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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 ...
Finance Minister Harris Georgiades said no extra measures will be necessary to achieve a balanced budget for 2017, in which spending increases by €100m, to €6.15bn.
A significant increase of 12.5% was recorded in income from tourism during the months of January-February 2016, while the yearly increase in February came to 21.7%, according to recent data from the Statistical Service.
Vice President of the European Investment Bank Jonathan Taylor spoke about the economic recovery of Cyprus in a particularly positive light, and focused on the future prospects of the country as a centre of investment and business.
The European Bank for Reconstruction and Development (EBRD) will be holding its next annual meeting in Cyprus.
The Cyprus economy grew by 2.6% in the first quarter of 2016, according to a flash estimate compiled by the Statistical Service.
The Larnaca port and marina project will be put to tender by September 2016, while other infrastructure projects in the pipeline are to be rolled out in the near future, Transport Minister Marios Demetriades said recently.
Energy giants Noble, Delek and BG are poised to return the exploratory rights of Block 12 in the Aphrodite field, following seven years of exploring the reservoir within Cyprus’ Exclusive Economic Zone (EEZ).
The Cyprus economy will grow at a rate of 2.2% of GDP in 2016, the Ministry of Finance predicts.
More and more Russians are set to flock to the island in the summer of 2016, leading the way for smaller markets to follow suit.
A Cyprus-based programme has been shortlisted as one of the nine best and successful candidates in a European competition for the promotion of safe, clean and efficient energy.
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