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Hellenic Bank promises to help the Cypriot maritime industry
Hellenic Bank issued a statement on Thursday emphasising its support for the shipping industry and its personnel, which is shown in its...
Flexi Group
Apr 28, 20232 min read
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Property prices and rental rates in Cyprus have risen yet again
Ask Wire, a Cypriot real estate and technology business, presented the latest iteration of its property market index on Wednesday,...
Flexi Group
Apr 27, 20232 min read
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Cyprus finance minister announces the preparation of an updated Companies' Law
The finance ministry on Tuesday issued a tender with an estimated value of €2 million for the creation of updated legislation and rules...
Flexi Group
Apr 20, 20231 min read
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Cypriot company's assistance to the "Orthodox oligarch"
According to sources, an oligarch who is charged with funding pro-Russian separatists in eastern Ukraine continued to move millions of...
Flexi Group
Apr 19, 20235 min read
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Marios Tannousis to serve as the new CEO of Invest Cyprus
The national organization Invest Cyprus announced on Thursday that Marios Tannousis has been chosen to serve as its new CEO. The release...
Flexi Group
Apr 19, 20231 min read
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UK investors are leading the charge as offers for Cyprus' ESG bond come in
The Public Debt Management Office of the Finance Ministry said on Thursday that the Republic of Cyprus' recently issued ten-year...
Flexi Group
Apr 7, 20232 min read
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Cyprus regulator aids FTX investors
On Monday, the Cyprus Securities and Exchange Commission responded to failing cryptocurrency exchange FTX EU (Cyprus) by stating that it...
Flexi Group
Apr 4, 20231 min read
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Cyprus investment industry stable, assets €9.5 billion
The Cyprus Securities and Exchange Commission (CySEC) released its fourth-quarter 2022 quarterly report this week, highlighting the...
Flexi Group
Apr 3, 20232 min read
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Beginning May 1, Greece will double its minimum investment amount for Golden Visas
Greece's decision to raise the minimum amount of investment for the Golden Visa Program will take effect on May 1 of this year. This...
Flexi Group
Mar 30, 20232 min read
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Cyprus consul talks with Bahraini ministers to strengthen cooperation in the energy and tourism
According to a Friday notice, Cyprus Consul Christos Poullaides met with Bahraini Ministers to discuss bilateral cooperation in the...
Flexi Group
Mar 27, 20231 min read
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Cyprus pitches its case for investment to Middle Eastern corporations
The national investment promotion agency, Invest Cyprus, announced on Wednesday that it recently hosted two successful events in Amman...
Flexi Group
Mar 23, 20232 min read
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After reports of abuse, Cyprus discontinues its online appointment platform
After accusations that agents were buying up appointment times and selling them individually for €200, Cyprus authorities shut down an...
Flexi Group
Mar 22, 20232 min read
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In January of 2023, Cyprus' trade deficit reached a record high of €1.39 billion
According to preliminary data from the Cyprus Statistical Service (Cystat), Cyprus's trade deficit widened significantly in January 2023,...
Flexi Group
Mar 15, 20232 min read
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Cyprus has the potential to become a global tourism and entertainment destination
Melco Cyprus is fully aware of the role it can play in assisting the development of the island's tourism industry and will ensure that...
Flexi Group
Mar 7, 20232 min read
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In January, deposits and loans in the Cypriot banking system dropped
According to a study released this week by the Central Bank of Cyprus, deposits and loans in Cyprus fell net in January 2023. (CBC)....
Flexi Group
Mar 6, 20231 min read
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Cyprus is one of the top 10 retirement destinations in the world
According to a research released on Wednesday by one of the UK's major life insurance brokers, Reassured, Cyprus is among the top ten...
Flexi Group
Mar 3, 20232 min read
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EU extends deadline for amending property taxation
On Monday, lawmakers revisited the issue of decreased VAT on properties, with some attempting to instill a feeling of urgency as the...
Flexi Group
Feb 23, 20233 min read
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An Israeli sports technology firm has expanded to Cyprus
The choice of i-BrainTech is considered as a statement of confidence in Cyprus. The Israeli sports technology business i-BrainTech, a...
Flexi Group
Feb 15, 20232 min read
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Frequently Asked Questions on the Transfer Pricing Documentation Rules published
On 10 February 2023, the Cyprus Tax Department (CTD) added a new section to its website titled "Frequently Asked Questions" (FAQs)...
Flexi Group
Feb 14, 20233 min read
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Cyprus's economy is anticipated to slow down in the face of tough external conditions
According to the European Commission's preliminary winter economic forecasts for 2023, delivered by Economy Commissioner Paolo Gentiloni...
Flexi Group
Feb 14, 20234 min read
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