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The Cyprus Chamber of Commerce and Industry (Keve) has released a statement reviewing the outcomes of a major business forum held in Nicosia earlier this week, where Cyprus and Chna explored opportunities to expand bilateral trade, attract investment and develop business partnerships.
Cyprus businesses will need to invest more, improve productivity and turn research into commercially successful products if they are to compete internationally, with employers warning that the ability to adapt quickly to new technologies will increasingly matter more than company size.
Invest Cyprus CEO Marios Tannousis outlines how greater access to growth capital, international partnerships and skilled talent can help turn the island into a hub for globally competitive startups
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
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.
Bank of Cyprus CEO, John Hourican is remaining in his position until his replacement is found, a process expected to be completed by January 2016.
Economic sentiment improved in October 2015 with the Economic Sentiment Indicator (ESI) rising by 0.7 points, according tothe Economics and Research Centre of the University of Cyprus (CypERC).
Investor interest has been very strong for Imperial Residences – a hamletof luxurious properties designed by acclaimed real estate developer, Aristo Developers.
RCB Bank has been awarded the prestigious Best Bank in Cyprus distinction at the 2015 Global Banking & Finance Awards.
Manufacturing output rose an annual 3.8% in August and 2.1% in the first eight months of 2015, the statistical service said.
Transnational synergies in the eastern Mediterranean could turn the region into a gas hub, according to Italian energy giant ENI, the company that discovered an estimated 30 trillion cubic feet of gas off Egypt’s coast.
Cyprus bailout program is working well and the country makes progress under that program, a spokesperson of the IMF stressed recently.
Energy Minister Yiorgos Lakkotrypis saysthere is as yet no way of knowing if Egypt’s recently discovered Zohr offshore super giant natural gas field extends into Cyprus Exclusive Economic Zone (EEZ).
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