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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 ...
Though initially Cyprus was to borrow €10 billion from the Troika, the final balance sheet shows the amount to be precisely €7,248,793,691, which it must pay back by 2031.
The President of the Paphos Chamber of Commerce and Industry Andreas Demetriades will visit China, accompanied by the President and General Manager of the CTO between May 14-19 2016, aiming to increase the tourist market from the Asian country.
Bank of Cyprus (BoC) is expected to report a significant reduction of non-performing loans (NPLs) and Emergency Liquidity Assistance (ELA) for the first quarter of 2016 according to a trading update issued recently.
Permasteelisa Group, the worldwide leading contractor in engineering, project management, manufacturing and installation of architectural envelopes and interior systems, announced the geographic expansion of the company to new territories including Cyprus.
The trade deficit for the period January-February 2016 was €465.7 million, compared to €368.4 million during the same period in 2015, according to data published recently by the Statistical Service of Cyprus.
In March 2016 compared with February 2016, the seasonally adjusted volume of retail trade fell by 0.5% in the euro area (EA19) and by 0.7% in the EU28, according to estimates from Eurostat.
BY 2020, Cyprus wants to have the digital world become integral in the public’s use of government services making more available to citizens online.
Finance Μinister Harris Georgiades said Cyprus should remain on the course of economic reforms and fiscal prudence to help it regain its investment grade sovereign rating and reduce its borrowing costs.
Building permits fell almost 20% year-on-year in terms of construction area and 17% in terms of volume in the first two months of 2016, suggesting a possible slow down in construction activity, the statistical service said recently.
European digital or electronic signature is coming to Cyprus, as experts from Estonia are helping the government make decisions in setting up a digital platform that would enable different transactions between agencies, companies and individuals in fast and secure networks.
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