Prices of Construction Materials in January 2019 recorded an increase of 1.61% compared to January 2018, according to data released recently by the Statistical Service of Cyprus.

In 2017, 3.5% of the population of Cyprus (13,400 people) were working in a cultural sector or occupation, a Eurostat report found.

The Radisson Hotel Group will expand its operations in Cyprus from three to six hotels by 2025 after signing a new master development agreement with SunnySeeker Hotels.

Tourist arrivals were up in January 2019, mainly due to a significant increase in arrivals from the UK.

Rents are spiraling in all towns, particularly in Limassol, while Larnaca has the lowest rents according to a survey published by the press recently.

Cyprus employers have identified deficiencies in the basic digital skills of their workforce which is holding back progress, according to PwC’s '2018 Global Digital IQ Survey', on the worldwide effort in the business sector to catch up with the digital era.

Parliament has approved the €68.7 m budget for the body that will run the Cyprus General Health Scheme, with €55 m being allocated for wages of hospital staff and officials of State Health Services Organisation OKYPY.

President Nicos Anastasiades who laid recently the foundation stone for a new power plant in Vassiliko, Limassol District, has said that the plant will signal a new era for energy in the country which will have many positive aspects for the economy.

Hermes Airports has launched a new and upgraded website it says offers users an easier and faster navigation, a structured design and is accessible to people with disabilities.

Hellas Direct, a Cyprus-based online insurance company, is pleased to announce that Portag3 Ventures ('Portag3') has increased its equity stake in the company.