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Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength and its importance to the island’s economic performance.
The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President Nikos Christodoulides said on Monday.
Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to promote the country’s shipping and maritime technology sector internationally.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Eurobank EFG Cyprus has reported a profit of €17,3 million in the first half of 2015 despite the negative developments in Greece.
The Central Bank of Cyprus (CBC) has set targets for the banks in an attempt to increase the volume and improve the quality of debt restructurings.
One of the challenges that businesses face is determining the best way to recruit: through an internal or external recruitment process. GRS assesses the pros and cons of each approach.
Talks aimed at a framework deal to sell Cypriot offshore gas to Egypt are ongoing, despite the recent discovery of a massive gas find in Egyptian waters, energy minister Giorgos Lakkotrypis reiterated recently.
Israel’s Delek Drilling is committed to developing the Aphrodite gas field, its CEO said recently, in line with its strategy of supplying the Cypriot and Egyptian markets with natural gas fast and efficiently.
UK gas giant BG Group PLC is in discussions with the Cyprus government to buy natural gas for its Idku plant in Egypt, Energy Minister George Lakkotrypis announced recently.
The discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel or Cyprus, Egypt’s petroleum minister said recently, playing down fears that potential deals could be under threat.
There are seven local banks operating in Cyprus.
According to Cyprus Securities and Exchange Commission’s (“CySEC”) announcement dated 9th of July 2015, the process starting from the date of granting the authorization of anew firm until the date of its activation, is as follows:
The following developments have taken place with regards to Cyprus' DTT network:
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