market Archives - Page 3 of 4

Cyprus tourism eyes US market

Tourism Minister Savvas Perdios has revealed plans for breaking into the US market, with a visit to New York and Washington DC penned in for January. He told the Cyprus News Agency at

9th November 2022

Cyprus/Life & Society

Inflation, interest rates threaten real estate market

The soaring cost of living and higher interest rates are taking their toll on the construction industry, as building permits dropped in the first eight months of the year. According to data

7th November 2022

Cyprus/Property

Free energy market pushed back

The much-awaited liberalisation of Cyprus’ energy market has been slotted for mid-2023, as the government informed the House it is adding the final touches to the regulatory framework. The Transport Ministry told

11th October 2022

Energy

Demand for offices boosts property market

Cyprus’ real estate sector is proving remarkably resilient, shrugging off the effects of hiking inflation as demand for housing units and office space continues to grow. The property market is backed by

26th September 2022

Cyprus/Property

Open electricity market stifled

Liberalising Cyprus’ electricity market is hampered by authorities dragging their feet over an employment framework of the Transmission System Operator, according to MPs. Chair of the House Energy Committee and DISY MP,

21st September 2022

Energy

Market integrity top priority for CySEC

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

25th July 2022

Business/Comment

Cyprus property market – the haves and have nots

Where is the Cyprus property market heading? I have been asked this question countless times over the past three months, primarily by foreign investors who are trying to appreciate how the rise

15th July 2022

Comment/Property

Paphos, Limassol property market booming

Real estate agents in Limassol and Paphos are reporting the highest demand from foreign buyers and Cypriots for homes since 2020 when the government ended the disgraced citizenship for investment scheme. The

19th June 2022

Cyprus/Property

Russian sanctions impact real estate market

A journalist from Reuters called our office asking why Cyprus has no strong reaction to the EU sanctions proposed on Russians or Russian companies, banning the purchase of real estate in member

11th June 2022

Comment/Property

Sub-standard halloumi sold on market

Authorities are cheesed off with Halloumi makers as one in five packages of the island’s traditional cheese sold in supermarkets do not meet the required standards. Just over a year since Halloumi’s

17th May 2022

Cyprus