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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 ...
President Nicos Anstasiades appoints Christoforos Fokaides as new Defence Minister.
Radius Oceanic Communications, Inc., and Cyta announce testing and commissioning are complete on the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the East Med.
Despite expected stabilisation and minor recovery of the economy, the increase in income gap and downturn in the real estate market are likely to continue, according to the latest Cyprus Economy and Real Estate Forecast conducted by Leaf Research.
Revenue from tourism records a slight decrease of 0.5% in January 2014 compared with January 2013, according to the latest figures released by the Statistical Service.
Ryanair kicks off its Paphos summer season, which includes a new route to Athens giving passengers in Cyprus a choice of ten destinations for summer 2014.
Cyprus unemployment rose in February 2014 to 16.7%, from 16.5% in January, according to recently released Eurostat data. The number of unemployed people in Cyprus stands at 74,000.
Fitch Ratings has maintained the 'B' rating of the mortgage covered bonds issued by Bank of Cyprus on Rating Watch Negative (RWN), although the covered bond programme benefits from an IDR uplift of '1'.
Cyprus does not expect any surprises from the euro-area bank stress tests, a year after depositors took losses to save the island’s financial system, says Finance Minister.
Eurogroup President dismisses worries that Cyprus like Greece will need additional help from its international lenders and that he expects that Cyprus will recover in the short-term.
ENI/Kogas and Noble Energy expected to drill exploratory wells in Cyprus’ Exclusive Economic Zone in 2014, with French Total to follow in 2015.
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