Central Bank Governor: Anti-money laundering efforts beginning to be recognised abroad

Governor of the Central Bank of Cyprus Constantinos Herodotou has spoken of a new culture of compliance in Cyprus banks on anti-money laundering since 2013 and that progress so far is [...]

FINANCE
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BY OPulse Admin
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Apr 19 2019

Brexit extension to affect prices of holiday packages

Deputy Minister for Tourism Savvas Perdios expects prices of travel packages from the UK to Cyprus that have plummeted already by 10% - 15% this year, to drop even further in 2020, as [...]

MARKET TRENDS
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BY OPulse Admin
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Apr 18 2019

Big energy sector players in Cyprus

Since Monday, Ministry of Energy officials began long and hard negotiations with high-level delegations from Total and Eni. The talks focus on two aspects – the first concerning the final terms of t [...]

MARKET TRENDS
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BY OPulse Admin
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Apr 17 2019

House releases funds for tougher checks on passport buyers

The House finance committee on Monday released €1.4m that will be used to hire a specialised firm to carry out enhanced due diligence on people who apply for Cypriot citizenship as part of the islan [...]

MARKET TRENDS
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BY OPulse Admin
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Apr 16 2019

Cyprus Real Estate Investment market: Prospects and Risks

When it comes to investing in real estate, the Cypriot market is considered to be an increasingly attractive investment destination, which has been gaining more and more importance over the past 15 y [...]

MARKET TRENDS
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BY OPulse Admin
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Apr 15 2019

House prices rise

House prices in Cyprus rose by an annual 1.6% in the last quarter of the previous year, the Statistical Service announced on Thursday. According to a preliminary estimate of the Stati [...]

MARKET TRENDS
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BY OPulse Admin
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Apr 12 2019

“Glafkos” gas field discovery gives new impetus in Cyprus EEZ

The discovery of a new gas field by ExxonMobil and Qatar Petroleum has given a new impetus to Cyprus’ Exclusive Economic Zone, the Chairwoman of the Cyprus Hydrocarbons Company (CHC) [...]

MARKET TRENDS
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BY OPulse Admin
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Apr 10 2019

Saving Energy Advice

SPACE HEATING Use solar energy to heat your building. On sunny winter days allow the sunrays to enter through the southern windows. If you have a split unit system do not set your ther [...]

TIPS & ADVICE
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BY OPulse Admin
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Apr 07 2019

Multi-million movie starring Nicolas Cage to be filmed in Cyprus

A multi-million movie starring Nicolas Cage will be filmed in Cyprus, it was announced on Friday. Cage has starred in such well-known movies as Rumblefish, Raising Arizona, Moonstruck, Guarding Tes [...]

EYE CANDY
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BY OPulse Admin
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Apr 07 2019

Huge surge in demand for Cyprus passports from UK Cypriots

THE past three years have seen a surge in the demand for Cypriot passports by the UK’s Cypriot community, while over 1,000 passports were expected to be issued this year, it emerged on Thursday. [...]

MARKET TRENDS
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BY OPulse Admin
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Apr 05 2019