Seven out of ten businesses in Cyprus said their turnover took a hit from the coronavirus pandemic in 2021 while blaming the government for ‘not doing enough’ to guide them through the crisis.

Over 3,600 primary and secondary school students competed for the best green-business ideas that would help reduce plastic use and promote environmental sustainability as part of the mindREset programme.

Deputy Minister for Tourism Savvas Perdios has reportedly assured the tourism industry that the government is devising a contingency plan in the event of a flare-up in Ukraine and possible sanctions on Russia, adversely impacting tourist arrivals from that country but from Ukraine as well.

The ambassador of Italy, Federica Ferrari Bravo, visited the University of Nicosia last week following an invitation by the rector to explore possible areas for collaboration.

The University of Nicosia announced its advancement into the Top 180 among “young” universities globally this week.

The Bank of Cyprus posted an after-tax profit of €30 million and a profit after tax and before non-recurring items of €91 million in its financial results released on Monday.

The European Commission has approved under EU State aid rules Cyprus' map for granting regional aid from 1 January 2022 to 31 December 2027, within the framework of the revised regional aid Guidelines (`RAG`) which was recently adopted.

Cyprus’ Minister of Justice and Public Order Stephie Dracos stressed the need for a change in culture regarding the rights of LGBTI+ people, after signing on Tuesday a Memorandum of Understanding on the Protection and Promotion of the rights of LGBTI+ People in Europe and in the Commonwealth between the United Kingdom and the Republic of Cyprus.

Cyprus and the United Arab Emirates (UAE) will sign MoUs on maritime transport, cyber security and diplomatic training on the occasion of the visit of Cyprus President, Nicos Anastasiades, to Dubai for the EXPO 2020.

EY Cyprus has announced that Alexis Pantazis and Emilios Markou, Co-Founders and Executive Directors of Hellas Direct have been named EY Entrepreneur Of The Year™ Cyprus 2022 (EOY) winners, during a ceremony and gala dinner held on February 17th at the Parklane Resort & Spa in Limassol.