top of page
Search

EU Council Adopts DAC9 Directive to Simplify Pillar Two Tax Reporting
The Council of the European Union has officially adopted the DAC9 directive as of April 14, marking a significant step in aligning pillar...
Flexi Group
5 days ago2 min read
278 views
0 comments

Cyprus Manufacturing Sector Proves Resilient Amid Global Challenges, Says Oev
Despite ongoing structural hurdles, Cyprus’ manufacturing sector has once again shown its ability to weather international instability,...
Flexi Group
Apr 143 min read
286 views
0 comments

Saudi Arabia Faces Tough Fiscal Choices as Oil Price Slump Strains Vision 2030 Plans
Saudi Arabia, whose economic foundation remains tightly bound to oil revenues, is under growing pressure to either ramp up debt issuance...
Flexi Group
Apr 114 min read
867 views
0 comments

Dubai Compliance Salaries Surge to Double London Levels Amid Financial Sector Boom
Compliance professionals in Dubai are earning up to twice as much as their counterparts in London, with total take-home pay potentially...
Flexi Group
Apr 92 min read
304 views
0 comments

New Loan Volume in Cyprus Drops by 22.8% in February, Interest Rates Show Mixed Trends
The volume of new loans issued in Cyprus experienced a sharp decline of 22.8% in February 2025, reaching €246.1 million, down from €318.7...
Flexi Group
Apr 42 min read
506 views
0 comments

India Achieves Record 174 Advanced Pricing Agreements in 2024/25 Financial Year
India’s Central Board of Direct Taxes (CBDT) has announced that it entered into an unprecedented 174 advanced pricing agreements (APAs)...
Flexi Group
Apr 32 min read
141 views
0 comments

Russia’s Central Bank Warns of Potential Oil Price Collapse Amid U.S. and OPEC Risks
Russia’s central bank has warned the Kremlin that the United States and OPEC have the capacity to flood the oil market, potentially...
Flexi Group
Mar 263 min read
161 views
0 comments

Hellenic Bank’s Merger with Eurobank Enters Final Phase as Cyprus Banking and Insurance Sectors Consolidate
Hellenic Bank is making significant strides in a dual integration process that will see both its banking and insurance operations undergo...
Flexi Group
Mar 214 min read
880 views
0 comments

Cyprus Inflation Rises by 2.3% in February, Driven by Leisure and Hotels
Cyprus experienced a 2.3% year-on-year increase in its Harmonised Consumer Price Index (HCPI) in February 2025, according to data...
Flexi Group
Mar 201 min read
278 views
0 comments

Binance Secures $2B Investment from Abu Dhabi's MGX in First Institutional Deal
Binance, the world's largest cryptocurrency exchange by trading volume, announced on Wednesday that Abu Dhabi-based investment firm MGX...
Flexi Group
Mar 142 min read
863 views
0 comments

Cypriot Businesses Can Apply for €1 Million in RIF Funding for Innovation and Product Development
The Research and Innovation Foundation (RIF) announced on Wednesday that the application process is now open for two major funding...
Flexi Group
Mar 132 min read
297 views
0 comments

CySEC Conducts 850 Audits and Imposes €2.76 Million in Fines in 2024
The Cyprus Securities and Exchange Commission (CySEC) presented its key regulatory activities and market oversight initiatives during a...
Flexi Group
Mar 123 min read
224 views
0 comments

Cyprus Economic Sectors Show Turnover Growth in 2024 Driven by Tourism and Technology
In 2024, the turnover of most economic sectors in Cyprus saw an increase, reflecting the broader economic growth of the country,...
Flexi Group
Mar 72 min read
616 views
0 comments

Cyprus Sees Significant Decline in New Loans Despite Interest Rate Cuts in January 2025
Despite a reduction in interest rates, the volume of new loans in Cyprus saw a notable decline in January 2025, according to data...
Flexi Group
Mar 62 min read
74 views
0 comments

Cyprus Reports 17% Increase in Tourism Revenue for December 2024
Tourism revenue in Cyprus experienced a notable year-on-year increase of 17 percent in December 2024, according to a report published on...
Flexi Group
Mar 51 min read
250 views
0 comments

Cyprus Property Market Shows Signs of Stabilisation in Q4 2024
The Cyprus property market exhibited stabilising trends in the fourth quarter of 2024, according to the latest RICS Cyprus Property Price...
Flexi Group
Feb 262 min read
309 views
0 comments

Cyprus Sees Rise in Non-Performing Exposures, Reaching €1.61 Billion in October
Non-performing exposures (NPEs) in Cyprus increased by approximately €16 million in October 2024, bringing the total to €1.61 billion,...
Flexi Group
Feb 251 min read
400 views
0 comments

Vietnam Moves to Tighten Policies Against Transfer Pricing and Tax Evasion
Vietnam’s Ministry of Finance has put forward proposals to reform foreign direct investment (FDI) policies in an effort to combat...
Flexi Group
Feb 252 min read
285 views
0 comments

Cyprus Set to Gain from Fast-Tracked Gas Development in Block 6, Says Professor
Natural gas extraction from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could begin within two to two and a half years, according to...
Flexi Group
Feb 244 min read
225 views
0 comments

UAE Introduces Blue Visa to Recognize Sustainability and Environmental Leaders
The United Arab Emirates has unveiled the Blue Visa, a new 10-year residency permit designed to honor individuals and organizations...
Flexi Group
Feb 242 min read
226 views
0 comments
bottom of page