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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 ...
Bank of Cyprus is about to repay its outstanding emergency liquidity assistance (ELA), which it mostly inherited from Cyprus Popular Bank in March 2013.
The number of job vacancies increased in Q3 2016 by 2.626 (111.1%) and reached 4.989, compared to the same quarter of the previous year when it was 2.363, the Statistical Service said recently.
The government is preparing a new tax framework which will further strengthen investment funds sectors in Cyprus, to render the island one of the most attractive investment jurisdictions in the EU.
The shareholders of the Bank of Cyprus recently approved two resolutions in relation to the process that will facilitate the Bank`s listing on the London Stock Exchange (LSE).
TUS Airways will soon commence flying from Larnaca to Amman.
Energy Minister Yiorgos Lakkotrypis has in his hands the report of the Hydrocarbons Counselling Committee, which includes the final suggestions for blocks 6, 8 and 10 in the Cyprus EEZ.
In October 2016, compared with September 2016, industrial producer prices rose by 0.8% in the euro area (EA19), by 1.0% in the EU28 and remained unchanged in Cyprus, according to estimates from Eurostat.
Business transactions over the Internet saw an upward trend in Cyprus, businesses started using more high speed Internet connections and a small increase of companies choosing to have a website was also recorded, recent data released by the Cyprus Statistical Service shows.
The trade deficit in January to October 2016 widened by €619.5m to €3.5bn compared with the respective period of last year, or an annual 22%, the statistical service said.
Cyprus’ economy expanded an annual 2.9% in the third quarter and 0.7% compared with the previous quarter, the statistical service said, affirming a previous flash estimation.
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