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Cyprus Companies Suspected in Supplying Military Gear to Russia Face US Sanctions
Cyprus has found itself entangled in a network allegedly orchestrated by Belgian businessman Hans De Geetere, accused of supplying...
Dec 6, 20234 min read


Navigating Generational Dynamics and Tech Literacy in Cyprus's Evolving Workforce
Within Cyprus's dynamic workforce of 2023, the interplay of generational complexities offers both challenges and opportunities....
Dec 4, 20233 min read


Greece Alters Digital Nomad Visa Process, Restricts In-Country Applications
Greece has announced a change in its Digital Nomad Visa application process, effective January 1, 2024. The new policy no longer allows...
Dec 4, 20231 min read


CySEC and University of Cyprus Collaborate for Financial Literacy: Insights, Initiatives, and Impact
The collaboration between the Cyprus Securities and Exchange Commission (CySEC) and the University of Cyprus's Faculty of Economics and...
Dec 4, 20232 min read


Nicosia District Real Estate Flourishes: Comprehensive Analysis Reveals Strong Q3 Performance
During the third quarter of 2023, the Nicosia district in Cyprus experienced a vibrant real estate market, with residential sales...
Dec 1, 20232 min read


Cyprus Economic Climate Witnesses Positive Shift in November: CypERC Study
In a recent study conducted by the University of Cyprus’ Economic Research Centre (CypERC) in collaboration with RAI Consultants Ltd., it...
Nov 30, 20232 min read


Cyprus Unveils Ambitious Sponsorship Programs to Propel Green Energy Innovation
The Research and Innovation Foundation (RIF) in Cyprus has unveiled two comprehensive sponsorship programs aimed at invigorating the...
Nov 29, 20232 min read


Cyprus and Chevron Optimistic About Aphrodite Gas Field Plan, Extraction Expected by 2027-2028
In a significant development, Energy Minister George Papanastasiou has expressed high optimism about the ongoing discussions between the...
Nov 28, 20233 min read


Cyprus as a Regional Cybersecurity Nexus: Hosting Key Conference to Strengthen Global Defenses
In a strategic move to become a vital link between the Middle East and Europe in the realm of cybersecurity, Cyprus is set to host the...
Nov 27, 20232 min read


Cyprus's Credit Rating Upgraded by Scope Ratings
German rating agency Scope Ratings has upgraded the Republic of Cyprus's long-term rating from BBB to BBB+ with a stable outlook,...
Nov 23, 20232 min read


Hellenic Bank Records Robust 9-Month Profits of €240.7 Million, Bolstered by Strategic Measures
Hellenic Bank has announced impressive financial results for the first nine months of 2023, revealing an after-tax profit of €240.7...
Nov 22, 20232 min read


Cyprus Economic Indicator Growth Moderates in October 2023 Amid Geopolitical Strain
Cyprus' economic outlook, as measured by the Composite Leading Economic Index (CLEI), displayed resilience in October 2023 with a 1.5%...
Nov 22, 20231 min read


Cyprus Real Estate Council Cracks Down on Illicit Practices and Urges Sector Efficiency
The Cyprus Council for Registration of Real Estate Agents has recently taken a bold and uncompromising stance against any collaboration...
Nov 21, 20234 min read


Cyprus Investment Organizations Experience Asset Fluctuations Despite Numerical Surge in Q3 2023
The third quarter of 2023 witnessed a notable increase in the number of investment organizations in Cyprus, surging by 4.6%, as reported...
Nov 20, 20231 min read


Cyprus Reports 2.5% Economic Growth in Q3 2023
The Cypriot economy demonstrated a growth rate of 2.5% in the third quarter of 2023 compared to the same period in the previous year....
Nov 16, 20231 min read


Cyprus Woos Tech and Innovation: Minister Highlights Strategic Advantages and Growth in UK Trade
In London on Tuesday, Cyprus' Minister of Energy, Commerce, and Industry, George Papanastasiou, positioned the Mediterranean nation as an...
Nov 15, 20231 min read


Greece to Sell 20% Stake in National Bank Amid Banking Sector Overhaul
Greece has unveiled its plans to divest from the country's banking sector, announcing the sale of a 20% stake in the National Bank of...
Nov 14, 20232 min read


Bank of Cyprus: Robust Q3 2023 Profits and Upgraded Credit Rating
Bank of Cyprus has announced robust financial results for the nine months ending September 30, 2023, with an after-tax profit of €349...
Nov 14, 20232 min read


Cyprus Calls for Business Ideas Aligned with Vision 2035, Emphasizes Sustainable Development
Invest Cyprus President Evgenios Evgeniou has called on the Cypriot business community to contribute ideas in line with the priorities of...
Nov 10, 20231 min read


Comprehensive Measures Proposed by Cyprus Council to Tackle Affordable Housing Crisis
The Cyprus Economy and Competitiveness Council (Soak) has presented a robust set of measures and recommendations aimed at addressing the...
Nov 9, 20232 min read
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