News

immovable_property_tax
01/08/2016
By: CDA

DISY LEADER Averof Neophytou’s radical proposal for slashing the state’s immovable property tax (IPT) by 75 per cent this year, and scrapping it altogether in 2017, was passed by a majority vote in Thursday’s parliamentary plenum.

The vote followed days of hectic haggling between the...

Cyprus news
14/07/2016
By: CDA

Seasonally adjusted GDP rose by 0,9% in Cyprus during the first quarter of 2016 compared with the previous quarter  according to an estimate published by Eurostat, the statistical office of the European Union.*  During the first quarter of 2016, GDP rose by 0,6% in the euro area (EA19) and by 0,...

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21/03/2016
By: CDA

Nicosia has been voted top among small European cities in the human capital and lifestyle category by fDi magazine, the bi-monthly magazine published by the Financial Times.

The Cyprus capital is first among Europe’s small cities with a population of 100,000 to 350,000, ahead of Oxford...

Moscow Private Wealth Forum
10/03/2016
By: CDA

MOSCOW PRIVATE WEALTH FORUM

 An event that every financial services provider operating in Moscow has to attend

The forum is dedicated to a wide range of current issues that are especially important to high net worth...

house-702x436 (1).jpg
01/03/2016
By: CDA

The Cyprus Stock Exchange is engaged in talks with an unspecified Islamic exchange, which could allow Cyprus to become the first euro area country to list Islamic bonds, the exchange’s chief executive officer said.

“We want to exploit our geographical advantage as the Cyprus Stock...

house-702x436 (1)_0.jpg
29/02/2016
By: CDA

(NICOSIA) - Bailed-out Cyprus recorded a 4.4 percent hike in key tourism revenue in 2015, the sector's best earnings since 2001, official data showed Monday.

Total tourism income on the Mediterranean holiday island reached 2.11 billion euros ($2.29 billion) last year from 2.02...

G63-01.jpg
28/02/2016
By: CDA

Building permits in 2015 rose by 12 per cent in terms of area and 25 per cent in terms of value compared to 2014, the statistical service said.

The construction area and value of projects which received a building permit from local...

port-702x436.jpg
27/02/2016
By: CDA

Transport minister Marios Demetriades said on Thursday that two joint ventures led by Germany’s logistics company EuroGate and Dubai Ports World Ltd have won the competition for the privatisation of the Limassol port’s operations....

shipping-professionals-training-programme-for-web-0e57a6c596.jpg
09/02/2016
By: CDA

The Cyprus International Institute of Management (CIIM) and Youngship Cyprus, a branch of the international non-profit association for young shipping professionals, are offering a unique training opportunity for the members of the Cyprus...