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The future of banking, artificial intelligence and financial technology in Cyprus will come under discussion on Tuesday 13th October at the first Forbes Cyprus Next Generation Banking & Fintech Summit, bringing together more than 250 participants at the Four Seasons hotel in Limassol.
Cyprus and Israel will hold a new round of online talks to reach an agreement on the cross-border gas reservoir between Cyprus’s Aphrodite field and Israel’s Yishai field, the Cyprus News Agency reported on Friday.
The Research and Innovation Foundation (RIF) has received a record 284 proposals for its PRE-SEED programme, highlighting growing interest in creating and developing startups with international ambitions in Cyprus.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The Covid-19 situation in Cyprus is quite good in general in all epidemiological indicators with the positivity rate in the last week remaining stable at 0.1%, according to the National Surveillance Report as of 15 June, published on Friday.
Despite no British tourists arriving at their establishments, Cyprus hotels expect to see many more Cypriot guests during the three-day holiday weekend for the Kataklysmos (Flood) Festival.
Cyprus is progressing steadily towards the ECDC’s green categorisation as all districts reported reduced coronavirus caseloads, the health ministry’s National Report showed on Friday.
The vaccination portal will from Friday be open for all ages 18 and above until the last available appointment is booked, the health ministry press officer Margarita Kyriakou.
A total number of 23,251 residents of Cyprus returned from a trip abroad in May 2021, compared to 5,500 in the corresponding month last year, recording an increase of 323% year on year, data released by Cyprus Statistical Service show.
Nicosia should continue fiscal support measures to mitigate Covid-19 economic scarring and focus on digitisation and transition to a green economy as recovery takes hold, the International Monetary Fund said.
In Cyprus, the job vacancy rate increased to 2.0% in the first quarter of 2021, the same rate as the EU, up from 1.3% in Q4 2020, but stable from a year ago.
After the blow inflicted by the UK’s decision to delay the easing of coronavirus measures in England, Deputy Tourism Minister Savvas Perdios reiterated on Wednesday that Cyprus deserves to be moved to the green list of tourist destinations from the current amber category.
Elizabeth McCaul, Member of the Supervisory Board of the ECB, advised caution over possible amendments to the Cyprus foreclosure law stressing that “such policies can also backfire and destabilise the banking sector if designed in a haphazard manner.”
By law, all retail businesses and services in Cyprus including doctors, lawyers and plumbers will have to accept plastic money as of September following a finance ministry decree.
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