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Invest Cyprus chairman Evgenios Evgeniou addressed foreign investors at the 13th Invest Cyprus International Investment Awards in Nicosia on Wednesday, reaffirming the organisation’s commitment to working with the international investment community to build a more diversified and innovative Cyprus.
Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement just released.
Property sales in Cyprus recorded an annual increase of 17 per cent in June, driven by a 44 per cent surge in Larnaca, while Nicosia posted the smallest gain at just 2 per cent, according to data released by the land registry.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
ExxonMobil’s Ocean Investigator research vessel sailed recently from Limassol port into block 10 of Cyprus’ Exclusive Economic Zone (EEZ) to carry out hydrocarbon explorations for the US oil giant.
Cyprus central government debt stood at €18.315 billion at the end of 2017, a decline of 3.6% compared with 2016, according to data released recently by the Finance Ministry’s Public Debt Management Office (PDMO).
The Bank of Cyprus CEO John-Patrick Hourican recently urged the business community in Cyprus to increase the legal and political pressure to move towards a faster solution to the issue of non-performing loans (NPLs).
The economic sentiment index fell in March 2018 by 1.6 points to 117.5 compared to February after peaking at 119.9 in November, as confidence in the services and industrial sector and among consumers fell, the University of Cyprus said.
Cyprus is promoting three projects that were selected by the European Commission as projects of common interest, because of their benefits to the European energy market, President Nicos Anastasia's said recently.
Moody’s Investors Service recently downgraded the baseline credit assessment of the state-owned Cyprus Cooperative Bank to ‘ca’ from ‘caa2,’ citing a shortfall in provisions rendering a capital increase necessary.
An upcoming international conference at Nicosia’s Filoxenia conference centre promises to address the burning issue of climate change in the region in a comprehensive manner.
Cyprus needs to take advantage of the current higher-than-expected economic growth to promote structural reforms that will help reduce risks to its financial system and public finances and improve its competitiveness, bailout supervisors said.
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