News: Economy
Cyprus news in the “Economy” category — updated throughout the day.
EconomyServPRO attending InvestPro Kazakhstan, Almaty 2016
ServPRO will be attending, as a Speaker and Exhibitor, the InvestPro Kazakhstan, Almaty 2016 conference which will be taking place on the 21st and 22nd of September 2016 in Almaty. The conference places its…
EconomyImproving the business environment is a top priority for Cyprus
“There is a continuing process to modernize and reform the current tax and legal framework as part of…
EconomyRosprombank lost its operational license
The insurance payments to the Russian subsidiary of the Cyprus Popular Bank – Rosprombank will amount to 2.6…
EconomyGambling licenses will be available from 3rd of October
The Cyprus authorities have announced the issue of the gambling licenses for the online betting companies, which will…
EconomyCyprus and Egypt sign agreement for the transport of natural gas
According to ServPRO, the agreement was signed on Wednesday, the 31st of August 2016 in Nicosia between Cypriot…
EconomyThe volume of property sales to foreigners shot up by 75%
The volume of property sales in Cyprus to foreigners has increase by 75% over the year. In August…
EconomyThe Archbishop shared the financial plans of the church
The Archbishop of Cyprus Chrysostomos has announced the financial plans of the church. During his interview to sigmalive…
EconomyCyprus and Egypt signed the cooperation agreement in the gas sector
The supply of the natural gas from Cyprus to Egypt will be done through the direct submarine pipeline,…
EconomyAscendis Health acquires Cypriot pharmaceutical company Remedica
According to the company ServPRO, cypriot pharmaceutical company Remedica has been purchased by South African Ascendis Health, an…
EconomyProperty Transfer Fees & Immovable Property Tax reductions
ServPRO reports, according to a recent announcement published by the Cyprus Finance Ministry the 50% reduction in Property…
EconomyFruits and vegetables became more expensive
The prices of fruits and vegetables are several times higher than last year. For example, in comparison with…