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Cyprus shipping further strengthened its position as one of the island’s most important economic sectors in 2025, contributing around 7 per cent of GDP, approximately €1.9 billion, according to the Cyprus Shipping Chamber’s (CSC) annual report.
Cyprus Airways and flydubai have announced the launch of a new interline agreement, aimed at strengthening international connectivity and offering passengers seamless access to an expanded network across the Middle East, Asia and Africa.
The European Union saw a modest monthly recovery in construction output during March 2026, according to a report from Eurostat.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Cyprus Airways recently announced they assumed the line maintenance support of the A320 passenger jets of Qatar Airways, which commenced scheduled flights to Larnaca Airport.
Supporting entrepreneurship is the key for the economy to return to growth and development, says Energy Minister Yiorgos Lakkotrypis.
Recession in 2014 is forecasted to be moderate compared to 2013, according to the Economic Research Center of the University of Cyprus.
The Minister of Communications and Works says that a strategic study on the use of Cyprus' ports by oil & gas companies drilling for natural gas within the country's Exclusive Economic Zone is underway.
Central government accounts recorded a deficit of €18.95 million or 0.12% of GDP, recent data released by the Ministry of Finance shows.
Energy Minister Yiorgos Lakkotrypis assures that the government scheme to subsidise photovoltaic systems at homes will continue and will be enhanced.
For the first time mandatory sustainability standards for hotel establishments have been approved by the Cyprus Tourism Organisation (CTO).
Efforts to reform and consolidate the Cyprus economy are well underway, assures the Finance Minister, ahead of the fourth mission review of the country's programme by the Troika of international lenders.
The implementation of the Cypriot National Health Scheme is set to be partially implemented by 2015 and in place by 2016.
Jean-Claude Juncker, the EPP candidate for the next European Commission president commends Cyprus' efforts to exit the economic crisis.
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