Cyprus’ Significant position in the EU ‘Horizon 2020’ PUBLISHED ON 25/01/2018
Cyprus has ranked first in the EU in terms of per capita absorption of funds from ‘Horizon 2020’ Research and Innovation Programme, Dr. Vassilis Tsakalos, General Director of the Cyprus Research Promotion Foundation (RPF), has said CNA. Cyprus has absorbed approximately €90 million funds so far which correspond to 245 projects implemented by research and […]
Banque du Liban (BDL)’s assets increased by 16% PUBLISHED ON 16/01/2018
According to Lebanon’s Central Bank or Banque du Liban (BDL)’s balance sheet, total assets of the bank reached $118.3 billion at the end of 2017, rising by $15.9 billion which is 16% increase compared with the previous year. Moreover, the securities’ portfolio of the Central Bank increased by $3.4 billion, or 13 percent and reached […]
Cyprus and Saudi Arabia signed Double Taxation Treaty PUBLISHED ON 09/01/2018
Ioannis Kasoulides, Minister of Foreign Affairs of Cyprus and Mohammad Abdullah Al-Jadaan, Minister of Finance of Saudi Arabia, signed an agreement for Double Taxation Avoidance (DTAA). During the historic visit of president Nicos Anastasiades to Saudi Arabia, in order to improve Cyprus relations with the Gulf countries, a number of bilateral agreements have signed between […]
Iran’s Capital, Insurance Markets PUBLISHED ON 15/12/2017
Following Iran’s nuclear deal, many foreign insurance companies specially from Italy, Germany and from the UK announced their willingness to invest in Iran’s insurance industry. For instance, Munich Reinsurance Company officials, one of the world’s leading reinsurers, signed a contract with Saman Insurance Company in July 2017 to provide reinsurance coverage in life and capital […]
