Appraisal drilling has begun at the Glaucus-2 site in offshore block 10 of the island’s exclusive economic zone, the ministry of energy said Tuesday.

Cyprus' House of Representatives on Friday evening approved the state budget for 2022 with 30 votes in favour and 25 against. Finance Minister, Constantinos Petrides, said after the voting that the 2022 state budget is a budget of sustainable growth, green transition and social state, highlighting the fact that this is the first budget approved by the House that is really linked with reforms.

Romania is moved to amber zone in the new categorization of countries announced by Cyprus authorities on Monday. The new categorization is put into effect December 23.

The Ministry of Health informs that the free distribution of self-test kits from the pharmacies will start as of today and citizens can receive the package of five self-tests within a period of one month from the start of the procedure, just once. 

The Cabinet approved a six-month extension of an incentives scheme to airlines to combat the effects of the COVID-19 pandemic on Cyprus connectivity.

Τhe Investment Funds sector in Cyprus was significantly strengthened in 2021, with managed assets increasing 48.7%, even though the consequences of the pandemic and uncertainty continued.

A large number of applications were received on Monday by the Ministry of Transport for the government's electric vehicle subsidy plan.

Concreting of the raft foundation of Tower 1 of Blu Marine started on Friday 3rd December at 14:00 and ended on Saturday 4th December at 18:00. 28 hours of nonstop casting, 3 batching plants of concrete supply, 5 concrete pumps, 40 concrete mixer trucks with 300 Cube tests and 120 slump tests with a total of 3800 m3 concrete and 1,100 tons of reinforcement were used in the entire procedure. Along with 140-men construction crew working day and night on “Europe’s New Riviera.”

Cyprus Investment Funds report growth in a pandemic environment • Annual increase of 48.7% of assets under management • A significant number of Investment Fund managers from abroad choose Cyprus as their base

The first 130 children aged between five and 11 got their first dose of a COVID-19 vaccine on Friday as Cyprus buffers against a surge of COVID-19 and the arrival of Omicron.