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Artificial Intelligence is no longer a distant concept but a powerful reality shaping every sector of the global economy, including shipping, according to Christina Orphanidou, director of AI and data at Deloitte Cyprus.
The world’s leading startup pitch competition, Startup World Cup, is returning to Cyprus for the second year in a row, organisers confirmed in an announcement issued on Thursday.
A total of 4.25 million tourists are expected to arrive in Cyprus by the end of 2025, Cyprus Travel and Tourism Agents Association (Actta) President Harris Papacharalambous said on Friday night at the opening of the Travel Expo Cyprus 2025 show.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
US energy firm Noble Energy which has a concession in Cyprus' block 12 is planning to proceed with further exploration drilling towards the end of 2014.
Members of parliament are contemplating passing a bill whereby a first home would be exempt from foreclosure by banks, despite lenders' attempts to reign in non-performing loans.
October recorded a 16.6% increase in revenue from tourism, an encouraging development according to the Cyprus Tourism Organisation.
Fitch Ratings says it is maintaining Bank of Cyprus covered bonds - rated 'B' - on Rating Watch Negative (RWN).
There has been a notable rise in applications for residency and citizenship in Cyprus filed by third country nationals, in response to amendments in legislation.
The 26 international banks operating in Cyprus are showing their trust in the country and have regained the losses they made following the Eurogroup decision earlier this year.
Parliament has passed into law a raft of measures that are a condition for the release of the next tranche of bailout aid to Cyprus, including the contentious exemption of Central Bank employees from public-sector pay cuts and a freeze on promotions and new hiring.
Cyprus shipping remains strong, despite the shock caused to the country’s economy by the financial crisis, says Communications and Works Minister.
Cyprus slipped into deep deflation in November with the rate of inflation receding to -2.1% on an annual basis, the highest deflation rate for 2013, according to recently released figures by Cyprus' Statistical Service.
The President assures foreign investors that Cyprus remains an attractive investment destination and a competitive center for international business.
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