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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 ...
Managing the economy is a matter of national responsibility said the Minister of Finance, Harris Georgiades recently.
Bank of Cyprus, the island’s largest lender, has decided to change its fees and commissions for services for the first time since 2010 in an attempt to divert more business from traditional banking to online banking.
Etihad Airways, the national airline of the United Arab Emirates, is shutting down its Cyprus-Abu Dhabi route as of October 31, 2016, it said recently.
Cyprus’ tourist product can contribute up to 30% of GDP by 2030, creating an additional 70,000 jobs, according to agovernment-sponsored report by Spanish company THR-Innovative Advisors.
Cyprus' exports in January–June 2016 reached €800m, a decrease of 21%, compared to the same period last year, figures released by Eurostat show.
Inflation in Cyprus raised to -0.4% in July 2016 up from -2.0% in June, one of twelve Member States with negative rates, while a year earlier the rate was -2.4%.
The decision by British voters to leave the EU has led to delays in plans by Bank of Cyprus (BoC) to list on the London Stock Exchange (LSE), according to press reports.
The total assets of investment funds increased by approximately 8% to €2.928 million in June 2016, compared with €2.712 million in March 2016, the Cyprus Central Bank statistics show.
The total revenue of the General Government decreased by 8.6% in the second quarter of 2016, compared to the same period of 2015, the Statistical Service said recently.
The Cypriot naturalisation scheme put in place on June 1, 2013 has brought in €3b in investments in immovable property, deposits, shareholding and bond purchases.
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