Jiu Jitsu, the first Hollywood film to be shot entirely in Cyprus, has made its way into the top ten of the most watched films on Netflix USA and Canada.

The Central Bank of Cyprus last year had in store gold valued at €689.8 million compared to € 605.7 million in December 2019.

Total loans in the Cyprus banking system declined by €288 million in February, marking their first significant reduction as borrowers began repaying their loans following the ending of a general payment holiday in December 2020, while a new moratorium has limited effect.

President Nicos Anastasiades, during his visit to various major construction projects in Limassol on Saturday,  said he hoped that the government would soon be able to announce new incentives aimed at attracting investors.

Fitch rating agency affirmed Cyprus’ long-term sovereign rating at “BBB-” with a stable outlook, citing high sovereign debt and a weak banking sector as the main challenges facing the island’s economy.

The Commission’s Quality Committee on Friday put its eagerly-awaited stamp of approval on Cyprus’ request for registering halloumi/hellim as a product of Protected Designation of Origin (PDO).

The upward trend in Cyprus’ weekly coronavirus positivity rate for appears to have come to a halt, but remains at relatively high levels, an updated national surveillance report covering the period up to March 23 showed.

The European Commission has approved a €20 million Cypriot scheme to support small and medium-sized enterprises (SMEs) affected by the pandemic, it announced on Thursday.

The value of total Assets Under Management with Cyprus funds reached €8.58 billion in the 4th quarter of 2020, a 10.3% increase from the third quarter of that year. Assets under management also increased 3.8 % from the same period in the previous year, according to the latest Quarterly Statistics bulletin published by the Cyprus Securities and Exchange Commission (CySEC).

Royal Caribbean International announced on Thursday that all-new 7-night cruises will be departing from from Limassol, starting July 10.