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CYPRUS ECONOMY-POSITIVE NEWS

February 4, 2015 12:38 pm

Last week was all positive news for the Cyprus economy. Sunday 26 October 2014. Stress Tests. All Banks have passed the “stress tests” peformed on about 125 Banks all over Europe and intended to examine the strength of the Banks in an extreme case scenario. Four Cyprus Banks were included in those tests (Bank of […]

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De-offshorisation of the Russian Economy

De-offshorisation of the Russian Economy

February 4, 2015 12:37 pm

An updated report of the legislation concerning controlled foreign company (CFC) rules was drawn up by the Russian Ministry of Finance in the beginning of September. The new draft was the result of the work and discussions that took place over the summer. The new revised laws and regulations do not benefit businesses and companies […]

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Cyprus Shipping Review 2014/15

Cyprus Shipping Review 2014/15

February 4, 2015 12:32 pm

The shipping industry in Cyprus has grown significantly since the launching of the shipping registry in 1963. Since then, a multiplicity of features have combined in making the island of Cyprus one of the most significant locations concerning a range of maritime-linked activities. Some of the key factors include the island’s contemporary financial and legal […]

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Dubai Economic Council Proposes strengthening Ties with Trade Partners

Dubai Economic Council Proposes strengthening Ties with Trade Partners

February 4, 2015 10:59 am

According to Dubai Economic Council (DEC), the emirate should strengthen its partnership ties with influential trade partners, especially India, if it plans on competing with pioneering international hubs like Hong Kong and Singapore. In accordance to the proposals outlined recently in the DEC’s report, Dubai should take the needed measures to establish an investment protection […]

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