January 15, 2019

Cyprus introduces Film Tax Scheme

Cyprus recently introduced a highly lucrative Film Scheme with the aim of providing tax incentives to film production companies. The tax incentives encourage international producers to choose Cyprus as their next film destination. A summary…
November 29, 2018

Cyprus population reaches 864.200

Nicosia - An increase of 1.2% was recorded in the population of the Republic of Cyprus in 2017, compared to 2016, reaching 864.200, according to data released on Wednesday by the Statistical Service of Cyprus.…

News Archive

October 19, 2018

Cobalt Air folds

Nicosia – Cyprus-based Cobalt Air, ceased all operations on Wednesday at midnight and entered into administration, after 2 years and 3 months of operations.… Click here to read more.
September 17, 2018

Cyprus’ credit ratings raised to investment grade

New York - Standard & Poor’s (S&P) has upgraded Cyprus’ credit ratings to investment grade, after calling them “junk” for more than six years.… Click here to read more.
September 06, 2018

International School on Indirect Taxation extends registration deadline

Brussels - The 19th International School on Indirect Taxation has extended its early bird registration deadline until the end of today. The School is… Click here to read more.
August 21, 2018

Greece exits EU bailout program

Athens - After eight years of turmoil and brutal austerity, Greece has finally emerged from its bailout program, yesterday. The European Union, European Central… Click here to read more.
August 03, 2018

Apple hits $1 trillion value

New York - Apple has become the world's first public company to be worth $ 1,000,000,000,000. The iPhone maker's market value reached the figure… Click here to read more.
July 30, 2018

Moody’s upgrades Cyprus’ ratings to Ba2 from Ba3

New York - Moody`s Investors Service, upgraded last week the government of Cyprus’ long-term issuer rating to Ba2 from Ba3. All senior unsecured bond… Click here to read more.