EGYPTIAN INVESTMENT IN AYIA NAPA MARINA

EGYPTIAN INVESTMENT IN AYIA NAPA MARINA

AN EGYPTIAN businessman will invest some €220 million in the construction of the marina in Ayia Napa, it emerged on Monday. Naguib Sawiris was received by President Nicos Anastasiades who later tweeted: “We welcome the highly important €220 million investment by...
CYPRUS EUROPEAN CITIZENSHIP WITH NEW REVISED SCHEME

CYPRUS EUROPEAN CITIZENSHIP WITH NEW REVISED SCHEME

On the basis of a Council of Ministers’ revised Decision (dated 13 September 2016), non Cypriot Investors, can acquire the Cyprus Citizenship by Naturalization (by exception on the basis of the Civil Registry Law 2002-2015). Key Benefits • Free Movement of People...
US READY TO INVEST IN CYPRUS LNG PLAN

US READY TO INVEST IN CYPRUS LNG PLAN

According to the Cyprus Weekly, which cites diplomatic sources, the United States is ready to invest in a multi-million Liquefied Natural Gas plant in Cyprus. It has been stated that a key reason for their strong interest is the ability to influence the relations of...
CYPRUS HAS THE BEST BEACHES AND CLEANEST WATERS IN EU

CYPRUS HAS THE BEST BEACHES AND CLEANEST WATERS IN EU

In a recent survey conducted about Europe’s Cleanest Waters, which includes beaches as well, Cyprus and Luxemboug were rated as excellent with a 100% record year on year. The swimming sites deemed “excellent” rose by 3.6 percentage points to 82.6 percent as Luxembourg...
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