BANKS It is only a matter of time before Parliament begins discussing a new tax on banks, aimed at supporting social groups and borrowers in need. File photo Banks contributed €427 million to Cyprus in 2025 Panayiotis Rougalas The opposition is once again reopening the issue of additional taxation on banks in Cyprus, an issue which the previous Parliament had indeed opened but ultimately failed to pass. READ MORE
Fattal Group acquires Grand Resort Hotel Israeli hospitality conglomerate adds five-star Limassol hotel to growing collection in strategic move for island's tourism ... Newsroom / CNA 21/08/2023 | BUSINESS
Hotel bookings hit 95% in August, says PASYXE president Thanos Michaelides highlights strong August bookings, emerging markets, and future investments Source: CNA 21/08/2023 | BUSINESS
Investment fund assets surge by almost €1 billion in 2023 Central Bank data reveals sharp increase in investment funds' assets and numbers Source: CNA 17/08/2023 | BUSINESS
Cabinet to decide on flexible working in Cyprus public sector As the Council of Ministers contemplates flexible working, skepticism abounds about true change Newsroom / CNA 16/08/2023 | BUSINESS
Sweet success as Cyprus' ice cream exports trend upward Rising exports to non-EU markets alongside global ice cream insights Newsroom / CNA 15/08/2023 | BUSINESS
Loan denial sparks debate over EuroAsia electricity project Controversy arises as European Investment Bank's decision to withhold loan for EuroAsia electricity initiative raises questions ... Newsroom 14/08/2023 | BUSINESS
Outdoor work suspended amid heat wave Safety measures enforced by Labor Department Newsroom 14/08/2023 | BUSINESS
Alert issued amid spate of prepaid card scams Police investigate series of frauds involving PaySafe cards Source: CNA 11/08/2023 | BUSINESS
Startups get boost from new PRE-SEED program €119,999 available in funding and expertise Newsroom / CNA 11/08/2023 | BUSINESS
Is home really the best office? More evidence shows that fully remote work brings down productivity 11/08/2023 | BUSINESS
