New support measures to the tune of €120 million to address the effects Cyprus’ third total lockdown on employees and companies were announced by the Finance and Labour Ministers on Wednesday.

Limassol is planning to develop a financial district, ‘Wall Street’ by the sea; the long-awaited technology park is to begin development by yearend.

The labour ministry on Tuesday announced the latest relief schemes available for businesses, employees and self-employed persons as a result of the two-week coronavirus-related lockdown running from April 26 to May 9.

Total fuels sales in March 2020 recorded their first annual increase after 13 consecutive months, pushed upwards by sales in petrol stations.

Jiu Jitsu movie, the first Hollywood move that was entirely shot in Cyprus, is very successful and was recently fourth on the list of preference on Netflix.

Cyprus has ramped up its vaccination capacity to 14,000 jabs a day, Health Minister Constantinos Ioannou said Tuesday, as GPs were being recruited to administer jabs at their practices.

Cyprus on Tuesday moved to reduce the timeframe between the first and second doses of the AstraZeneca coronavirus vaccine from 12 to eight weeks.

The year 2021 marks four years since Eurogate Container Terminal Limassol Ltd took over the container terminal management at Limassol port.

Household electricity prices in Cyprus fell by nearly 25% in the second half of 2020 compared to the year before, the second largest decrease in the EU.

Banks are eager to see tourists coming to Cyprus since thousands of their clients’ financial future depends on visitors boosting the economy over the holiday island’s summer and autumn months.