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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 ...
A total of 7,591,000 passengers travelled by air in Cyprus in 2015, representing growth of 3.6% since 2014.
RCB Bank, the unit of Russia’s state-owned VTB and Otkritie Financial Corporation, has agreed with the European Investment Bank (EIB) and the Cypriot government to pump a further €40m into the Cypriot economy.
The Cooperative is in a race against time to achieve its goals within certain timeframes, as a step towards privatisation has been made to join the Cyprus Stock Exchange.
The official operator of the EuroAsia Interconnector electricity connection announced that work on the 1,520km ‘electricity highway’ that will secure international energy supply will begin in 2017.
Cyprus will win back market confidence if it continues its efforts to reform and consolidate the economy, Finance Minister Harris Georgiades said recently.
Cyprus and Egypt recently signed an air transport agreement in Cairo providing for multiple carriers rather than just one from each side which was the case up to date.
Home prices on the island fell 0.9% in the second quarter of 2016 compared to January to March, the statistical service said.
Cobalt, the Cypriot airline which launched its flight programme in July 2016, said that it would increase the number of its aircraft to six by the beginning of 2017.
Construction activity in Cyprus rose an annual 11% in the second quarter of the year, in which producer prices dropped 3.9%, the statistical service said.
According to the Cyprus Statistical Service, the Harmonized Price Index for September 2016 decreased by 0.4% when compared to September 2015.
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