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Paphos has received more than €15 million in foreign investment
According to the Paphos Chamber of Commerce and Industry, foreign investments in the region have totaled more than €15 million. According...
Jan 26, 20232 min read


Greek exports rise 37% year on year, setting a new high
According to figures provided by the Hellenic Statistical Authority (ELSTAT) on Monday, Greek exports in all main industries established...
Jan 18, 20232 min read


Cyprus residential real estate costs are not anticipated to decrease any time soon.
The CEO of Ask WiRE, a Cyprus fintech company, Pavlos Loizou, indicated in an analysis examining the landscape of the domestic real...
Jan 12, 20234 min read


Greece Requires Pre-Departure COVID Test Requirement for Chinese Arrivals
Following an increase in the number of infection cases in China and suggestions from the European Union, Greece has decided to enforce a...
Jan 10, 20232 min read


Cyprus must confront the difficulties of the energy transition to prosper
In spite of being a necessary and ambitious goal, the energy transition, which primarily refers to the switch from fossil fuels to...
Jan 10, 20233 min read


Cyprus's real estate sector will confront tough obstacles in 2023
In 2022, a year marked by uncertainty and global instability, the Council for Registration of Real Estate Agents took important steps to...
Jan 3, 20233 min read


In 2022, Cyprus achieved its goal of becoming a business centre.
According to the most recent data from the Business Facilitation Unit (BFU), which is overseen by the Ministry of Energy, Commerce, and...
Dec 30, 20223 min read


Greece's tourism revenue reached €1.5 billion in October
According to the Greek Minister of Tourism, Vasilis Kikilias, tourism receipts in October 2018 reached €1.5 billion, outperforming...
Dec 29, 20222 min read


Cyprus will welcome the world's fourth largest shipping firm
John Fredriksen, a Cypriot naturalised billionaire, owns the company. Frontline, owned by Cypriot citizen John Fredriksen, has opted to...
Dec 29, 20221 min read


CYPRUS: Revenue from betting increased by 24% YoY in Q3 2022.
The gross betting revenue of class A and B receivers (land-based and online betting) increased by 24% year over year in the third quarter...
Dec 29, 20222 min read


The ECB revokes the RCB's banking license
On Thursday, the European Central Bank (ECB) announced that it had withdrawn Cyprus RCB Bank Ltd banking license. The choice was made...
Dec 27, 20221 min read


What the New Migration Changes in Germany Mean for Third-Country Citizens
The revisions to the law on the right of residence and asylum for third-country citizens who are already in Germany were approved by...
Dec 21, 20224 min read


The Central Bank has launched a new effort to assist fintech startups
The Central Bank of Cyprus (CBC) announced the establishment of a new Innovation Hub in the field of financial technology (fintech) on...
Dec 21, 20222 min read


Regional beverages titan moves to Cyprus
Kassatly Group Holding, a significant regional beverage business, announced plans to relocate to the island by the end of next year....
Dec 20, 20222 min read


JP Morgan completes its share purchase of Greece's Viva Wallet
The 48.5 percent acquisition of Greek fintech firm Viva Wallet by American banking behemoth JP Morgan has been completed following a...
Dec 19, 20221 min read


Hellenic Bank's upgrading by the agency and appreciation for its leaner design
This week, Capital Intelligence Ratings (CI Ratings) revealed that it had raised Hellenic Bank's (HB) Long-Term Foreign Currency Rating...
Dec 16, 20222 min read


Cyprus watchdog will continue suspending FTX's EU license.
According to a spokeswoman, the Cyprus Securities Regulator will meet next week to discuss whether to extend suspending FTX EU's license....
Dec 14, 20221 min read


Greece is on track to become Europe's second-largest producer of olive oil
According to a recent research report, Greece is on track to surpass Italy and become Europe's second-largest olive oil producer after...
Dec 12, 20222 min read


HackAdTech has opened its doors to IT professionals in Cyprus.
Teams created incredible solutions to improve living in Cyprus and the AdTech sector. We saw board ads in downtown Limassol a few months...
Dec 9, 20223 min read


New rewards package from the Greek government based on the energy reserve & refinery surplus profits
The revelations have coincided with the budget debate for 2023 The government conducts "paper exercises" for new benefits using "vehicle"...
Dec 8, 20223 min read
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