Cyprus Chamber of Commerce and Industry (CCCI) supports France in its request for Eurochambres to condemn Turkish calls to boycott French goods. “We want to join a request that Eurochambres should take
With COVID-19 transmission on an upward curve, economic sentiment deteriorated in October as business confidence weakened, a monthly indicator by University of Cyprus (UCY) economists shows. In October, economic sentiment in Cyprus
Attorney-General George Savvides has given reassurances that nothing will be swept under the carpet during investigations into corrupt procedures for granting Cyprus passports to foreign investors via the Citizenship for Investment Scheme.
By Sandra Nebritova This month, the Securities and Exchange Commission (CySEC) published a consultation paper on improving the facilitation of customer due diligence with innovative technologies. This opens a completely new chapter
Cyprus and the US are stepping up their cooperation in science and technology in areas of 5G security and FinTech for economic growth. A Memorandum was signed in Nicosia between Deputy Minister
The construction industry is on firmer foundations as building permits picked up in July following the fallout from coronavirus lockdown introduced to stem the spread of COVID-19. According to data by the
Cyprus has the EU’s lowest annual inflation rate at -1.9% behind Greece with -2.3% with energy, housing and transport costs falling. In September the Harmonized Index of Consumer Prices (HICP) decreased by 1.9%
The Cyprus government has initiated a fast-track process for company registrations as part of a package of measures to revive the economy after the controversial Citizenship for Investment Scheme was abolished amid
The fifth online Cyprus property auction conducted by BidX1 raised €3.3 mln worth of sales, for a total of €33.27 mln so far. The company said 100 bidders took part in the
Business groups have turned from defenders to critics of the controversial ‘citizenship by investment’ scheme abolished by the Anastasiades administration on Tuesday but are calling on the government to reinstate a stricter
