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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 ...
Larnaca’s satellite casino will likely be housed at Larnaca International Airport, according to local press reports.
The number of persons employed in the first quarter of 2018 rose 4%, to 391,701, compared to January to March last year, the statistical service said citing a flash estimate.
The government has issued a notice for the expropriation of land for the EuroAsia Interconnector’s high-voltage direct current (HDVC) converter station, the project’s website has said.
The 2018 budget for the Cyprus Hydrocarbons Company (CHC) of €6m was approved recently by the cabinet, the deputy government spokesperson Clelia Vassiliou announced.
The number of company registrations rose in May 11% to 1,271 compared to the respective month of 2017, the Department of Registrar of Companies and Official Receiver said.
Non-performing loans in the Cypriot banking system fell in February 2019 by €122m to €22bn or 45.3% in a month and by €1.9bn in a year, the Central Bank of Cyprus said.
A deal between the Co-operative Bank of Cyprus and Hellenic Bank will be sealed soon, but it appears that taxpayers will be required to pick up part of the tab.
Cyprus participated in the biennial International Shipping Exhibition 'Posidonia' in Athens,one of the biggest of its kind in the world, with its own pavilion.
Rental prices have climbed steeply, especially in the heart of Limassol and Nicosia because of heightened interest by investors and retailers seeking new venues.
Foreign Minister Nicos Christodoulides has welcomed ExxonMobil’s intention to accelerate procedures ahead of scheduled offshore drillings in the island's exclusive economic zone.
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