Cyprus and Egypt will soon be signing an agreement to connect the Aphrodite gas field to the North African country, reports said on Monday. The inter-state agreement is expected to be signed sometime over the coming few weeks, Egypt’s Petroleum Minister Tarek el-Molla told Egypt Today. The Cairo-based publication recalled that in November 2017 the [...]

EARLIER this month Cyprus and the United Kingdom signed a revised double taxation convention, based on the OECD Model Convention for the avoidance of double taxation on income and capital. (The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and [...]

Limassol is amongst the top 100 cities of the world according in the ‘Quality of Living Index’ produced by Mercer, one of the world’s largest HR consultancy firms, that evaluated local living conditions in more than 450 cities. ACCORDING to a survey conducted by Mercer, Limassol is one of the top 100 cities in the [...]

Contracts for the construction of the Paralimni marina have been signed; with an estimated capacity of 300 vessels and at a cost of €110 million, the marina is expected to be fully operational by mid-2021. ENERGY Minister Giorgos Lakkotrypis, investor PMV Maritime Holdings and the Paralimni municipality on Monday signed contracts for the building of [...]

Have you been watching illegal television channels? WHEN hundreds of television sets in Cyprus went blank, people first wondered what it was that went wrong. Perhaps they checked their innocuous device that so cheaply allowed them to view hundreds of channels they technically hadn’t paid for. Others had already seen the news on January 9 [...]