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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 government sold a total of €100m in 13-week treasury bills at an average yield of 0.31%, which is a new historic low, the second in a month, the Public Debt Management Office said.
The government posted a €142.8m budget surplus in January to September 2016, on a cash basis, compared to a €100.8m surplus in the respective period of 2015, the statistical service said.
Germania airline has announced a raft of new services between Paphos and seven German cities scheduled to begin in 2017, fuelling hopes for continued growth in visitor numbers from the northern European country.
As the summer 2016 season ends, efforts to increase tourism for the coming months are being ramped up in Paphos.
Revenue from tourism rose 9.4% year-on-year in August 2016, to €392.2m, with Cyprus getting a taste of the Brexit vote, the statistical service said.
Total and EDT signed a contract on October 6 2016, in the presence of Transport Minister Marios Demetriades and Energy Minister Giorgos Lakkotrypis, signifying the restart of drilling in Block 11 by April 2017.
The development of the domestic conventional gas resources discovered in Cyprus should be actively pursued, a recent resolution adopted by the European Parliament, in Strasbourg, stresses.
Cyprus will again be an economic top performer in 2016 and will not veer from its prudent fiscal course, Finance Minister Harris Georgiades told the European Commission.
The construction and use of the underwater EastMed pipeline for the transfer of natural gas from the EEZs of Cyprus and Israel is technically feasible and economically sound.
The government’s deposits at the central bank stood at €1.4bn in September 2016, compared to €1.6bn in August, the Central Bank of Cyprus said.
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