Cyprus pharmaceuticals are probably the country’s biggest kept secret as the industry was responsible for almost a third of all exports in the first five months of 2020 while increasing year-on-year.

The Cyprus Parliament on Friday amended the constitution to allow for a slashing of the time in which appeals can be filed against decisions of the asylum service from 75 days to 15 days.

Hiring the right candidate is a time-consuming and challenging task that significantly affects the productivity of the company. Fifty-two percent of talent acquisition leaders said that “the most difficult part of recruitment was identifying the right candidates from a large applicant pool.” Therefore, finding a way to quickly and effectively narrow down the pool of applicants will not only free up time, but it will also relieve some of the stress and difficulty for hiring managers.

EY Cyprus - Droman Ltd Consortium have signed the first two contracts with the Cyprus Police regarding the institutional reorganisation of the Organisation. The two (2) contracts undertaken by the Consortium concern the field of design and implementation of a modern model of policing and operational procedures, as well as the field of technical support for the implementation of the overall project for the Reorganisation and Modernisation of the Cyprus Police.

Data released by CyStat shows a large annual increase up to 69.2% of registered unemployed people in Cyprus this August compared to August 2019.

Data released by the Cyprus Statistical Service on Thursday show that Cyprus recorded an annual deflation of 1.2% this August.

The Cabinet on Thursday decided to extend current government support programs aiming to cushion the blow of the coronavirus pandemic until the end of October, Labour Minister Zeta Emilianidou said.

Hellenic Bank announced that CEO Ioannis Matsis has stepped down after three years in the job at the second largest Cyprus lender and that his employment agreement “has been mutually agreed to be terminated with immediate effect.”

The creation of a Fast Track Business Activation Mechanism for setting up a company in Cyprus by third country nationals was approved today by the Council of Ministers, aiming to attract foreign investment to the island.

The Cyprus Investment Promotion Agency is currently focused on the emergence of Cyprus as the main choice for international technology companies looking to relocate within the European market.