During the 3rd quarter of 2022, there was an increase in the number of Management Companies and Undertakings of Collective Investments (UCIs) to 333, with the assets under management reaching €9.9bn....
People find the cost of sending parcels to be high, accrording to a survey conducted by the Office of Electronic Communications & Postal Regulations (OCECPR), from October to December 2022. The...
16/01/2023
Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness.According to a written recommendation...
16/01/2023
Forty percent of citizens and nearly half of businesses have experienced some sort of cyber attack in the past 12 months, according to surveys on cyber security.According to the Commissioner of...
12/12/2022
The creation of the Euromed Tech Hub in Cyprus was unanimously decided last week by the Board of Directors of ANIMA Investment Network, a press release by Invest Cyprus says.The development...
05/12/2022
More than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email in 2022, according to the results the survey on information and...
02/12/2022
The Ministry of Energy, Commerce and Industry has announced in the last two years grant schemes that exceed €330 million of which €171 are for enhancing entrepreneurship and these schemes were warmly...
29/11/2022
The European Commission has approved a 100 million euro Cypriot scheme to support companies and self-employed persons affected by the coronavirus pandemic, under the European Union’s State aid COVID...
29/11/2022
The number of investment funds registered in Cyprus rose for a sixth consecutive quarter in the end of September 2022, while their assets declined by 5.48% compared with June 2022, figures released...
18/11/2022
High labour costs and unhindered access to energy and raw materials are the main challenges expected to be faced by Cypriot businesses in 2023, based on the 30th annual edition of the Eurochambers...
17/11/2022