EY announces combined global revenues of US$40b for the financial year ended June 2021 (FY21), an increase of 7.3%, a solid result given the global economic impact caused by the COVID-19 pandemic. Over the past seven years, the global EY organization has recorded strong 7.3% compound annual growth.

According to data published by Eurostat, the proportion of Cypriots who worked from home in 2020 due to the pandemic was low compared to the increase recorded throughout the EU.

Ayia Napa’s tourism industry is cautiously optimistic about extending the season to mid-November, mayor Christos Zannetou said on Thursday.

The next steps in the joint venture of ExxonMobil-Qatar Petroleum in Cyprus’s EEZ which restarts end of the year with drilling in block 10 will be examined during a meeting on Friday with the American company’s officials, the President of the Cyprus Republic accompanied by his Energy and Foreign Affairs Ministers.

After years of start-stop discussions in committee, the House on Thursday passed the legal framework for opening up the electricity market – with the energy minister hailing it as the single largest reform in the sector after Cyprus joined the European Union.

No coronavirus test will be required for fully vaccinated persons who wish to visit the north from Monday, it was announced on Thursday night.

The Health Ministry announced on Thursday that COVID-19 booster shots will be available for people in Cyprus over the age of 83 as of Monday.

Cyprus held the third place in motorisation rates among the EU member states in 2019, following Luxembourg and Italy, according to data provided by Eurostat, the European Union’s statistical service.

The extent of coronavirus transmission in Cyprus may be slowing down, with government officials citing a recent decline in hospitalizations while still urging the public to remain vigilant.

The increase of the efficiency of the Tax Department, both for the collection of taxes and for the service of the public is of the utmost importance, stressed the Minister of Finance Konstantinos Petridis, during his visit today to the Nicosia District Tax Office.