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The Research and Innovation Foundation (RIF) has received a record 284 proposals for its PRE-SEED programme, highlighting growing interest in creating and developing startups with international ambitions in Cyprus.
Cyprus’ property market continued to grow in August, with sale contracts reaching 13,288 during the first eight months of 2026 and activity staying above last year’s levels in every month so far.
Cyprus’ economy expanded by 3.3 per cent in real terms year on year in the second quarter of 2026, according to a report from the Cyprus Statistical Service (Cystat).
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Based on seasonally adjusted data that show the trend of unemployment, the number of registered unemployed for April 2019 decreased to 23,031 persons from 23,548 in the previous month. This figures marks the lowest number of jobless since May 2010.
The cabinet recently authorised deputy ministry for shipping to come up with an incentives plan that would help Cyprus-flagged cruise companies which carry over 1.5m tourists per year to upgrade their vessels.
Cyprus expects initial natural gas production from the Aphrodite field will begin between 2024 and 2025, Cyprus’ Minister of Energy Yiorgos Lakkotrypis said after negotiations with operators and an ownership squabble delayed output.
Cyprus aims at maintaining high primary surpluses and use windfall gains to reduce its high public debt or boost its cash buffers, thereby placing its public debt on a firm downward path, the Finance Ministry has said.
An event dedicated to Venture capital in the South Eastern Mediterranean with a focus on Cyprus, organised by 0100 Conferences, will take place at the Carob Mill venue in Limassol on May 9, 2019.
The presence of companies linked to Cypriot interests in Egypt is deemed as particularly important, since, according to reports in the local financial press, their investments are said to amount to US$400 million.
The evolution of per capita GDP in Cyprus compared to the EU average "reflects the severe impact of the economic and financial crisis on the Cypriot economy," but even so it has grown by 31% in the period 2003-2018.
Cyprus’ seasonally-adjusted unemployment rate was 7% in March 2019 representing 31,000 people 6.9% of whom were men and 7% women.
The increase in tourism and home-sharing practices on platforms like Airbnb has led to a spike in property price and rental increases especially in Limassol, according to recently-released findings by DANOS International Property Consultants (DANOS / BNPPRE).
Hopes of Cyprus making a comeback as a holiday cruise destination have been revived as operators will double their stopovers this year compared to last season’s cruise liner traffic.
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