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 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 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
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
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
The Cabinet on Tuesday approved a bill offering tax incentives to attract talent and promote headquartering in Cyprus. It’s in line with the Strategy for Attracting Businesses for Activities or/and Expansion of
The introduction of a national minimum wage will make lives better for 9% of the island’s workforce, as it will function as a shield for employees against exploitation, said Labour Minister Zeta
Bank employees union ETYK called its members to approve a general strike in protest against Hellenic Bank’s intention to lay off up to 350 staff. Calling its members to vote in two
Cyprus and the EU are expediting the process to transform the state-owned Asset Management Company (KEDIPES) into a nationwide AMG to launch a mortgage-to-rent scheme. The scheme will cover non-performing loans collateralised
The rate of non-performing loans in the Cyprus banking sector increased to 11.7% of total loans in January from 11.1% at the end of 2021, data released by the Central Bank of Cyprus on
