Cost of Cyprus stalemate constantly increasing, says World Bank
The cost of a Cyprus stalemate increases with each failed rounds of negotiations because foregone benefits are unlikely to be restored at the time of...
investment
Cyprus seeking EIB funding for LNG plant and research projects (Updated)
A series of projects the government intends to launch, and for which it is seeking support from the European Investment Bank (EIB), were discussed on...
Private, public development proof of economic impetus
President Nicos Anastasiades said that multi-billion private developments and expenditure on public utilities, also amounting to several billion euros, are proof of the economy’s dynamic...
Investment Opportunities for the Retail Investor
By Dr George Theocharides As most of us are aware, a major trend that has appeared in global markets in recent times is the establishment...
Our View: New law could pave the way for improved government service
The government law that would cut the red tape and speed up the procedures for what are defined as ‘strategic investments’ is commendable, but whether...
From ‘one more stop’ to ‘one-stop-shop’, investment procedures upgraded
Interior Minister Constantinos Petrides on Friday presented a new bill relating to big investments which aims to cut red tape, make licensing easier and tackle...
Focus on promoting Cyprus in Russia and Asia
President Nicos Anastasiades and business groups discussed on Wednesday the prospects of investment promotion in Cyprus in Asia and Russia. After the meeting with the...
Securities watchdog warns risk of bogus investment opportunities is high
The Cyprus Securities and Exchange Commission (CySec) on Wednesday warned investors and the public about various risks that could arise during the current period due...
Cyprus mulls hiking corporate tax rate to 15 per cent
Finance ministry sources on Tuesday confirmed reports that the government is considering raising the corporate tax rate from 12.5 per cent currently to 15 per...
MP asks how Nicosia prime real estate lost 95 per cent of its value
Akel MP Irini Charalambides has written to the interior minister wanting to know why a piece of prime-location land in Nicosia has lost over 95...
Economy entering ‘new promising period’ says Georgiades
The island’s economy has entered a new, promising period and the hardship suffered in previous years is history, Finance Minister Harris Georgiades said on Friday,...
Parliament approves national investment fund (Updated)
Parliament on Friday approved a bill establishing a national investment fund, to manage future revenues from hydrocarbons. Parties eventually agreed to disconnect gas revenues from...
Naturalisation accounts for almost half of foreign investment
Foreign direct investment (FDI) into Cyprus from 2014 to 2017 came to approximately €9.2bn, of which €4.8bn derived from the various naturalisation schemes, the commerce...
Continuous great success of Leptos Estates in Europe the Middle East and Far East
Success continues in the months of September and October with the presence of Leptos Estates at International seminars and Exhibitions on Real Estate and Investment...
Cyprus ‘an important US partner’ in the Eastern Mediterranean
The US sees Cyprus as an important partner in its wider region and was working to build a stronger political relationship with the country, Deputy...
President touts Cyprus’ comparative advantages to prospective investors in New York
The comparative advantages of Cyprus as a business and investment destination were presented on Friday evening by President Nicos Anastasiades during the business forum “Invest...
Anastasiades woos UK investors with eye on Brexit
By Jean Christou Cyprus is “determined and committed” to working with the UK government to forge even stronger ties with Britain given that EU-Brexit negotiations...
Anastasiades to promote Cyprus as investment destination on London visit
President Nicos Anastasiades was travelling to London on Thursday evening to promote Cyprus as an investment destination. He was leaving for the UK from Salzburg...
Golden visa supervisor to start accepting applications from providers
The ministry of finance said Friday that a committee for the supervision and control of the government’s citizenship-by-investment programme will start accepting applications from providers...
Uncertainty impedes investment in Cyprus, conference hears
Uncertainty, energy costs, regulation, skills, and access to finance are the major impediments for future investments in Cyprus according to a European Investment Bank (EIB)...
