top of page
Search

Flexi Group
5 days ago2 min read
Binance Secures $2B Investment from Abu Dhabi's MGX in First Institutional Deal
Binance, the world's largest cryptocurrency exchange by trading volume, announced on Wednesday that Abu Dhabi-based investment firm MGX...
863 views
0 comments

Flexi Group
6 days ago2 min read
Cypriot Businesses Can Apply for €1 Million in RIF Funding for Innovation and Product Development
The Research and Innovation Foundation (RIF) announced on Wednesday that the application process is now open for two major funding...
295 views
0 comments

Flexi Group
7 days ago3 min read
CySEC Conducts 850 Audits and Imposes €2.76 Million in Fines in 2024
The Cyprus Securities and Exchange Commission (CySEC) presented its key regulatory activities and market oversight initiatives during a...
215 views
0 comments

Flexi Group
Mar 72 min read
Cyprus Economic Sectors Show Turnover Growth in 2024 Driven by Tourism and Technology
In 2024, the turnover of most economic sectors in Cyprus saw an increase, reflecting the broader economic growth of the country,...
616 views
0 comments

Flexi Group
Mar 62 min read
Cyprus Sees Significant Decline in New Loans Despite Interest Rate Cuts in January 2025
Despite a reduction in interest rates, the volume of new loans in Cyprus saw a notable decline in January 2025, according to data...
74 views
0 comments

Flexi Group
Mar 51 min read
Cyprus Reports 17% Increase in Tourism Revenue for December 2024
Tourism revenue in Cyprus experienced a notable year-on-year increase of 17 percent in December 2024, according to a report published on...
250 views
0 comments

Flexi Group
Feb 262 min read
Cyprus Property Market Shows Signs of Stabilisation in Q4 2024
The Cyprus property market exhibited stabilising trends in the fourth quarter of 2024, according to the latest RICS Cyprus Property Price...
309 views
0 comments

Flexi Group
Feb 251 min read
Cyprus Sees Rise in Non-Performing Exposures, Reaching €1.61 Billion in October
Non-performing exposures (NPEs) in Cyprus increased by approximately €16 million in October 2024, bringing the total to €1.61 billion,...
400 views
0 comments

Flexi Group
Feb 252 min read
Vietnam Moves to Tighten Policies Against Transfer Pricing and Tax Evasion
Vietnam’s Ministry of Finance has put forward proposals to reform foreign direct investment (FDI) policies in an effort to combat...
282 views
0 comments

Flexi Group
Feb 244 min read
Cyprus Set to Gain from Fast-Tracked Gas Development in Block 6, Says Professor
Natural gas extraction from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could begin within two to two and a half years, according to...
225 views
0 comments

Flexi Group
Feb 242 min read
UAE Introduces Blue Visa to Recognize Sustainability and Environmental Leaders
The United Arab Emirates has unveiled the Blue Visa, a new 10-year residency permit designed to honor individuals and organizations...
226 views
0 comments

Flexi Group
Feb 214 min read
Cyprus Underscores Role as Digital Hub at DCO Assembly, Organisation Outlines 2025-2028 Agenda
The Digital Cooperation Organisation (DCO) successfully concluded its fourth general assembly in Jordan, approving a comprehensive agenda...
1,178 views
0 comments

Flexi Group
Feb 213 min read
Asian Infrastructure Investment Bank Raises US$549 Million in Hong Kong Dollar Bond Sale
The Asian Infrastructure Investment Bank (AIIB) has successfully completed a public Hong Kong dollar-denominated bond issuance, raising...
1,255 views
0 comments

Flexi Group
Feb 204 min read
Bank of Cyprus Reports €508 Million Profit for 2024, Exceeding Financial Targets
The Bank of Cyprus announced its preliminary financial results for 2024 on Tuesday, revealing a profit after tax of €508 million. This...
488 views
0 comments

Flexi Group
Feb 184 min read
Russia Seizes Assets from Cyprus-Based Companies as Business Owners Face Pressure Over Dual Citizenship
The Russian government has officially transferred ownership of major Russian corporations from Cyprus to Russia, following a wave of...
178 views
0 comments

Flexi Group
Feb 142 min read
Cyprus Achieves 18% Investment Growth Since Pre-Pandemic, Reports EIB
The European Investment Bank (EIB) Group released its latest investment survey on Wednesday, highlighting significant growth and...
316 views
0 comments


Flexi Group
Feb 123 min read
Eurobank increases its ownership in Hellenic Bank to 93.47%, aiming for complete control.
Eurobank announced on Tuesday that it has successfully acquired an additional 37.5 percent stake in Hellenic Bank, increasing its total...
278 views
0 comments

Flexi Group
Feb 103 min read
Cypriot Banks Adjust Interest Rates Amid ECB Cuts, Anticipating Further Reductions
Banks in Cyprus have responded to the European Central Bank’s (ECB) monetary policy decisions by lowering key interest rates, with...
285 views
0 comments

Flexi Group
Feb 42 min read
Interest Rate Disparities Between Cyprus and Greece Persist Despite ECB Cuts
Interest rates on deposits and loans continue to show significant differences between Cyprus and Greece, with Cypriot banks generally...
295 views
0 comments

Flexi Group
Jan 301 min read
Cyprus Experiences €977.4 Million Surge in Deposits Amid Loan Growth
Cyprus recorded a significant rise in loans in December 2024, with an increase of €503.2 million, following a decline in the previous...
305 views
0 comments
bottom of page