Since last year when the new directors of CySEC took office, there has been no pause from foreign and domestic entities to receive a licence to offer financial services through Cyprus’ jurisdiction
Invest Cyprus, the state authority for attracting foreign investment, has awarded seven international companies for their vote of confidence in the Cypriot economy. The seven firms awarded at the 10th Invest Cyprus
Supermarkets expect no goods shortages as the Ukraine war has not created dents in Cyprus’ supply chain, while competition is keeping prices in check. The executive secretary of the Pancyprian Supermarkets Association,
At Thursday’s “Stelios Bi-Communal Awards for Business Co-operation 2022”, Sir Stelios Haji-Ioannou awarded 10 bi-communal teams, 10 Greek Cypriot and 10 Turkish Cypriot business people, with the cash prize of €10,000. Participation
Cyprus’ oldest dairy producer, Charalambides Christis, has quietly taken over the local dairy products market while diversifying its brand. With a €129 mln turnover in 2021 and 3,200 local clients, Charalambides Christis
Cyprus business seems to have discounted a doom-and-gloom fallout from the war in Ukraine, with economic sentiment for April improving by 2.8 points but still below the level before Russia’s invasion. The
The government will inject €40 mln into revamping Nicosia’s old town within the walls, with schemes to upgrade residents’ quality of life and attract new businesses. Presenting the Action Plan for the
A country’s diplomatic mission abroad functions as a mirror of back home. In the business world, embassies should promote the interests of the country they represent, keeping an eye on opportunities. It
Seven out of ten businesses in Cyprus said their turnover took a hit from the coronavirus pandemic in 2021 while blaming the government for ‘not doing enough’ to guide them through the
Business confidence has reached near pre-Covid levels, boosted by services, construction and the manufacturing sectors, according to a leading economic sentiment benchmark, with the monthly survey suggesting uncertainty exists. The December Economic
