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The 14th Invest Cyprus International Investment Awards are due to take place on Thursday, July 9, at the Hilton Nicosia to recognise foreign companies that have made significant contributions to the national economy and society.
Cyprus’ industrial sector generated higher value added and recorded a modest increase in employment during 2024, according to figures released by the Cyprus Statistical Service (Cystat), with manufacturing remaining the main driver of growth.
Cyprus recorded a sharp increase in building activity during the first quarter of 2026, with the state statistical service (Cystat) reporting that the number of building permits issued rose by a whopping 44.1 per cent compared with the same period last year.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
MeritKapital announces its new engagement with DBS Hong Kong, a leading financial services group in Asia with over 250 branches across 15 markets.
A €5 million incentive scheme to boost the hiring of the long-term unemployed was unveiled by the Council of Ministers recently.
Tourism enterprises and hoteliers are trying to boost arrivals by 3% to 5% in 2014, despite a slight slowdown in April and May of this year due to the trouble between Russia and Ukraine.
The European Bank for Reconstruction and Development (EBRD) has agreed to finance Cyprus for a limited period to help the island overcome is economic problems, it was announced recently.
Credit card payments made by Cypriots in the local market increased by 12% in April 2014, compared to a year earlier, and reached €168,5 million.
The Troika has told the government it must abide by the roadmap for privatisations of semi government organisations (SGOs), which it says can be achieved by 2018, with the state also pondering about the sale of services such as the lottery.
The Cyprus International Institute of Management (CIIM) in collaboration with the Cyprus Stock Exchange (CSE) is organising a one day conference for Promoting Cyprus as a Fund Jurisdiction.
A new company providing air navigation services will be set up by 2015, Communications and Works Minister Marios Demetriades revealed recently.
The government has pledged a €4m cash boost for the provident funds of Cyprus Airways (CY) staff that have been made redundant, as a restructure plan foresees more layoffs in a bid to keep the carrier afloat.
Cyprus international lenders believe the rise in non performing loans (NPLs) was not justified by the economic developments on the island and are considering bringing forward the timeframe regarding reforms in a bid to contain strategic defaults.
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