Dollar loses recovery momentum, eyes on PMIs
The Dollar Index (DXY) entered a consolidation phase after reaching a weekly high near 105.00.
Gold
Neocleous Tower, ’s on-schedule construction hits significant milestones
– Neocleous Tower is a modern, sustainable office building in central Limassol.
– Construction at the tower is progressing efficiently and remains on schedule.
– Concrete casting at Level 14 has been completed.
– The tower has successfully completed 3 underground car park levels and multifunction areas from Level 2 to Level 5.
– The tower is working towards attaining LEED Gold accreditation.
Where is the best place to mine and how to spend gold in Diablo 4
Players in Diablo 4 start with basic equipment and can obtain new weapons, equipment, talismans, and gems by battling, completing quests, or purchasing with Diablo 4 coins. The gameplay revolves around improving the hero with better gear and bonuses to skills. Gold can be earned by selling items on the market, clearing dungeons and fortresses, and playing in groups to increase the drop rate of gold and experience. Replayability allows players to revisit valuable locations for more rewards.
UAE: New tax exemption rules issued for companies in free zones
Companies in free zones in the UAE must meet certain criteria to be eligible for zero percent corporate income tax and become a qualifying free zone person (QFZP).
Foody supports athletes Trajkovi, ć and Olov Leonidou
Foody, the No.1 delivery service in Cyprus, announced its partnership with athletes Milan Trajković and Viktor Olov Leonidou for the 2024 Olympic Games in Paris. Milan Trajković is a top track and field athlete who has broken Cyprus National Records and won gold medals. Viktor Olov Leonidou is an accomplished mountain-running and ultra-distance athlete who has achieved impressive results in competitions. Foody’s partnership with the athletes aims to support their pursuit of excellence and inspire others.
Sunshine and strain , – a market divided
– The Cyprus real estate sector is experiencing growth and prosperity, with a booming economy and construction flourishing in coastal hotspots like Limassol.
– Locals are facing financial strain due to rising interest rates, inflated property prices, and loan restructuring, while foreign investors are attracted to Cyprus for its incentives.
– Foreign investment has fueled the coastal boom but creates vulnerability due to reliance on external capital.
– Cyprus has a history of overlooking problems and needs a proactive approach from the government to ensure long-term stability.
– One in four persons living in Cyprus was born overseas, contributing to the economy and cultural landscape.
– Challenges in the housing market include increased competition for jobs, rising prices, and pressure on public services.
– Integration policies and inclusive economic planning are essential to ensure fair distribution of benefits and foster shared prosperity for all residents.
Gold to hit all-time high soon?
Gold is likely to hit a new all-time high within weeks, driven by factors such as anticipated interest rate cuts by the US Federal Reserve, continuous gold purchases by the People’s Bank of China, and growing demand from regions like Turkey and the Middle East.
BoC, ’s new ‘pronomia’ loyalty scheme rewards customer ties
Bank of Cyprus has introduced the first-ever loyalty scheme in Cyprus called ‘pronomia’ which rewards loyal customers with privileges and benefits based on their relationship with the bank and its subsidiaries.
Nicosia pop-up event to celebrate bags as wearable art
Fani Xenophontos is thrilled to announce an extraordinary pop-up event called “Carry Your Freest Spirit in Your Everyday Bag” at GOLD Boutique from Wednesday, May 29 to Saturday, June 1, 2024. The event aims to bridge the gap between fashion and conceptual art by exploring themes of personal freedom and constraint through everyday accessories, specifically bags.
Is Texas the State with the Lowest Tax Burden In the US?
Fact: Artificial intelligence is the greatest investment opportunity of our lifetime.