ENERGY ExxonMobil and Qatar Energy to drill two new wells in Cyprus' offshore gas fields Newsroom ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. READ MORE
Cyprus to impose minimum 15% tax on multinational corporations The move comes after EU member states reached an agreement on the minimum taxation component at the EU level Source: CNA 19/12/2022 | BUSINESS
What did Cypriot consumers purchase in 2022? High hotel and airline turnover during the holidays, but a discernible decline in fast food and kiosk sales Maria Eracleous 19/12/2022 | BUSINESS
Cyprus Airways flights up 406% in November compared to last year The airline operated a total of 239 flights, 406% increase over Nov ’21, and carried a total of 29,820 passengers, a1260% ... Source: CNA 19/12/2022 | BUSINESS
Calculating tax revenue for the passport program is challenging There are various types of taxes involved, and depending on the type, the applicant or another person may be responsible ... Panayiotis Rougalas 16/12/2022 | BUSINESS
ECB raises interest rates by 0.5% The ECB has now increased interest rates at each of its past four meetings by a total of 2.5 percentage points 15/12/2022 | BUSINESS
Wolt responds to their delivery personnel strike The issue of the company's controversial operational framework will be revisited and debated by Parliamentary again in 2023 ... Maria Eracleous 15/12/2022 | BUSINESS
Unemployment rises to 6.8% in third quarter of 2022 The number of unemployed persons amounted to 32,868 in Q3 of 2022, compared with 31,355 persons in Q3 of 2021. Source: CNA 15/12/2022 | BUSINESS
Over 800 civil weddings performed in Pegeia this year An increase of 25% over the previous year Source: CNA 15/12/2022 | BUSINESS
KEDIPES disburses another €80 million to the state This is the fourth cash payment for the year 2022 which has totaled €310 million this year Source: CNA 15/12/2022 | BUSINESS
Aretaeio Hospital has been purchased by Hellenic Healthcare Group Hellenic Healthcare Group announced today that it has completed its acquisition of Aretaeio Hospital 14/12/2022 | BUSINESS
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