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Cyprus shipping further strengthened its position as one of the island’s most important economic sectors in 2025, contributing around 7 per cent of GDP, approximately €1.9 billion, according to the Cyprus Shipping Chamber’s (CSC) annual report.
Cyprus Airways and flydubai have announced the launch of a new interline agreement, aimed at strengthening international connectivity and offering passengers seamless access to an expanded network across the Middle East, Asia and Africa.
The European Union saw a modest monthly recovery in construction output during March 2026, according to a report from Eurostat.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The Association of Certified Anti-Money Laundering Specialists (ACAMS) announces its investment in supporting the professional AML and financial crime prevention sector in Cyprus.
Development expenditure is up by 12% for 2016 in the budget of the Ministry of Agriculture, Rural Development and Environment.
The new local airline Tus Air is expected to start flying soon, according to Transport Minister Marios Demetriades.
The Cyprus government sold €100 mln worth of 13-week Treasury Bills on November 1 2015, with the Finance Ministry’s Public Debt Management Office saying that bids were six times oversubscribed, pushing yields further down.
A Troika delegation (IMF, EC, ECB) returns to Cyprus on November 3 2015 for the eighth evaluation of the island`s adjustment programme which ends on March 31, 2016.
Cyprus ranks in the top three destinations for a new and growing breed of global tourist – the solo traveler – according to a study by tourism professionals, and Paphos is making it a top priority to attract as many as possible.
Israel’s Delek Group has accepted a request by the Cyprus Natural Gas Public Company (DEFA) to postpone the period of validity of a proposal for the supply of natural gas to Cyprus via pipelines until December 18, 2015, it said.
Cyprus and the European Investment Bank (EIB) recently signed a €100-million loan for supporting key infrastructure investments in Cyprus.
Cyprus has no plans to extend the bailout programme when it expires in early 2016, Finance Minister Harris Georgiades said at The Economist Summit, but nor will it try to exit early.
Cypriot banks faced with a mountain of non-performing loans have managed to cut their number considerably through restructuring, Finance Minister Harris Georgiades said recently.
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