Cyprus is pleased with a “historic” deal among EU leaders clinching an unprecedented €1.8 tln budget plus COVID-19 Recovery Fund to fix coronavirus-throttled economies. After a fractious summit lasting almost five days,
Cyprus and Switzerland on Monday signed a protocol amending the Treaty for the avoidance of double taxation in a move both sides said will boost their trade ties while attracting investment. The
Loan payments suspended by banks to help 50,500 borrowers during the COVID-19 pandemic reached a gross value of €11.75 bln last month with the hospitality sector hardest hit, according to Cyprus Central
Despite a minor increase in expenditure in scientific research and experimental development, Cyprus is still third from bottom in the EU R&D league table, just above Malta and Romania. Total R &
iMER Medical Services, the Cypriot company that over 15 years has referred about 5,000 patients to specialist hospitals, mainly in Israel, is now embarking on new collaborations with hospitals in Europe. The
Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, announced Monday a highly anticipated new route to Larnaca starting on 3 October. Tickets are already on sale on
Appetite for app-based food delivery services has risen significantly in Cyprus while demand spiked during the coronavirus pandemic attracting new players like Bolt. Cyprus could not be left behind as the business
Cyprus credit card transactions in the second quarter increased by 23% annually as consumers turned to seamless payments in the aftermath of the coronavirus outbreak. Cypriots were advised to use contactless payments
Emirates SkyCargo will be operating scheduled cargo flights to 100 destinations across six continents this month, including Larnaca, Cyprus. Apart from Larnaca, the new cities added to the air cargo carrier’s network
The outlook for the global shipping sector for the coming 12 to 18 months remains negative, Moody’s Investors Service said in a new report, with the outlook remaining negative since the coronavirus
