Cyprus government presents new strategy for attracting companies in the country

Cyprus government presented Friday its new strategy to attract companies in the country, placing an emphasis on high-tech, research and innovation companies. The implementation of the strategy is expected to start from January 2022. During a presentation at the Presidential Palace, Cypriot President Nicos Anastasiades said it would be a new important strategy for attracting […]

EU approves €1bn Cypriot scheme to support business and self-employed | Cyprus Mail

The European Commission has approved a €1billion Cypriot scheme to support enterprises and self-employed individuals in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. Executive Vice-President Margrethe Vestager, in charge of competition policy, said: “This €1 billion scheme will enable Cyprus to support companies and self-employed persons affected by the […]

OPAP approved to acquire Stoiximan’s Greek and Cyprus business

Greek gaming operator OPAP has announced that the Hellenic Competition Commission and the Commission for the Protection of Competition of the Republic of Cyprus have granted approval on the acquisition of sole control over Stoiximan Group’s Greek and Cypriot business (SMGC). OPAP’s fully-owned subsidiary OPAP Investment Ltd will now enact sole control over SMGC with […]

Cyprus business gets new access to Bitcoin | Cyprus Mail

Cyprus-based businesses do a lot of trading with Eastern Europe, Africa and Asia, and businesses in these regions like to pay with Bitcoin. The recently launched LegionPay makes it easy to do business with the no.1 cryptocurrency. LegionPay is a crypto payment gateway that provides merchants with the ability to offer their customers the opportunity […]