After an economic boom in 2016, hitting 2,9%, the economy of Cyprus continues its upwards trend, expanding by 3,8% in 2017. The highest growth was seen during the Q2 2017, where the annual growth hit 4%. While Q1 2017 showed a growth of 3,8%, expansion of Cyprus’ economy reached Q3 2017 was 3,9%. The figures […]

The 5th Energy Symposium was organized jointly by the Institute of Energy for South-East Europe (IENE) and FMW Financial Media Way with a special theme ‘Cyprus Europe’s new energy gate’ on the 1st of November in Nicosia. Cyprus was praised by Costis Stambolis, excutive director of IENE on the achievements of its exploration programme, and […]

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. Gravity is located in Nicosia, in the capital of Cyprus. It is comprised of a specialized team with extensive experience and expertise […]

Lebanon has a fast-growing Information Technology sector. Its market size was USD 436.2 million in 2016 and it is expected to further grow at a compounded annual interest rate of 9.7% and reach USD 543.5 million by 2019. The impact of this growth on the national GDP is forecasted to be greater than USD 6 […]

National Investment and Infrastructure Fund (NIIF) of India has signed an investment agreement with a wholly owned unit of the Abu Dhabi Investment Authority (ADIA) to invest $1 billion in India’s projects. According to agreement, ADIA will act as a shareholder of the National Investment and Infrastructure Ltd, NIIF’s investment management company, and will be […]

After the implementation of JCPOA in 2016, various European firms have signed business deals with Iranian firms for establishing or re-establishing business ties with Iran. However, there was a big obstacle for doing business in Iran and it was how to manage fund transfer? On Thursday 21 September, after about one and a half years […]