The Central Bank of Cyprus (CBC), professional regulatory bodies and business stakeholders agreed on ten steps to reduce bureaucratic banking procedures to help the economy tick. Procedures such as Know-Your Client (KYC)
Deloitte has just launched its Technology Fast 50 Program in Cyprus, the United Arab Emirates, Saudi Arabia, Qatar, and Bahrain. The program is a competition for fast-growing companies in both established and
Cyprus reported one coronavirus death on Monday, a small drop in hospitalisations to 139 and an increase in new cases to 223, which, combined with more than 74,000 tests pushed the infection
Implementing the EU-backed €1.2 bln Recovery and Resilience plan successfully is important for public finances while boosting the island’s growth prospects, said Finance Minister Constantinos Petrides. Speaking before the House Finance Committee
Cyprus and Egypt have agreed to establish a Joint Maritime Committee after the first Intergovernmental meeting between the two countries in Cairo. The move was decided by Cypriot Shipping Minister Vassilios Demetriades
Building permits issued in the first half of 2021 marked a significant recovery from Covid-hit 2020 while exceeding the pre-pandemic activity of 2019, according to data released by the Cyprus Statistical Service.
Annual residential property sales have jumped 31% in the first eight months of 2021; however, real estate sector stakeholders say the industry must come to terms with the scrapped Citizenship for Investment
El Salvador makes history on Tuesday when it becomes the first country in the world to adopt Bitcoin as official legal tender, parallel to the U.S. dollar, and other nations will soon
Over 40,000 secondary education students return to school on Tuesday under strict COVID-19 protocols, with the need for a Safe Pass to attend for teachers as well. A Safe Pass is acquired
One country, Saudi Arabia, made it to Cyprus’ COVID-19 safest green travel category, but three more countries dropped into the high-risk red zone under the latest risk assessment. Saudi Arabia was the
