Gap left by Russian tourists unfilled

The loss of tourists from Russia due to sanctions for invading Ukraine has taken its toll on tourism-dependent businesses, including car rentals in popular resorts like Ayia Napa. Car rental associations sound

Cyprus reaches for the cloud with AWS

Modernisation of state infrastructure and speeding up the adoption of cloud services in Cyprus are the main aims of a Memorandum of Understanding signed with Amazon Web Services (AWS). Deputy Minister of Research,

Cyprus banks struggling to regain trust

Cyprus banks have been struggling to regain public trust since the 2013 financial crisis, according to the latest Stockwatch survey of some 600 households. News site Stockwatch’s latest survey, conducted three times

Family businesses must evolve

Family businesses must evolve to continue being the backbone of Cyprus’ economy, shake off the coronavirus pandemic and deal with the impact of the war in Ukraine. Family firms in Cyprus, accounting

Headquartering to mend Ukraine war wounds

Cyprus’ services sector is betting on tax incentives to attract talent and promote headquartering to counter the impacts of the war in Ukraine and sanctions on Russian funds and companies. Soon after

FinTech achieves sustainability

The continuous increase of investments that consider Environment, Society, and Governance factors (ESG) has greatly affected the Financial Services sector (Investment Financing & Funding). Recently, the World Economic Forum identified and clearly

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