More Cypriots want to send their names to Mars

More Cypriots want to send their names to Mars

Around 600 people from Cyprus have so far registered to send their names to Mars with NASA`s Mars 2020 rover. NASA invited the public from all over the world to submit their names to fly aboard the next Mars mission. A press release by NASA says that although it will be years before the first humans set foot on Mars, NASA is giving the public an opportunity to send their name...
Local Thursday, 23 May, 2019
DBRS: Cyprus Faces Significant Credit Challenges

DBRS: Cyprus Faces Significant Credit Challenges

DBRS rating agency says that Cyprus faces significant credit challenges related to still sizable non-performing exposures (NPEs) in the banking sector, high levels of private and public sector debt, external imbalances, and the small size of its service-driven economy, which exposes Cyprus to adverse changes in external demand. In a media statement issued Monday, following the...
Local Wednesday, 22 May, 2019
New York’s Famed Wolfgang’s Steakhouse Soon to Open its Doors in Limassol

New York’s Famed Wolfgang’s Steakhouse Soon to Open its Doors in Limassol

The very first Wolfgang’s Steakhouse by Wolfgang Zwiener in Europe is set to welcome diners into a striking eatery on the main Limassol seafront road this June, delighting gastronomes and red meat connoisseurs in Cyprus’ buzzing cosmopolitan hub with the finest quality USDA Prime Black Angus beef. The renowned classic American steakhouse, and highly regarded celebr...
Local Tuesday, 21 May, 2019
EY Cyprus Recognised as National Tax Firm and National Transfer Pricing Firm of the Year

EY Cyprus Recognised as National Tax Firm and National Transfer Pricing Firm of the Year

EY Cyprus was named Cyprus Tax Firm of the Year for the second consecutive year and Cyprus Transfer Pricing Firm of the Year by ITR in recognition of the high quality tax services offered. The ITR European Tax Awards take place annually aiming to recognise distinguished tax service providers across Europe. The awards were presented at a gala dinner in London, on Thursday 16th&...
Local Monday, 20 May, 2019
Half of population now registered with Gesy, foreign nationals encountering problems

Half of population now registered with Gesy, foreign nationals encountering problems

ALMOST half of the population has registered with the National Health Scheme (Gesy), Health Minister Constantinos Ioannou said on Thursday but foreign nationals living in Cyprus say this is not the case as they continue to encounter numerous problems. The minister was speaking after a meeting President Nicos Anastasiades chaired where he was briefed by the Health Insurance Orga...
Local Friday, 17 May, 2019
Gregoriades: The Investment Funds Sector is the Most Promising Sector of the Cypriot Economy

Gregoriades: The Investment Funds Sector is the Most Promising Sector of the Cypriot Economy

  The Cypriot investment funds sector has gained a significant position on the international investment map. The Cyprus Investment Funds Association (CIFA), has been accepted as a full member of the International Investment Funds Association (IIFA), while it has been a full member of the European Fund and Asset Management Association (EFAMA), since 2016. CIFA’s app...
Business Thursday, 16 May, 2019
Cheaper Calls to Other EU Countries as of 15 May

Cheaper Calls to Other EU Countries as of 15 May

As of 15 May, a new maximum price will apply for all international calls and SMS within the EU. As a result, consumers calling from their country to another EU country will pay a maximum amount of 19 cents per minute (+VAT) and 6 cents per SMS message (+VAT). Following the end of roaming charges in June 2017, these new price caps for international calls and SMS in the EU are ...
International Wednesday, 15 May, 2019
Limassol Marina Receives the Highest Industry Award for Excellence

Limassol Marina Receives the Highest Industry Award for Excellence

Limassol Marina, the first full-service superyacht marina in Cyprus, has received the prestigious “5 Gold Anchor Platinum Award”, the highest distinction for exceptional marinas across the world, providing outstanding customer services and facilities. The official announcement was made at the opening ceremony of Limassol Boat Show 2019 in the presence of government ...
Business Tuesday, 14 May, 2019
Bank of Cyprus: Provides access to eight other banks to its customers

Bank of Cyprus: Provides access to eight other banks to its customers

The ability of the customer to monitor the accounts he maintains with other banks through Internet & Mobile Banking, offers Bank of Cyprus, as part of the Digital Transformation Program. In today's announcement, Bank of Cyprus reports that 1bank provides, via Internet & Mobile Banking, the ability of the customer to monitor its accounts with other banks, adding tha...
Business Monday, 13 May, 2019
Cyprus strong growth momentum continues but…

Cyprus strong growth momentum continues but…

Cyprus’ economic expansion is set to remain robust, driven by domestic demand, but risks are tilted to the downside, according to the European Commission’s spring 2019 economic forecast. CYPRUS economic growth is expected to remain strong, driven by domestic demand, but downside risks are on the rise, according to the European Commission’s Spring Economic For...
Local Friday, 10 May, 2019
Cyprus property sales at eleven year high.

Cyprus property sales at eleven year high.

Cyprus property sales in April reached the highest monthly figure recorded since September 2008 following a 61 per cent surge according to official figures from the Department of Lands and Surveys. April saw a sharp rise in Cyprus property sales compared to the numbers sold in the corresponding month last year, with the number of contracts deposited at Land Registry offices up...
Local Thursday, 09 May, 2019
UCY ERC: ECONOMIC SENTIMENT IMPROVES IN APRIL

UCY ERC: ECONOMIC SENTIMENT IMPROVES IN APRIL

The economic sentiment in Cyprus improved by 2.4 points in April mainly owing to the strengthened business confidence in the services sector, the University of Cyprus’ Economic Research Centre (ERC) has said. The Economic Sentiment Indicator (ESI) in April climbed to 112.7 points from 110.3 in the previous month following two consecutive months of deterioration. “...
Local Wednesday, 08 May, 2019
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