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Invest Cyprus chairman Evgenios Evgeniou addressed foreign investors at the 13th Invest Cyprus International Investment Awards in Nicosia on Wednesday, reaffirming the organisation’s commitment to working with the international investment community to build a more diversified and innovative Cyprus.
Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement just released.
Property sales in Cyprus recorded an annual increase of 17 per cent in June, driven by a 44 per cent surge in Larnaca, while Nicosia posted the smallest gain at just 2 per cent, according to data released by the land registry.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
The Public Debt Management Office (PDMO) at the Ministry of Finance has auctioned a record €47.9 mln 6-year retail bonds, with the January 2016 series setting the pace for the government’s financing needs in the new year.
Close to 100,000 tourists from Israel visited Cyprus in 2015, making it a record year, the Cyprus Hotel Association (PASYXE) said recently.
A year free from the obligations of the economic adjustment programme, 2016 will nevertheless bring several financial challenges, primarily in terms of Cyta’s privatisation and the last instalment of some €400 million from Cyprus’ international lenders.
Cyprus and Jordan announced recently the activation of technical committees to discuss the details of possible cooperation in the gas sector.
Cyprus saw a record number of tourist arrivals during the summer 0f 2015, deputy general director of the Cyprus Tourist Organisation, Annita Demetriades, said recently.
The government has forwarded to the troika its draft proposal regarding the legal unbundling of the Electricity Authority of Cyprus (EAC) and is expecting the lenders’ feedback in a few days, Energy Minister Giorgos Lakkotrypis said recently.
The Price Index of Construction Materials for the period January-November 2015 recorded a decrease of 2,58%.
Industrial turnover recorded an annual decrease of 3.4% between January and September 2015.
A Cyprus Chamber of Commerce official has said that the investment by Chinese nationals in properties has helped the construction sector of Cyprus spring back.
The recent deal between Turkey and Israel, which could lead to normalised relations between the two nations since they soured in 2010, could have a positive impact on Cyprus’ own natural gas export plans.
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