A number of technology and business experts this week stressed that while Cyprus holds great promise as a technological destination, more efforts are needed to establish a knowledge-based economy on the island.

Parliament has officially ratified the agreement between the Republic and the World Health Organisation (WHO) to establish a regional WHO office in Cyprus.

We are happy to announce that four of our firm’s lawyers have achieved top accolades in the Mondaq Autumn 2023 Thought Leadership Awards!

Deputy Minister of Tourism Kostas Koumis on Thursday expressed great satisfaction with the outcomes of the meetings held during this week in London, in the contex of the annual World Travel Market (WTM).

Cypriot firm Ask Wire, a technology-informed real estate company, on Thursday released its quarterly report for the local property market. The report indicated a mixed outlook for the real estate market in Cyprus, despite the annual increases in rental values across various property types.

The house plenum ratified on Thursday the framework agreement for the accession of Cyprus to the International Solar Alliance.

Cyprus witnessed record-breaking tourism revenue in August 2023, marking a substantial annual increase of 20.8 per cent, according to a report by the state’s statistical service.

The number of registered unemployed individuals in Cyprus decreased by 17.4 per cent in October 2023, reflecting a drop of 1,951 people, compared to October 2022.

The European Investment Fund (EIF) of the European Investment Bank (EIB), along with Cypriot Finance Ministry, has announced the launch of Cyprus’ very first equity fund.

The Cypriot banking sector is in the best position it has been in a decade, experts said during a session on the sector’s response in an environment of elevated interest rates, at the Economist’s 19th Annual Cyprus Summit.