Cyprus had six billionaires last year, one less than in 2017, but their combined wealth rose from $17.6 bln to 19.9 bln, beating the worldwide trend, according to the latest UBS and
The collapse of British air and tour operator Thomas Cook sent alarm bells in the tourism industry in Cyprus and Greece, with Cypriot hoteliers facing a €50 mln shortfall due to the
Revenue from Cyprus tourism edged up 0.8% in August reaching €431.6 mln on the same month last year, in the first increase since April. For the 8 months to August 2019 income
By Lukman Otunuga, Senior Research Analyst at FXTM Caution is set to dominate financial markets on Tuesday as investors juggle with trade uncertainty and tensions in Hong Kong. The general tone of
Cyprus MPs are joining forces to challenge banks over increased charges they deem to be “merely punishing consumers who do not have the skills or the means to carry out their transactions
Significant progress achieved in the Cyprus investment funds industry was highlighted at an International Funds Summit in Nicosia with 580 participants. “Cyprus has not only been able to make an entry to
Four women who have excelled in the areas of business, culture, the environment and community service were the winners of the 13th "Kivotos Golden Lady of the Year Award". It was
By Hussein Sayed, Chief Market Strategist at FXTM The closing of US equities at record highs on Friday did not seem to influence the market’s direction in Asia on Monday morning. Hong
RCB Bank and American Express have launched two partnership agreements that will enable the bank to provide merchant recruitment and payment processing in Cyprus on behalf of Amex. “We are pleased to
After the government’s decision to revoke 26 passports given to investors who failed the tighter criteria test, real estate stakeholders are uneasy as they feel the Citizenship for Investment scheme is at
