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Banque du Liban (BDL)’s total assets reached $118.3 billion at the end of 2017, rising by $15.9 billion which is 16% increase compared with the previous year.
Double Taxation Avoidance Agreement (DTAA) was signed between Cyprus and Saudi Arabia on 03 January 2018, in Riyadh for the avoidance of double taxation between two countries and the prevention of tax evasion.
After Iran's nuclear deal, some international insurance companies from the EU expressed their readiness to invest in Iran’s insurance sector. The Iranian Insurance industry has a great potential for attracting foreign investment.
This year three Cypriot start-ups have represented Cyprus at the world's largest technology conference, Web Summit 2017.
Iranian chain stores are gradually rising and attracting more consumers to do their routine shopping in a more efficient way.
Qatar signs the Multilateral Convention on Mutual Administrative Assistance in Tax Matters and the CRS Multilateral Competent Authority Agreement of the OECD.
Hellenic Bank has appointed Youssef A. Nasr, a Lebanese-born US citizen and former HSBC banker as chairman of its board of directors.
Cyprus Notional Tax Deduction (NID) is a deduction against taxable profit calculated by applying a “reference interest rate” to new equity injected into companies and used by companies for the performance of its activities under certain conditions and constraints.
RiseUp 2017: The MENA region’s largest innovation and entrepreneurship summit will be held on 1-3 December in Cairo, Egypt.
After an economic boom in 2016, hitting 2,9%, the economy of Cyprus continues its upwards trend, expanding by 3,8% in 2017.
The 5th Energy Symposium was organized by IENE and FMW Financial Media Way with a special theme ‘Cyprus Europe’s new energy gate’ on the 1st of November in Nicosia. More than 25 speakers and 130 delegates attended on the event.
Gravity Ventures, a new venture building incubator has entered the Cypriot market with the aim to support local and international business founders and start-ups for their development and their entrance into international markets.