy – Economist
Cyprus saw a decline in imports, due to reduced demand in a slowing economy, that has driven the narrowing of the trade deficit, according to...
5G on its way rapidly after licencing, says Cyta CEO Andreas Neocleous
5G is on its way soon, Fibre optic internet connections to expand, internet access upgrades coming to all 450 schools in Cyprus – these are...
Behaviour that led to scrapping citizenship programme ‘catastrophic’ for economy
By Andrew Rosenbaum and George Psyllides The chamber of commerce and industry (Keve) said Tuesday the behaviour exhibited by certain individuals was catastrophic for the...
Cyprus culture and finance: UK ‘Cypriots in the City’ bring them together
“Cypriots in the City,” (https://www.cypriotsinthecity.org/), a platform that aims to bring together Cypriots and Cypriots in the UK who work in (or study) in the areas...
Solar panels on all our houses
European Recovery Fund to finance vast expansion of home solar panels The Cyprus Mail has learned that one of the first projects to be...
Preparing your finances for emergencies
Europeans rarely make special preparation for financial emergencies. Some Europeans are savers – although Cypriots are not – and they save money in both good...
Parklane in Limassol receives British Airways Customer Excellence Award for 2019
The Parklane, a Luxury Collection Resort & Spa in Limassol has received a British Airways Customer Excellence Award for 2019. This award comes from unbiased...
Cyprus banks must put an end to non-performing loans — Bank of Cyprus CEO
Panicos Nicolaou, CEO of the Bank of Cyprus, the island’s largest lender, warned that banks here must put an end to non-performing loans remaining from...
Cyprus interconnectors to end the island’s energy isolation
By Dr. Charles Ellinas On and off we hear a lot about electricity ‘interconnectors.’ Energy, Commerce and Industry Minister Natasha Pilides has repeatedly stressed the...
Cyprus-Saudi Business Association launched to create partnerships, opportunities
The creation of the Cyprus-Saudi Business Association, announced on Friday, will create new opportunities for partnership between businesspeople in our country and the Kingdom. Says...
Lebanese businesses seek opportunities in Cyprus
For Lebanese businesses, struggling in the crisis, Cyprus offers opportunities. Hundreds of Lebanese have simply up and moved to Cyprus. Others have decided to stay...
Cyprus SMEs still lag on innovation
By Dr Georgios Afxentiou – Head of Research, Assistant Professor in Business, Certified Management Consultant, CTL Eurocollege Cyprus SMEs need to improve their focus on...
Number of Unemployed Persons Jumps 81% in September
There was an increase in the number of registered persons unemployed of 81 per cent in September 2020, from the same month in the previous...
Cyprus not likely to see many UK tourists this year – Analyst
There are just too many factors militating against tourism to Cyprus from the UK this year, warns Johanna Bonhill-Smith, a travel and tourism analyst with...
Brexit has energized the Cypriot diaspora in the UK
“Brexit has brought about a huge awakening of the Diaspora in the UK,” Christos Karaolis, who has been President of the National Federation of Cypriots...
Discussions continue into cutting red tape for large investments
The government is tweaking a bill designed to speed up the licensing process for large-scale investments, approximately a year after first drafting the legislation. At...
