Cyprus Economic Climate Witnesses Positive Shift in November: CypERC Study
In a recent study conducted by the University of Cyprus’ Economic Research Centre (CypERC) in collaboration with RAI Consultants Ltd., it...
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Flexi Group
Nov 29, 20232 min read
Cyprus Unveils Ambitious Sponsorship Programs to Propel Green Energy Innovation
The Research and Innovation Foundation (RIF) in Cyprus has unveiled two comprehensive sponsorship programs aimed at invigorating the...
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Flexi Group
Nov 28, 20233 min read
Cyprus and Chevron Optimistic About Aphrodite Gas Field Plan, Extraction Expected by 2027-2028
In a significant development, Energy Minister George Papanastasiou has expressed high optimism about the ongoing discussions between the...
673 views0 comments
Flexi Group
Nov 27, 20232 min read
Cyprus as a Regional Cybersecurity Nexus: Hosting Key Conference to Strengthen Global Defenses
In a strategic move to become a vital link between the Middle East and Europe in the realm of cybersecurity, Cyprus is set to host the...
589 views0 comments
Flexi Group
Nov 23, 20232 min read
Cyprus's Credit Rating Upgraded by Scope Ratings
German rating agency Scope Ratings has upgraded the Republic of Cyprus's long-term rating from BBB to BBB+ with a stable outlook,...
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Flexi Group
Nov 22, 20232 min read
Hellenic Bank Records Robust 9-Month Profits of €240.7 Million, Bolstered by Strategic Measures
Hellenic Bank has announced impressive financial results for the first nine months of 2023, revealing an after-tax profit of €240.7...
285 views0 comments
Flexi Group
Nov 22, 20231 min read
Cyprus Economic Indicator Growth Moderates in October 2023 Amid Geopolitical Strain
Cyprus' economic outlook, as measured by the Composite Leading Economic Index (CLEI), displayed resilience in October 2023 with a 1.5%...
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Flexi Group
Nov 21, 20234 min read
Cyprus Real Estate Council Cracks Down on Illicit Practices and Urges Sector Efficiency
The Cyprus Council for Registration of Real Estate Agents has recently taken a bold and uncompromising stance against any collaboration...
307 views0 comments
Flexi Group
Nov 20, 20231 min read
Cyprus Investment Organizations Experience Asset Fluctuations Despite Numerical Surge in Q3 2023
The third quarter of 2023 witnessed a notable increase in the number of investment organizations in Cyprus, surging by 4.6%, as reported...
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Flexi Group
Nov 16, 20231 min read
Cyprus Reports 2.5% Economic Growth in Q3 2023
The Cypriot economy demonstrated a growth rate of 2.5% in the third quarter of 2023 compared to the same period in the previous year....
343 views0 comments
Flexi Group
Nov 15, 20231 min read
Cyprus Woos Tech and Innovation: Minister Highlights Strategic Advantages and Growth in UK Trade
In London on Tuesday, Cyprus' Minister of Energy, Commerce, and Industry, George Papanastasiou, positioned the Mediterranean nation as an...
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Flexi Group
Nov 14, 20232 min read
Greece to Sell 20% Stake in National Bank Amid Banking Sector Overhaul
Greece has unveiled its plans to divest from the country's banking sector, announcing the sale of a 20% stake in the National Bank of...
684 views0 comments
Flexi Group
Nov 14, 20232 min read
Bank of Cyprus: Robust Q3 2023 Profits and Upgraded Credit Rating
Bank of Cyprus has announced robust financial results for the nine months ending September 30, 2023, with an after-tax profit of €349...
591 views0 comments
Flexi Group
Nov 10, 20231 min read
Cyprus Calls for Business Ideas Aligned with Vision 2035, Emphasizes Sustainable Development
Invest Cyprus President Evgenios Evgeniou has called on the Cypriot business community to contribute ideas in line with the priorities of...
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Flexi Group
Nov 9, 20232 min read
Comprehensive Measures Proposed by Cyprus Council to Tackle Affordable Housing Crisis
The Cyprus Economy and Competitiveness Council (Soak) has presented a robust set of measures and recommendations aimed at addressing the...
560 views0 comments
Flexi Group
Nov 8, 20232 min read
EU Updates List of Non-Cooperative Countries for Tax Purposes: Implications for Cyprus Businesses
The European Council has recently made significant changes to the EU list of non-cooperative countries for tax purposes, impacting...
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Flexi Group
Nov 7, 20232 min read
New Loans in Cyprus Reach €578 Million in September 2023
In Cyprus, new loans surged to €578 million in September 2023, marking a notable increase of €52.3 million compared to the previous...
372 views0 comments
Flexi Group
Nov 6, 20232 min read
Cyprus Retail Trade Turnover Shows Robust Growth in September
The Retail Trade Turnover Index in Cyprus has registered a notable increase of 8.6% compared to the same month in the previous year, as...
324 views0 comments
Flexi Group
Nov 3, 20232 min read
Cyprus Aims for Energy Independence and Regional Leadership Amidst Growing Energy Challenges
Cyprus is actively working toward achieving energy independence, according to the country's Energy Minister, George Papanastasiou....
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Flexi Group
Nov 2, 20232 min read
Cyprus Reports Strong Surplus for First Three Quarters of 2023
The Cypriot government has revealed a robust surplus of €931.6 million for the period spanning January to September 2023, according to...
284 views0 comments
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