Cyprus is already on the technology map but aspires to become a regional hub for science and tech companies, said Deputy Minister of Research, Innovation and Digital Policy Kyriacos Kokkinos.

The Cyprus-Egypt memorandum of understanding on cross-border electrical interconnections marks an “important milestone” to promote regional collaboration in the field of energy between the two countries, Energy Minister Natasa Pilidou said on Saturday.

The Ministry of Tourism is putting everything into boosting the island’s seasonality to salvage what’s left of another coronavirus-battered year while laying the groundwork for a strong restart in 2022.

The Cabinet today approved a bill increasing the period of paid maternity leave from 18 weeks to 22 weeks in order to help mothers balance work and family life.

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.