Thousands of foreign firms eye Cyprus

Cyprus’ drive to attract foreign businesses has brought impressive results, with nearly 8,000 applications received in the past two years, said Interior Minister Nicos Nouris. The Minister at VIII Best Legal Conference

Big tech boom not over yet

While Cyprus is experiencing a tech boom with the relocation of companies in recent years, stakeholders appear confident the island will see more arrivals after parliament approved a government incentive package. Earlier

Pandemic forces Cypriot firms to go digital

As people spend more time working from home, using their mobile phones and social media for entertainment and information, more Cypriot businesses turn to digital platforms to market products and services. A

List of high tech firms grows

Courting Big Tech and Fintech firms is paying off; as more companies pack their bags to set up shop in Cyprus, Eurisko Mobility, active in digital transformation, announced plans to relocate. Eurisko

160 firms go bust every month

Since 2012 around 1,900 companies a year have opted to go bankrupt in the past decade; that’s an average of around 160 a month going out of business. Already 1,669 firms have