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Businesses and organisations from Cyprus and Croatia will come together in Limassol on September 25, 2026, for a business and innovation forum aimed at strengthening cross-border cooperation and creating new opportunities in the blue economy.
Cyprus has broken into Europe’s ten largest video game industries by revenue, with more than 400 companies on the island generating an estimated €3.2 billion from games in 2025.
The Deputy Ministry of Tourism recently launched a public consultation on Cyprus’ National Strategy for the Development of Diving Tourism, inviting stakeholders and the public to submit feedback before the strategy is finalised.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The state and Total recently signed a deal for further exploration works in the island’s Exclusive Economic Zone.
Tourism arrivals rose 12% to 50,709 in February 2015 compared to a year before, mainly on increased arrivals from the United Kingdom, Greece, Israel and France, offsetting a drop from Russia.
Parliament recently voted to ban foreclosures of homes whose owners could not acquire title deeds and could be at risk of losing their property because the developers could not repay their loans or have become insolvent.
Airports’ operator Hermes is conducting a study into how the old Larnaca airport, lying idle for the past six years, could be used, lawmakers heard recently.
Hermes Airports is confident that a plunge in the number of Russian travellers coming and going through its gates, and the collapse of Cyprus Airways, will have minimal effect on its total passengers in 2015.
French giant TOTAL and the Cyprus government are expected to put pen to paper over an amended deal for offshore plot 11 of the island’s Exclusive Economic Zone (EEZ).
The trade deficit narrowed to €94.8 mln in January 2015, compared to €300 mln in December 2014, which saw the past year close at a wider €3.7 bln.
Construction companies want VAT reduced to 5.0% and other incentives in a bid to stimulate the flagging sector.
In a bid to rein in its non performing loans, the Housing Finance Corporation (HFC) will hire additional staff to handle arrears, the organisation’s chairman Loizos Papacharalambous told MPs recently.
US-based Noble Energy will declare gas reserves discovered offshore Cyprus commercially viable by the end of March 2015, the government said recently.
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