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Businesses and organisations from Cyprus and Croatia will come together in Limassol on September 25, 2026, for a business and innovation forum aimed at strengthening cross-border cooperation and creating new opportunities in the blue economy.
Cyprus has broken into Europe’s ten largest video game industries by revenue, with more than 400 companies on the island generating an estimated €3.2 billion from games in 2025.
The Deputy Ministry of Tourism recently launched a public consultation on Cyprus’ National Strategy for the Development of Diving Tourism, inviting stakeholders and the public to submit feedback before the strategy is finalised.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The Republic of Cyprus and the Government of the Republic of Latvia signed in Brussels, on 24 May 2016, a Treaty for the Avoidance of Double Taxation on Income (‘DTT’).
Jyrki Katainen, the European Commission’s Vice President called on Cyprus to consider setting up an investment platform combining both public and private sector in a bid to tap risk-financing from the massive European Fund for Strategic Investments (EFSI) totalling €315 billion.
Finance Minister Harris Georgiades has stressed the importance of quick policy action response in addressing fiscal challenges.
The Cooperative Central Bank is expected to start divesting of property acquired through debt restructurings according to a recent report by the Management Unit for Participation of the Republic of Cyprus in the Ownership Structure of Credit Institutions.
Cdbbank (former Cyprus Development Bank) has announced profits of €1.1m before tax in the first three months of this year and has also said that it has made significant progress in managing its non performing loans with 77% of restructured loans' instalments paid regularly.
More and more members of the public are being put on file by the Tax Department, according to an annual report by the Ministry of Finance.
Property sales in the first five months of 2016 rose a substantial 25%, compared to the same period last year, according to data published by the Land Registry, where a significant increase in the transfer of properties was also recorded.
Government Spokesman Nikos Christodoulides has said he is pleased with the meetings he had in Washington recently, with International Monetary Fund (IMF) and US State Department officials.
President Nicos Anastasiades said that Cyprus is emerging stronger from the crisis it experienced in the past years and managed to enhance and expand its comparative advantages.
President Nicos Anastasiades announced his intention to spearhead a national effort to restructure tourism on multiple fronts, and requested the contribution of the tourist industry and other political parties.
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