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
Lidl Cyprus proceeds with raises and benefits amounting up to €900,000 for its 700 employees It proves in practice, once again, its dedication and continuous investment in its people. 17/02/2023 | BUSINESS
Companies laying off employees to hire new ones at lower salaries Recruiters say companies are doing this to win back the power they had before the pandemic 14/02/2023 | BUSINESS
Yachts & Co is the new dealer in Cyprus for Feretti Yachts, Riva, Pershing and Itama 10/02/2023 | BUSINESS
Lidl Cyprus is constantly reducing its energy footprint and contributes to the protection of the environment on a daily basis 09/02/2023 | BUSINESS
Marina Association 'surprised' by statement on Paphos marina After the Cabinet meeting, the deputy minister of tourism declared that the Paphos Marina project is on schedule to be ... 08/02/2023 | BUSINESS
Cabinet approves subsidies to fund digital business upgrades Subsidies in the amount of 10 million euros will be available for the digital upgrade of SMEs 08/02/2023 | BUSINESS
Rate of NPL's unchanged in November 2022 The NPL rate to total loans is at 10.5%, of which the loans amounted to €2.68 billion Source: CNA 06/02/2023 | BUSINESS
