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The Cyprus Chamber of Commerce and Industry (Keve) has released a statement reviewing the outcomes of a major business forum held in Nicosia earlier this week, where Cyprus and Chna explored opportunities to expand bilateral trade, attract investment and develop business partnerships.
Cyprus businesses will need to invest more, improve productivity and turn research into commercially successful products if they are to compete internationally, with employers warning that the ability to adapt quickly to new technologies will increasingly matter more than company size.
Invest Cyprus CEO Marios Tannousis outlines how greater access to growth capital, international partnerships and skilled talent can help turn the island into a hub for globally competitive startups
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Berlin-based Delivery Hero, one of the biggest online food ordering and delivery marketplaces in the world, has made a small acquisition in Cyprus to expand its footprint.
President Nicos Anastasiades on Tuesday awarded Medals of Excellence for Service to the Republic to three prominent men as a sign of recognition and appreciation for their valuable contribution to the country.
KEDIPES – the asset management state company formed to undertake the non-performing loans of the collapsed Co-operative Bank of Cyprus – is to get rid of its 49% stake in Altamira Asset Management (Cyprus) Ltd, according to informed sources.
The Central Bank of Cyprus has released the statistics on interest rates applied by monetary financial institutions in Cyprus on deposits and loans in euro, as well as data regarding volumes (amounts) of new euro denominated loans for the reference month of July 2019.
Cyprus-based Eurobank posted improved net profits in H1 2019 of €24.2m slightly up from €24.1m in the same six-month period last year.
Cyprus Airways recently announced a three-day offer with discounts of up to 46% on all destinations.
Cypriots spend 89% of their travel expenditure on trips abroad, much more than the average European, who spends 56% on trips abroad and 44% on domestic vacations, according to recent Eurostat figures.
Τotal new loans given out by Cyprus’ banks fell €90m to €249m in July 2019 compared with June’s €339.1m according to data released by the Central Bank recently.
Beekeepers announced recently they had secured a trademark that would be placed on all locally-produced honey packaging, allowing for the easy recognition of the “quality and authenticity” that defines Cyprus honey.
Economic development in Cyprus is slowly but surely fostering increased social cohesion, Finance Minister Harris Georgiades said after the results of an EU-wide survey on income and living conditions (Silc) showed figures he claims are at pre-crisis levels.
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