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The Deputy Ministry of Tourism recently launched a public consultation on Cyprus’ National Strategy for the Development of Diving Tourism, inviting stakeholders and the public to submit feedback before the strategy is finalised.
The Bank of Cyprus is expected to deliver another strong quarter, with analysts forecasting robust profitability and the potential for generous shareholder distributions, as Greek and Cypriot banks continue to benefit from credit expansion, resilient interest income and rising fee revenue.
Aircraft maintenance firm Bird Aviation announced on Wednesday that it has signed a long-term agreement with low-cost airline easyJet to provide scheduled aircraft maintenance services at its facilities in Larnaca, strengthening Cyprus’ position as a regional aviation maintenance hub.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The Cypriot government is projected to post budget surpluses over the next six years through to 2023, according to the International Monetary Fund’s Spring 2018 Fiscal Monitor published recently.
Invest Cyprus initiative to capitalise on human resources
Cyprus registered the lowest annual inflation in the euroarea for March 2018, with -0.4%.
The European Central Bank (ECB) seems to favour merging the performing operations of the Cyprus Cooperative Bank (CCB) with another Cypriot lender, Finance Minister Harris Georgiades said recently.
Following comments from The Troika on the extremely high levels of non-performing loans (NPLs) the Cyprus government is preparing proposals to improve the insolvency and foreclosure laws.
Tourist arrivals during the first three months of 2018 were up 29.3% over the same period last year, according to data from the Passengers Survey.
Bank of Cyprus and Deloitte programme to aid aspiring entrepreneurs Accelerator Aris, A Really Inspiring Space, has grown with the addition of another team.
The government recently announced the launch of a long-term industrial strategy policy, aiming to double industry’s share of gross domestic product by the year 2030.
Attracting investor interest for the Cyprus Cooperative Bank is a must and a move everyone should contribute to, in order to shield the Cypriot economy, Financial Ombudsman Pavlos Ioannou has said.
One of the primary goals of a new platform launched recently by the Cyprus investment and promotion agency (CIPA) is to bring Cypriot professionals back to their home country by connecting them with companies offering jobs on the island.
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