Cyprus remains in the ‘orange zone’ with regard to the rate of spread of the coronavirus, according to the latest update from the European Centre for Disease Prevention and Control (ECDC).

Cyprus' coronavirus vaccination portal re-opens on Friday for first jabs and boosters, the Health Ministry has announced.

Tourist inflows to Cyprus this winter until next March will depend on scheduled flights due to Covid uncertainty; tour operators are reluctant to conduct charter flights.

Cash collections of the Cyprus Asset Management Company (KEDIPES) reached €95.2 million in the second quarter of 2021 with total cumulative cash collections since KEDIPES establishment in September 2018 exceeding €1 billion.

Finance Minister Constantinos Petrides voiced concern on Thursday over the risk to the economy from rising prices but said that inflation is currently viewed as transient.

Market analysts do not see an improvement in the cost of goods in the next period and until the first half of 2022. In fact, Cyprus is one of the countries most affected compared to other countries, due to its high dependence on imports of products and raw materials, 95% of which reach Cyprus by sea.

A new price-slashing outlet mall on the western fringe of Nicosia is getting ready to open its doors to the public, hoping to bring a fun shopping experience based on a concept that tries to reconcile modernity with tradition.

Adopting to new working practices, as a result of the COVID-19 pandemic, has businesses exposed to more and increasingly sophisticated cyber attacks and brought underfunded cyber defenses into the spotlight, according to the EY Global Information Security Survey 2021 (GISS).

The Cyprus Investment Funds Association (CIFA), supported by Invest Cyprus, organised and ran an online workshop explaining the intricacies of the EU Recovery and Resilience plan for Cyprus.

The International Monetary Fund revised upwards the growth rate of the Cypriot economy, compared to its forecasts for last April.