#investment

By Nicoletta Kouroushi Cyprus continues to constitute a reliable and competitive investment destination within the European Union, offering a developed legal framework, modern business infrastructure and a strategic geographical location. ...

Syria signed investment contracts worth $1.5 billion to support tourism in Syria, said the state news agency citing tourism minister Mazen al-Salhani on Thursday. Al-Salhani said the total value of the ...

President Nikos Christodoulides said on Wednesday that Cyprus is determined to build a modern, stable economy, telling foreign investors that reforms under way will make Cyprus more competitive and credible ...

Cyprus and India are set to strengthen their economic partnership, with high-level talks focusing on boosting tourism, hotel investments, and infrastructure development. The discussions took place on Tuesday between India’...

Cyprus President Nikos Christodoulides is leading a high-level delegation to the United States on Wednesday, aiming to attract investment in shipping, technology and energy. The visit includes stops in New ...

In small economies such as ours, investment opportunities are limited, especially those which can produce reasonable returns in relation to the risk involved. Due to the introduction of the national ...

In order to obtain a permanent residence visa one needs to purchase a housing unit with a minimum value of €300,000. However, I have been informed that, in some cases, real ...

The government aims to further support the growth of the financial services sector by bolstering the relevant regulatory framework, by strengthening supervision and by ensuring effective enforcement, President Nikos Christodoulides ...

The national health system, introduced approximately four years ago, is costing the Republic of Cyprus and its people several billion a year. The compensation paid to doctors and other participants ...

In times of crisis, identifying and taking advantage of opportunities is crucial for economic growth, the president of the Cyprus Investment Funds Association (CIFA), Andreas Yiasemides, said on Thursday. Yiasemides ...

The inflation rate in Cyprus is declining, but is still high [at 6.7 per cent in February 2023]. Interest rates are very low, 1.29 per cent for household deposits and 1.27 per cent for ...

The Cyprus Securities and Exchange Commission (CySEC) this week released its quarterly report for the fourth quarter of 2022, which highlights the current state of the collective investments sector in Cyprus. ...

Cyprus and Saudi Arabia have signed a framework cooperation programme (FCP), taking a new step in promoting investments between the two countries in areas of mutual concern. The FCP was ...

Organised retirement communities have long been established in America and then in Europe. We are seeing a trend in construction of such complexes, such as in Spain, which should be ...

The Paphos Chamber of Commerce and Industry (Evep) on Wednesday said that foreign investments in the district have exceeded €15 million in total. According to statements made by chamber secretary and ...

Greece’s Eurobank has doubled its shareholding in Hellenic Bank it was announced on Thursday. It acquired 12.6 per cent of Hellenic in 2021 adding another 13.5 per cent of the shares this ...

The agriculture and environment ministry announced on Friday the submission of a bill aiming to push through a ‘fast track’ licensing mechanism for investment. “The operation of the proposed mechanism ...

Lawmakers on Thursday voiced reservations over a government bill that aims to fast-track so-called ‘strategic developments’, pointing out that the legislation itself omits to spell out which investments are deemed ...

The taxpayer pays for provident fund gambling Notwithstanding my 42 years operating in the real estate market of this country, I’m still learning from the wrongdoings and sick mentality that ...

The government on Friday presented its new strategy for attracting businesses to Cyprus with emphasis, among others, on high technology, shipping, innovation, and research and development, in a bid to ...

There are the parameters nowadays, which could make it the right time for the creation of small scale real estate investment funds in Cyprus. Our opinion is based on the ...

The government aims to help the economic sectors stricken by the pandemic but also to invest in alternative areas with emphasis on the relocation of companies to Cyprus, research and ...