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Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength and its importance to the island’s economic performance.
The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President Nikos Christodoulides said on Monday.
Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to promote the country’s shipping and maritime technology sector internationally.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Parliament approves an amended bill on privatisations, which will lead to the modernisation and reform of SGOs and help pave the way to economic recovery.
Closed-ended investment company Aurora Russia Ltd says it has sold its Cyprus subsidiary Flexinvest Ltd, which owns OJSC Flexbank, to an unnamed firm in a deal worth £3.2 million sterling.
The sector of accommodation and food service activities recorded a decrease of 1.9% for 2013, compared to the corresponding last period in 2012, the Statistical Service of Cyprus announces.
The Industrial Output Prices Index for January 2014 reached 106.7 units, recording a decrease of 0.1% compared to December 2013, the Statistical Service announces.
The unemployment rate in Cyprus has dropped to 16.8% but still registered the highest annual increase in Europe, according to official Eurostat figures released recently.
Paphos has been recognised as one of the best wedding destinations in the world by travelers in an online poll.
A pioneering Centre for Innovation, Entrepreneurship and Employment (ΚΕΑ) has recently started operations, with the declared aim of combating recession and unemployment in Cyprus.
Energy Minister George Lakkotrypis resigns as a member of DIKO, in disagreement with the party’s recent decision to leave the government coalition.
Bank of Cyprus, the lender which was recapitalised by bailing in depositors last year, posted a full-year loss of €2.04 billion for 2013, narrowing from a €2.21 billion loss in 2012.
The Transport Sector recorded a decrease of 3% in 2013, compared to 2012, according to data released by the Statistical Service of Cyprus.
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