TECHNOLOGY TechIsland, Invest Cyprus team up to attract global tech investment Shemaine Bushnell Kyriakides In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector. READ MORE
Loans in banking system reach €51.1 billion Adjusting for currency fluctuations, total loans in February exhibited a net increase of €41.2 million Source: CNA 27/03/2018 | BUSINESS
Economic Sentiment Indicator decreased by 1.6 points in March Consumer confidence was driven by downward revisions in consumers’ expectations about their future financial conditions Newsroom 26/03/2018 | BUSINESS
It is pay your taxes time again Government putting final touches for online tax returns Newsroom 23/03/2018 | BUSINESS
Cypriot firm signs $4.2 billion Zimbabwe platinum deal Signing the agreement with Cyprus-based Karo Resources Mines Minister Winston Chitando said work would start in July Source: Reuters 23/03/2018 | BUSINESS
China urges US away from 'brink' of trade war The escalating tensions between Beijing and Washington sent shivers through financial markets Source: Reuters 23/03/2018 | BUSINESS
UK urged to prioritise travel in Brexit talks to create jobs Travel and tourism’s contribution to Britain’s gross domestic product grew by 6.2 percent in 2017 Source: Reuters 22/03/2018 | BUSINESS
Cyprus and UK sign new treaty for double taxation avoidance The previous agreement dated back to 1974 Newsroom / CNA 22/03/2018 | BUSINESS
Hedge funds show interest in Cyprus co-op Wilbur Ross’ investment group throws hat in the ring Newsroom // | BUSINESS
Zuckerberg apologises for Facebook mistakes He promised tougher steps to restrict developers’ access to user information Source: Reuters 22/03/2018 | BUSINESS
Limassol first to open casino Construction against the clock for temporary venue in summer 2018 Newsroom 21/03/2018 | BUSINESS
TECHNOLOGY
