Cyprus was the only EU member state to post growth last month in the registration of heavy trucks, according to figures provided by the European Automobile Manufacturers Association (ACEA).

Many young people in rural villages head right for big cities once school is finished, but now there is a counter trend: An increasing number of young entrepreneurs from rural areas are staying home and starting businesses.

The Cyprus government on Thursday officially put an end to hopes of local hoteliers that it would offer coronavirus tests to British tourists upon arrival on the island.

Based on cases of Covid-19 in people who showed symptoms without having had contact with a confirmed case or had any recent travel history which were identified in the community mainly in the province of Limassol, the ministry of health expresses strong concern and recommends caution reminding the public that the virus is still active.

Traditional businesses will also be able to benefit from the €2.7 billion in financial aid the EU has made available to Cyprus even though the funds are effectively destined to companies promoting green and digital strategies, the Cyprus Chamber of Commerce (Keve) said on Wednesday.

Emirates on Thursday announced that from August 1 it would be offering flights from Larnaca to Seychelles via Dubai five times a week.

Cyprus banking sector capital levels reached a historic high in 2019, placing Cypriot banks on a better footing to face the financial havoc wreaked by the coronavirus outbreak.

Following marathon talks in Brussels since Friday morning that lasted four days, 27 European Union (EU) governments have reached a breakthrough agreement over the new fiscal stimulus.

Despite the overall growth in cyberattacks, only one-third of organizations say the cybersecurity function is involved at the planning stage of a new business initiative, according to the EY Global Information Security Survey (GISS).

Estimates for tourism arrivals have been slashed by 50% as the deputy tourism ministry now expects only 100,000 arrivals in August – just 18 per cent of last year’s figure.