The Cyprus tourism exhibition is aiming to become an important regional exhibition for both Europe and neighbouring countries, with the exhibition undergoing a revamp in order to achieve this.

National investment promotion agency Invest Cyprus on Thursday announced that it has officially joined the World Association of PPP Units & Professionals (WAPPP).

The House of Representatives recently passed a law amending the Paid Annual Leave Law, which effectively allows employees to benefit from paid annual leave from the first day of their employment.

Tourist arrivals to Cyprus increased by 61 per cent during the first quarter of 2023, according to the Cyprus Statistical Service.

Agriculture Minister Petros Xenophontos is in Stockholm to participate in an informal meeting of environment ministers, taking place April 18 to 19.

A tender with an estimated value of €2 million for the preparation of a modernised bill and regulations covering the outdated companies’ law was  announced by the finance ministry on Tuesday with the aim of improving business and the competitiveness of the economy.

Nicolaides told the Cyprus News Agency that a meeting was held at the municipal hall of Limassol to discuss the matter.

Energy Minister George Papanastasiou on Thursday floated the idea of importing natural gas quantities from reservoirs in Cyprus’ exclusive economic zone, to be used for power generation, coupled with exports of liquefied natural gas (LNG) via a small terminal on the island.

Cyprus’ economy will grow by 2.5 per cent this year as both inflation and unemployment recede, according to the latest forecast from the International Monetary Fund.

The American University of Beirut (AUB) will admit its first students in September with the opening of a campus in Paphos, the finance ministry announced on Tuesday.