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Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength and its importance to the island’s economic performance.
The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President Nikos Christodoulides said on Monday.
Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to promote the country’s shipping and maritime technology sector internationally.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Cyprus-based Eurobank posted improved net profits in 2018 of €42.5 million from €41.1 million the year before.
Limassol has been placed in the top 100 cities worldwide in Mercer’s quality of living rankings for 2019.
According to the new statistical data, the trade deficit dropped to €4.9bn in 2018, down from €5.3bn in 2017.
The new industrial port at Vassilikos, due for completion by 2023, will cost around €250 million, it was announced recently.
Talks aimed at recalibrating the revenue-sharing agreement for the Aphrodite gas reservoir appear to be going well, reports said recently.
The island’s trade deficit was €4.9bn in 2018, down from €5.3bn the previous year, according to the statistical service.
On Tuesday 12th March, excavation works began at the site of Cybarco’s ambitious new development on the Limassol Seafront, signifying the next phase of construction for Trilogy.
New legislation regulating hotel operations puts focus on the quality of services rather than building criteria such as the size of a hotel and its facilities.
Hellas Direct, a next-generation insurance company, has been ranked in the 1000 fastest growing companies in Europe for 2019 by the Financial Times.
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