Jiu Jitsu, the first Hollywood film entirely shot in Cyprus under its new cash rebate programme, has been selected for distribution by Paramount Home Entertainment and will be released in the US and Canada on November 20, it was announced on Monday.

Despite a COVID-19 resurgence in Larnaca, experts advising the government on the pandemic do not feel the need to impose islandwide restrictions on free movement.

In September 2020, economic sentiment in Cyprus deteriorated slightly as the Economic Sentiment Indicator (ESI-CypERC) decreased by 1.0 point compared to August 2020.

New Eurostat figures have highlighted the dependence of Cyprus tourism sector on foreign visitors at a time when the coronavirus outbreak has put a lid on travel.

With the tourism sector’s performance this summer having refuted even the most optimistic forecasts that were made, the question for tour operators is what more can be done over the next period to reduce the big losses. As such, everyone's attention has shifted to the winter period that begins next November and ends in March 2021.

In what is being seen as a giant step forward, Cyprus is set to be ‘remade’ in the coming years through €1 billion in grants – not loans – from the European Recovery Plan, according to documents seen exclusively by the Cyprus Mail.

Cyprus is ranked number seven on the list of EU member states when it comes to the number of pharmacists per inhabitant, Eurostat reported on Friday.

Hellenic Bank reported a lower first half net profit of EUR 17.7 million, impacted by the coronavirus pandemic, down from EUR 58.3 million in the same period last year.

Total deposits rose in the Cyprus banking sector in August with the outstanding amount reaching €47.9 billion, according to data released by the Central Bank of Cyprus (CBC).

Retail trade in Cyprus excluding motor vehicles showed signs of recovery reflecting the increase of economic recovery following the lifting of restrictions to combat the spread of the coronavirus pandemic.