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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 ...
Cyprus can expect GDP growth of 2% says the European Bank for Reconstruction and Development (EBRD).
The number of new company registrations rose in April by 17% to 1,029 compared to the respective month of 2015, the department of company registrar and official receiver said recently.
Italy’s national airline Alitalia will begin flights to Cyprus after a six-year absence, while Greek company Ellinair has officially arrived in Cyprus aiming to directly connect Europe with Russia.
The Cyprus Securities and Exchange Commission announced recently that it will promote amendments to the legal framework governing collective investments, a move that would boost the Cyprus investment fund sector, CySEC Chairwoman Demetra Kalogirou said.
The Cyprus Chamber of Commerce andIndustry(CCCI) and the Cyprus-China Business Association signed a cooperation agreement with the China-UK Business Association and the China-Britain Business Council, aiming to promote Cyprus as an international investment and business centre.
The latest figures for the EU-harmonised consumer price index (HICP) confirm the deflationary trend in Cyprus, with prices measured by the HICP dropping year on year by 2.1% in April 2016 after a decline of 2.2% in March according to the Statistical Service, Cystat.
Holders of Cypriot cards used plastic money for purchases in Cyprus worth €189m in April 2016 and €764m in the first four months of 2016, which was 14% and 7% higher compared to the respective periods of 2015, JCC Payment Systems said recently.
The Ministry of Energy, Commerce, Industry and Tourism said that Poseidon Grand Marina of Paphos was the successful bidder in a competition for the construction of a marina in Paphos with a capacity of 1,000.
Revenue from tourism rose 22% year-on-year in February 2016, to €37.6m, the statistical service said recently.
“Cyprus Needs a Compromise and Common Efforts” says Stavros Pavlou, Senior & Managing Partner of Patrikios Pavlou & Associates LLC in an interview as published in the April-June 2016 issue of the Cyprus-Russian Successful Business Magazine.
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