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
Europe rushes to stock up on Russian diesel before ban starts The European Union will ban Russian oil product imports, on which it relies heavily for its diesel, by Feb. 5. Source: Reuters 21/11/2022 | BUSINESS
Ryanair adds five new destinations and a fourth aircraft to its fleet in Cyprus For the summer of 2023, the airline will operate twice-weekly flights from Paphos to Athens, Bordeaux, Naples, Poznan, and ... 21/11/2022 | BUSINESS
World Cup 2022: Solution found for the beer ban in Qatar The winning country will receive beers from Budweiser, which is also a World Cup sponsor Kathimerini Greece Newsroom 21/11/2022 | BUSINESS
Anastasiades: Reduction of tender offers 'not due to lack of trust' Projects are being pushed forward despite various delays, says Anastasiades 18/11/2022 | BUSINESS
'The suspension of foreclosure sales is tragic for the country' Bank of Cyprus' CEO, Panico Nicolaou, explained that as a bank, we are willing and obligated to assist borrowers in need Panayiotis Rougalas 18/11/2022 | BUSINESS
BOC: Profits for first nine months gobbled up by Voluntary Retirement Plan The Voluntary Retirement Plan, implemented this past summer, resulted in the departure of 550 employees 18/11/2022 | BUSINESS
Spend the night in a giant flower pot, or even a nuclear missile bunker AirBnB Funds the Most Unique Accommodations 17/11/2022 | BUSINESS
Amazon announces immediate layoffs of 10,000 workers The company is reducing its workforce by 3% as consumers cut back on purchases 16/11/2022 | BUSINESS
Who benefits from the proposed rent-to-mortgage scheme? The plan will be implemented beginning January 2023 Panayiotis Rougalas 16/11/2022 | BUSINESS
