ECONOMY The registration process for the Register of Foreign Interest Companies, which is managed by the Business Facilitation Unit, is being completely modernized. Photo credit: Unsplash Cyprus picks up investment momentum Dorita Yiannakou Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built. READ MORE
Marinas of the future with antiquated regulations The legal framework for the operation of marinas has not been updated since 1977; a new discussion on the subject will begin ... Maria Eracleous 23/03/2023 | BUSINESS
Sir Stelios awards 10 bi-communal teams once again Since 2009, awards granted by the Stelios Foundation for the 10 best business proposals of bi-communal teams now totals ... Source: CNA 23/03/2023 | BUSINESS
High prices continue to plague the market In three years, the cost of living has skyrocketed, while the prices of goods and services continue to remain high Maria Eracleous 22/03/2023 | BUSINESS
Bank stores bags of stone instead of $1.3 million worth of nickel It appears that JPMorgan Chase is the unlucky owner of those bags (of stone), the Wall Street Journal said 21/03/2023 | BUSINESS
EU states need foreign workers and are changing their requirements What third country nationals need to know when planning to work in any EU state 21/03/2023 | BUSINESS
BBC staff urged to delete TikTok app The media company becomes the first in the UK to warn staff to delete the Chinese-owned app from work phones Source: AFP 21/03/2023 | BUSINESS
Construction materials up by 10.73% in February 2023 The largest increase was recorded in minerals which went up 26.23% Source: CNA 21/03/2023 | BUSINESS
Michael Kyprianou Advocates – Legal Consultants announces opening of office in Tel Aviv 21/03/2023 | BUSINESS
Majority of goods transported by sea in Cyprus and the EU in 2021 Maritime shipping dominated in Cyprus accounting for 97.8% in 2021 Source: CNA 17/03/2023 | BUSINESS
ECB raises interest rates again by .5 percentage points Europe's Central Bank is continuing the same tactics to tackle inflation 16/03/2023 | BUSINESS
