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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 ...
Cyprus saw its trade deficit widen to almost €3.7 billion in 2014 from €3.2 billion in 2013, on increased imports and declining exports, the statistical service said recently.
President Nicos Anastasiades has expressed his wish to see the implementation of the long-pending National Health Scheme (NHS) during his tenure, noting that the NHS has been the subject of study for several years and the relevant legislation was approved in 2001.
Per capita income in purchasing power parities (PPP) was €23,600 in 2013, the Ministry of Finance said recently in an announcement.
In line with the strategy it announced in 2014, Barclays Bank in Cyprus will be closing international banking accounts held in London, Jersey, Guernsey and Isle of Man, belonging to Cyprus residents and with a balance less than a minimum £100,000.
Home and company deposit and lending rates went up in December 2014 according to relevant Central Bank data, with the businesses rate remaining stable.
A slump in Cyprus’ property market eased slightly in the fourth quarter, a recent industry survey showed, though while prices on much of the island looked to be bottoming out, they fell more rapidly in the capital Nicosia.
The number of real property transactions rose 10% in January 2015 compared to a year ago, the department of lands and surveys said recently.
Building permits fell in January to November 26% in terms of construction area to 0.7 million square metres and 25% in terms of project value to €799.4 million compared to the respective period of 2013, the statistical service said recently.
Technocrats of Cyprus’ Troika of international lenders and head of the Cyprus Securities and Exchange Commission Demetra Kalogirou recently discussed the supervision of companies providing administrative services.
The Cyprus Cooperative sector is considering a reduction in interest rates on home loans, its Chairman said recently.
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