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The House Finance Committee this week reviewed proposed legislation that would introduce additional relaxations in the 50 per cent tax exemption policy for highly paid expatriate workers returning to Cyprus. According ...

DBRS Morningstar has confirmed the BBB rating with a stable outlook for Cyprus in both domestic and foreign currency over the long term, according to a report recently published by ...

Bahrain on Monday said it was introducing a new “golden licence” offering benefits to companies bringing large-scale investment projects to the small Gulf state as it seeks to reduce its ...

Banks are overly reluctant to tap their cash buffers in volatile markets, fearing adverse reaction from regulators and markets, and changes to the rules may be needed, the Bank of ...

Europe has recognised the value of the heat pump I was always curious to find out how things work and that is the reason that I studied engineering. I still ...

The auditor general’s habit of reporting the government to different international bodies whenever his missives are ignored has become something of a running joke. When his demands are not ...

Chelsea were held to yet another 0-0 draw by Liverpool on Tuesday in their first match since sacking coach Graham Potter with the Blues showing the same inability to turn ...

U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence is dangerous, but underscored that technology companies had a responsibility to ensure their products ...

President Nicos Christodoulides said the government will act to create a registry of artists to ensure their labour rights are protected. Speaking on Tuesday evening at the Thok theatre awards, ...

Lovers of classical music are in for a treat this month as the Larnaca Municipality organises another edition of the annual Classical Musical Festival. All month long, musical ensembles, orchestras ...

A Nicosia district court on Tuesday cleared Morphou Bishop Neofytos of all charges of violating coronavirus-related decrees by holding a church service on Epiphany Day in January 2021 during lockdown. The ...

Donald Trump, the former president and front-runner for the 2024 Republican nomination, pleaded not guilty on Tuesday to 34 felony counts of falsifying business records after an investigation into hush money paid ...

Wargaming on Tuesday announced the sale of a 13.4 per cent holding in Hellenic Bank to Eurobank for a consideration of €70m. The company still remains Hellenic Bank’s fourth-largest shareholder, ...

A 52-year-old man was jailed on Tuesday for two years for assisting third-country nationals with illegally entering the country. The case emerged last February when a small boat with 21 people – 13 ...

Larnaca-based band The Ladderman will finally present its new album to listeners this April. An upcoming performance at Savino Live will have a special meaning on April 21 as the band ...

Another suspect – aged 21 – was arrested on Tuesday after police secured an arrest warrant for his alleged link to violence at a basketball match last month. Police said the suspect turned ...

Fuel prices at the pump should remain stable in the near term but will likely creep up in the coming weeks following Opec’s decision to cut oil production, an ...

Public servants working on an hourly basis will strike if the collective agreement on their salaries is not renewed at the end of April, labour unions Peo and Sek warned ...

U.S. President Joe Biden’s administration said it could not confirm reports that China was able to collect real-time data from a spy balloon as it flew over sensitive ...

An avalanche killed seven tourists in India’s Himalayan state of Sikkim near a mountain pass to the Chinese region of Tibet on Tuesday, with rescue workers calling off the ...

Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin options and futures has spiked over the past ...

Spain stands by Cyprus in its search for a just and viable solution to the island’s political problem, while its prime minister on Tuesday said it would take the ...

The north was hit by severe electricity blackouts – lasting for over 12 hours in some areas into the early hours of Tuesday – which the ‘electricity authority’ claimed may have been caused ...

This Easter, Alphamega Hypermarkets will continue to reward customers’ loyalty, via extremely competitive offers on a wide range of high-quality branded products, as well as by launching a big new ...