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Category: Insider

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MPs push back on government plan to tax provident funds’ investments

A majority is forming in Parliament to block the taxation of provident funds’ investment activities, despite the provision being included…

City of Dreams Mediterranean named Cyprus’ Best MICE Hotel 2025

City of Dreams Mediterranean has been crowned Cyprus’ Best MICE Hotel at the annual World MICE Awards held in Bahrain this…

Builders back government plan for 500 affordable rental homes

The government’s target of 500 quality affordable rental homes is achievable, according to Stelios Gavriil, president of the Cyprus Building…

Cyprus businesses won’t face double tax in Vietnam under new treaty

Cyprus and Vietnam will sign a double taxation agreement on Monday aimed at encouraging trade and investment by preventing businesses…

Cyprus to build 500 state rental flats at half market rate

Cyprus will build 500 state-owned rental flats and charge tenants less than half the market rate as the government targets…

Cyprus tourism heads for record year as Christmas packages boost festive trade

Cyprus tourism is heading for another record year, with arrivals and revenues reaching new levels that cap off what officials…

AKEL and Greens accuse DISY of stitching up €110m tax deal behind closed doors

AKEL and the Greens tore into DISY on Wednesday, accusing the main opposition party of cutting a backroom deal with…

Fewer than 60,000 people control three times the wealth of half humanity

Fewer than 60,000 people—just 0.001% of the world’s population—control three times as much wealth as the entire bottom half of…

Nexans responds to Phileleftheros report on interconnector tender cancellation

French cable manufacturer Nexans has pushed back against reports it cancelled a tender for the Greece-Cyprus electricity interconnector project, though…

Reform deal struck as government and parties agree on €22,000 tax-free income

The government has secured parliamentary backing for a tax reform package after Finance Minister Makis Keravnos reached an agreement yesterday…

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  • Thunderstorms and Troodos snow expected as rain hits Cyprus through week
  • Larnaca pushes €30m Art Center and €1bn private developments at former refineries
  • Halloumi beats pharmaceuticals in Cyprus exports as trade deficit hits €8 billion
  • Limassol outpaces Mediterranean rivals as tourism minister seeks improvements
  • Explainer: India-US trade pact and its impact on millions of Indian farmers
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