Health Minister Michalis Hadjipantela discussed expanding cooperation on liver disorders by signing an MoU between Nicosia General and Royal Free Hospital in London during his visit to the UK.

"Cyprus should be one of the best places in the world to live, work and be active" is the vision on the basis of which the Cyprus Economy and Competitiveness Council presented the new long-term strategy for the sustainable development of the Cypriot economy to the Parliamentary Committee on Financial and Budgetary Affairs, on Monday.

PwC Cyprus on Friday announced during its annual general meeting that it generated record revenues of €83 million during the 2022 fiscal year, meaning the period between 1 July 2021 and 30 June 2022.

Cypriot beverage company Keo this week announced that it generated €1.6 million in profits during the first half of 2022, up from €1.1 million during the corresponding period of 2021.

International creditors will arrive in Cyprus on Monday in a routine post-memorandum check, ensuring the government’s fiscal strategy is not derailed by COVID and the effects of the war in Ukraine.

ECOMMBX, a progressive Electronic Money Institution based in Nicosia, proudly announces that it has concluded a correspondent banking agreement with Citi, the world’s most global bank.

Eurobank Cyprus announced on Friday that it is terminating negative interest rates on deposits held by legal entities.

Cyprus has achieved the biggest improvement in the field of innovation at the European level since 2015, according to the annual report of the European Innovation Scoreboard 2022 of the European Commission.

Kyndryl, one of the world’s largest providers of IT infrastructure services with offices in Cyprus, announced a new digital integration platform that gives businesses real-time access to valuable information around their complex IT infrastructure, and greater control than ever before in the ability to configure its critical functions.

Despite the war in Ukraine and the subsequent international sanctions imposed on Russia, the Central Bank of Cyprus sees no recession hitting the Mediterranean island this year, apart from the rising inflation which is already affecting consumers.