Marijuana for medical use sees slow take-up, investment in Cyprus
Doctors in Cyprus are still reluctant to prescribe medical marijuana due to lack of experience with the drug – this is despite the fact that...
BusinessTop
Cyprus Troodos copper and gold mining sees significant investment
Cyprus-based copper and gold miner Chesterfield Resources has raised £630,000 to move ahead with development of gold deposits that the company has located on its...
Cyprus business gets new access to Bitcoin
Cyprus-based businesses do a lot of trading with Eastern Europe, Africa and Asia, and businesses in these regions like to pay with Bitcoin. The recently...
Cyprus gains in Russia Double Tax Treaty agreement (Updated)
by Philippe Orphanides Cyprus and Russia have just agreed on an amendment of the double taxation treaty between the two countries, according to Cypriot Finance...
Cyprus-Russia Double-Tax talks see tough negotiations
by Philippe Orphanides “We will not change our position. We just hope that, placing the denunciation and our proposal on the scales, common sense will...
China’s economic recovery gains strength
Analysts say China’s industrial output is steadily returning to levels seen before the pandemic paralysed huge swathes of the economy, as pent-up demand, government stimulus...
Europe’s 3 Major Airlines lost €10.61bn in first half
Air France-KLM, Lufthansa, and IAG, the company that owns British Airways, Iberia, Vueling, Aer Lingus, together lost €10.61 billion in the first half of this...
Is now the time to invest in oil?
Investors in oil have not had a good year. Demand for oil has collapsed, partly from a lapse in overall demand due to the pandemic,...
Company beams hologram phone calls into your living room
Looking for a new way to communicate during the pandemic? A Los Angeles company has created phone booth-sized machines to beam live holograms into your...
Paphos hotels only 11% full; change needed – Hotel Association
In July, those Paphos hotels which were open were about 11 per cent full, according to the Paphos Hotel Association. In August, about 60 hotels...
Republican senators, Trump back $25 bln payroll aid for U.S. airlines
A group of Senate Republicans on Wednesday and President Donald Trump backed extending a $25 billion payroll assistance program for U.S. airlines, after warnings that carriers...
Lebanon explosion puts the country in desperate straits
The explosion that rocked Beirut on Tuesday evening will require vast resources for reconstruction – but Lebanon’s finances are already strained to the breaking point....
Cyprus arts suffer as performers cannot work
In Cyprus, the arts — dance, theatre music — are a key part of our culture. Yet the arts here are suffering due to pandemic-related...
Cyprus Double Tax Treaty negotiations with Russia confirmed for August
A Russian Embassy spokesperson has confirmed in an interview with the Cyprus Mail that the negotiations scheduled for August 10-11 regarding the Double Tax Treaty...
Russia has yet to confirm August Double-Tax Treaty negotiations
The Russian Federation has yet to confirm the statement made on Monday evening by the Cypriot Finance Ministry which said that negotiations between the two...
Bank of Cyprus sells off €916m in non-performing loans
The Bank of Cyprus (BOC) announced on Monday the sale of €916 million in non-performing loans to funds belonging to the Pacific Investment Management Company...
Haftar warns Erdogan out of Libya
With the control of vast oil resources at stake, Libyan National Army commander Gen. Khalifa Haftar warned Turkish President Recep Tayyip Erdogan on Sunday to...
Businesswoman: Why women must work twice as hard as men
“A woman working in Cyprus has to work twice as hard to get her message across,” warns Antigoni Marinou, founder of The Rokket Project which...
Cyprus-Russia tax treaty under discussion in August
There is one further discussion to be held between Russian and Cyprus negotiators in August, sources close to the negotiations told the Cyprus Mail on...
Cyprus Hotels will take 2-3 years to recover – Hotel Association
With hotels almost empty, recovery for the tourism industry is estimated to take about three years, the Cyprus Hotel Association said on Thursday. “The decreased...
