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Invest Cyprus chairman Evgenios Evgeniou addressed foreign investors at the 13th Invest Cyprus International Investment Awards in Nicosia on Wednesday, reaffirming the organisation’s commitment to working with the international investment community to build a more diversified and innovative Cyprus.
Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement just released.
Property sales in Cyprus recorded an annual increase of 17 per cent in June, driven by a 44 per cent surge in Larnaca, while Nicosia posted the smallest gain at just 2 per cent, according to data released by the land registry.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
President Nicos Anastasiades recently said he had held “very productive negotiations” with his Russian counterpart Vladimir Putin.
Bank of Cyprus, the island’sbiggest lender that was bailed out by foreign investors who pumped in about €1 bln in 2014, following a near €4 bln bail-in by depositors the year before has reported after-tax profits.
Aristo Developers, Cyprus’ foremost property developer, broadened its global presence in November 2014, by establishing a new Head Office in China, marking another milestone in its Asia business operations.
Local conditions combined with recent EU legislation make Cyprus an attractive target for healthcare investment.
The dependence of Cyprus' banking system on the Emergency Liquidity Assistance (ELA) mechanism and monetary policy operations (European Central Bank – ECB) remained at the same level in January 2015 as in the previous month, namely €8.51 billion.
The government needs to give priority to attracting more investment to the shipping industry, with or without a solution to Turkey’s ban on Cypriot-flagged ships entering its ports, according to the head of the Cyprus Shipping Chamber.
One of the primary goals of his visit to Russia will be to promote tourism, Energy, Commerce, Industry and Tourism Ministry Giorgos Lakkotrypis said recently, ahead of the departure of President Nicos Anastasiades' and his delegation.
The University of Cyprus aims to become completely energy self-sufficient through two solar panel parks, Rector Constantinos Christofides said recently during the launch of the ‘Phaethon’ photovoltaic park.
The Co-operative Central Bank is not waiting around for the implementation of foreclosure legislation and instead is taking the initiative to tackle non-performing loans (NPLs) – which are around 55% – a similar ratio to Bank of Cyprus.
Cyprus Trading Corporation Plc, the island's premier retail company headed by the NK Shacolas empire, announced unprecedented profits of €41.7 m for 2014, boosted by the sale of its airport catering and shops division.
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