The Cyprus forex industry is going through another round of soul-searching in response to recent investigations by Israeli authorities and the FBI into fraudulent trading methods. Already, the financial regulator and watchdog
For those interested in buying real estate through electronic auctions, we keep noting various scams which surface, with the result being the unsuspecting public or buyers being the victims. Initially, the auction
New FinTech players are entering the market, presenting end-users with compelling solutions. Innovation appears to be coming from outside the traditional banking sector, especially for mobile and internet payments. FinTech companies offer
The European Parliament opened Pandora’s box for Cyprus and its political system following the release of the now-famous Pandora’s Papers that exposed countries, politicians involved or connected to dirty money and the
The high level of Non-Performing Loans (NPLs) is a challenge that must be addressed to increase the economy’s resilience. In addition to the high level of NPLs, Cyprus also has a high
Cyprus is banking on the EU to throw it a €1.2 bln lifeline so it can exit the pandemic aftershocks with a rebuilt economy that harnesses the environment and digital technology. We
Cyprus in the 1960s was synonymous with ‘Makarios’. Then came the 1974 war and destruction, with the restructure of the tourist industry creating a new brand name in the 1980s, ‘Ayia Napa’.
Two months ago, we published our difference of opinion regarding the Limassol Municipality to undertake an extensive housing development project in collaboration with the Housing Development Organization. This is a dream that
The government has announced its new action plan for attracting foreign businesses to establish or expand their activities in Cyprus. The announcement came a year after the abolition of the previous investment
We don’t celebrate failure properly. Someone who has failed is someone who has tried, quite unlike those who sit on the sidelines and criticise. Failure has to do with encouraging and celebrating
