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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 ...
European Union leaders reached agreement on the first ever cut in their common budget yesterday after 24 hours of intense negotiations, seeking to placate millions at home struggling through government cutbacks and recession.
The acquisition is part of MTN Group’s broader strategy to make Cyprus an innovation hub for the development of new products and services for the group.
Cypriots have made their home across the globe, but outer space remains as yet unexplored territory, however a newly launched company hopes to change that and plans to land a robot on the Moon by the end of 2015.
Korea is determined to increase its commercial presence in Cyprus, following the successful deal concluded last month with a consortium of South Korea's KoreaGas Corp and Italy’s Eni (ENI/KOGAS) for hydrocarbon exploration licenses in three offshore blocks.
Cyprus continues to be an excellent export platform for foreign and local investors irrespective of current conditions and the country has every possibility to play a catalytic role in the region’s financial growth, says President of Cyprus Demetris Christofias.
French energy giant Total has been granted a license to carry out hydrocarbon explorations in two offshore blocks in Cyprus’s Exclusive Economic Zone (EEZ).
Rapid changes in the global tourism industry, new prospects for Cyprus, and increasingly intense competition will be in focus at the annual Cyprus Hotels Association (PASYXE) conference in Nicosia next week.
Russia is considering extending the maturity of a €2.5 billion loan to help Cyprus manage its debt crisis, rather than offering a new loan.
The Cabinet has approved the establishment of the Energy Policy Council with a view to hold regular briefings and exchange of views between the Minister of Commerce and parliamentary parties on energy matters.
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