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World Investor Week 2023: A Successful Global Initiative Promoting Financial Literacy
World Investor Week 2023 (WIW2023) has drawn to a successful close with extensive participation from numerous countries and...
Oct 19, 20232 min read


Cyprus Commits to Embrace Technology and Digitization in Governance
Cyprus is doubling down on its commitment to integrating technology and digitization into its governance and policy-making, underlining...
Oct 18, 20232 min read


Cyprus-Based CEO Yotam Werzansky-Orland Recognized Among World's Top IP Strategists
Yotam Werzansky-Orland, the CEO of KWO Strategy Ltd., based in Cyprus, has achieved recognition as one of the world's top 300 innovation...
Oct 16, 20232 min read


Alpha Bank Cyprus Announces Management Reorganization and Expansion
Alpha Bank Cyprus has recently undergone a reorganization of its management structure and expanded its executive committee, with the goal...
Oct 12, 20232 min read


IMF Projects Positive Fiscal Outlook for Cyprus, Anticipates Reduced Debt
The International Monetary Fund (IMF) has released a favorable fiscal outlook for Cyprus, predicting substantial primary surpluses and a...
Oct 12, 20232 min read


European Shipping at a Critical Juncture: Cyprus Union of Shipowners Addresses Challenges
Cyprus Union of Shipowners' President, Andreas Hadjiyiannis, recently discussed the challenges confronting European shipping during the...
Oct 11, 20232 min read


DP World Limassol Aims to Position Cyprus as a Hub for Oil and Gas Operations
DP World Limassol, the port management company overseeing Limassol port, is strategically positioning itself as a prime service centre...
Oct 10, 20232 min read


Cyprus: A Maritime Powerhouse Embraces Sustainability
In the vibrant waters of the Eastern Mediterranean, the Cypriot shipping industry has long been a maritime powerhouse, both historically...
Oct 6, 20233 min read


Cyprus has seen a notable improvement in its non-performing loans (NPLs) situation, with a decrease.
Cyprus has seen a notable improvement in its non-performing loans (NPLs) situation, with a decrease of €83 million reported at the end of...
Oct 5, 20232 min read


Cyprus Records 7% Annual Increase in Salaries
Recent data released by the Statistical Service reveals a noteworthy surge in earnings within Cyprus, with a nominal average increase of...
Oct 4, 20231 min read


OPAP Contests €24.5m Greek Fine for EU Competition Rule Breach
The fine stems from complaints filed by the Hellenic Cooperative of Professional Lotteries, accusing OPAP of unfairly implementing...
Oct 3, 20232 min read


Cyprus Returns to Investment Grade as Moody's Upgrades Credit Rating
Moody's, the rating agency, has elevated the credit rating of the Republic of Cyprus, marking the country's return to investment grade...
Oct 3, 20232 min read


Bank of Cyprus Wins Multiple Awards at World's Best Digital Banks Awards 2023
The Bank of Cyprus has announced that it has received five prestigious awards at the World's Best Digital Banks Awards 2023, hosted by...
Sep 28, 20232 min read


Rising Property Prices Raise Concerns in Cyprus Real Estate Market
The surging property prices in Cyprus in recent years, fueled by increased demand and escalating construction material costs, have raised...
Sep 25, 20232 min read


Cyprus Sees Inflation Rebound in August 2023 Driven by Food Prices
In August 2023, Cyprus witnessed a notable resurgence in inflation, largely attributed to a surge in food prices, marking the end of a...
Sep 21, 20232 min read


Cyprus Forecasts Robust Economic Growth for 2023 Despite Global Uncertainties
Cyprus is poised to maintain strong economic growth in 2023, even in the face of global uncertainties, according to an analysis by...
Sep 21, 20232 min read


TechIsland Hosts Workshop on Attracting Foreign Tech Companies in Cyprus
TechIsland, Cyprus's prominent tech business association, marked a significant achievement with the conclusion of the "Building Tech...
Sep 20, 20232 min read


Cyprus to Launch "Photovoltaics for All" Plan to Promote Solar Energy
Cyprus is set to introduce a new initiative called the "photovoltaics for all" plan in the coming two months, aimed at encouraging the...
Sep 19, 20231 min read


Supreme Court Releases Over 5.3 Billion Euros in Assets of Former Marfin Laiki Bank Directors
In a recent landmark decision dated September 13, 2023, the Supreme Court has ordered the release of assets totaling more than 5.3...
Sep 19, 20232 min read


Cyprus Golden Passport Scandal: Trial of Four Accused to Commence in October
The trial of four individuals accused of facilitating the acquisition of Cypriot Golden Passports for foreign nationals in exchange for...
Sep 19, 20232 min read
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