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The Research and Innovation Foundation (RIF) has received a record 284 proposals for its PRE-SEED programme, highlighting growing interest in creating and developing startups with international ambitions in Cyprus.
Cyprus’ property market continued to grow in August, with sale contracts reaching 13,288 during the first eight months of 2026 and activity staying above last year’s levels in every month so far.
Cyprus’ economy expanded by 3.3 per cent in real terms year on year in the second quarter of 2026, according to a report from the Cyprus Statistical Service (Cystat).
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The Cyprus Tourism Organisation (CTO) said recently that prospects for sports tourism in 2016 were on an upward trajectory.
Russian business continues to be strategically important for Cyprus, the Finance Minister and other speakers said during a recent conference on the future of Cyprus for Russian business.
The International Monetary Fund said that it expects Cyprus’ economy to grow 1.5% in 2016, after expanding 1.4% in 2015, before growth accelerates to 2% in 2017.
Larnaca City Council postponed a decision on French energy giant Total’s application to use the MEDSERV company’s facilities in the city’s port for exploratory drilling, which would extend TOTAL’s activities to beyond August 2016.
Participants from 200 cities and 40 counties are attending the Startup Europe Week – Nicosia on February 1, 2016, to learn about the Cyprus entrepreneurship ecosystem, available resources, current trends and opportunities for startups.
As a way of introduction, please be informed that the Central Bank of Cyprus (‘CBC’) has revoked the licence granted to FBME Bank Ltd, Tanzania, on 8/9/2003 to operate a branch in Cyprus, as of 21/12/2015.
A new oversight authority will be set up by the government in order to monitor insurance companies and provident funds, Finance Minister Harris Georgiades told lawmakers recently.
TUS airways, a new airline based in Larnaca, is starting regular flights to Tel Aviv and Haifa on February 14 2016, according to the company’s statement.
Overall loans in the Cypriot banking system rose by a monthly €307.7m to almost €62.8bn in December 2015, outstripping deposits which rose a monthly €203m to almost €46bn, the Central Bank of Cyprus said recently.
The non-performing loan ratio in the Cypriot banking system fell in November2015 to below 46.1% from 48% the month before, which is the lowest since January 2015, the Central Bank of Cyprus said.
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