Tag: foreign investment

EU reviews airline ownership rules ahead of EasyJet takeover bid

The European Union is preparing a review of airline ownership rules to prevent foreign investors from gaining effective control of European airlines, according to...

Trozena development backed by local leaders

Community leaders from the Krasochoria cluster in Limassol have expressed support for the Trozena development project by an Israeli investor, stating that it should...

Cyprus economic outlook hinges on productivity upgrade

Strong growth masks structural vulnerabilities Cyprus has demonstrated remarkable resilience since the pandemic, recording some of the highest growth rates in the eurozone. However, this...

Olympic Lagoon deal completed in Paphos

Blackstone confirms first Cyprus investment The Olympic Lagoon deal has been officially completed, with the American investment giant Blackstone acquiring K.A. Olympic Lagoon Resort Limited,...

Relocating a business to Cyprus: what owners often get wrong

By Sergios CharalambousPartner and Head of the Corporate & Tax Department at Philippou Law Firm Sergios specialises in corporate, tax and regulatory matters, advising businesses...

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Natural gas and electricity prices will rise sharply this winter

The gas crisis in Europe is intensifying as low...

El Niño could push 50m people into hunger crisis before end of next year

The developing El Niño weather system could push around...

Explosive-carrying drone found at Leipzig Airport

A drone carrying an explosive device has been found...

Reuters: FBI opens cooperation channels with Beijing and Moscow

FBI cooperation with China and Russia is marking an...
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