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The 14th Invest Cyprus International Investment Awards are due to take place on Thursday, July 9, at the Hilton Nicosia to recognise foreign companies that have made significant contributions to the national economy and society.
Cyprus’ industrial sector generated higher value added and recorded a modest increase in employment during 2024, according to figures released by the Cyprus Statistical Service (Cystat), with manufacturing remaining the main driver of growth.
Cyprus recorded a sharp increase in building activity during the first quarter of 2026, with the state statistical service (Cystat) reporting that the number of building permits issued rose by a whopping 44.1 per cent compared with the same period last year.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The euro area (EA19) seasonally-adjusted unemployment rate was 8.8% in October 2017, down from 8.9% in September 2017 and from 9.8% in October 2016.
From the 7th till 16th of November 2017, young researchers from eight countries, from Europe, the Middle East and even Chile and Australia, attended the Annual School in Solar Thermal Energy (STE).
Hellenic Bank, the third-largest Cypriot lender, announced an after-tax loss of €17.8m in the first nine-months of 2017 compared to a €5m profit in the respective period of last year.
The general government generated in the first ten months of the year a fiscal surplus on a cash basis of €498m compared to a €138.9m surplus in the respective period of 2016, the Finance Ministry said.
Russian companies are attracted to Cyprus mainly because of its tax regime, including double taxation treaties, European Union membership, and Russian-friendliness, a survey published by accounting firm EY has showed.
Revenue from tourism rose 10% in September compared to the respective month of 2016 to €483.7m against a 15% increase in arrivals, as British tourists cut back on spending, the statistical service said.
Fintech company, Hello Group, recently announced the launch of the first Bitcoin ATM in Cyprus in Limassol.
The gap between deposits and loans in the Cypriot banking system shrank last month to a mere €3.1bn, the narrowest since January 2013, two months before the bail-in, the central bank said.
The launch of the new research centre on interactive media, smart systems and emerging technologies (Rise) took place recently in the old part of Nicosia, with participants underlining the potential for Cyprus to become a regional applied knowledge centre.
The state-owned Cyprus Cooperative Bank announced a net loss of €63.3m in the first nine months of this year, compared to a profit of €53.9m in the same period of 2016.
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