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Inflation in Cyprus continued to decline on an annual basis for the fifth consecutive month in September, according to figures released this week by the Cyprus Statistical Service (Cystat).
The Central Bank of Cyprus (CBC) has released new data on average interest rates and loan volumes for August 2025, highlighting a slowdown in lending activity and contrasting trends in borrowing costs across different sectors.
Cyprus’ tourism sector in 2025 is expected to perform similarly to the levels recorded in 2024, according to the president of the Cyprus hoteliers association (Pasyxe) Thanos Michaelides.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
The Cabinet has green-lighted government guarantees to the European Investment Bank (EIB) to the tune of €105m to finance small and medium sized businesses and middle capitalisation companies.
The Chambers of Commerce and Industry of Nicosia and Kiev have signed a memorandum of cooperation.
The Cyprus Airways (CY) board is preparing a plan to make the ailing company viable, Transport Minister Marios Demetriades said recently, but the government will not pour any more funds into the company.
A total number of 2,300 persons were granted Cypriot citizenship in 2012 according to data released recently by Eurostat.
The InterContinental Aphrodite Hills Resort Hotel has won 'Cyprus Best Golf Hotel’ and the Aphrodite Hills Golf has won 'Cyprus Best Golf Course' at the first-ever World Golf Awards 2014 ceremony which took place on 15th November 2014 in Algarve, Portugal.
Property prices continued to fall in the third quarter of 2014, with year-on-year values dropping by as much as 4-6%, according to the RICS Cyprus Property Price Index.
Professional associations and construction sector unions have banded together in an attempt to help revive the industry, hard hit by the island’s financial crisis.
Hotel prices in Cyprus have fallen the most in Europe for November 2014, according to a top international hotel price comparison website.
The reserve estimate for the Aphrodite natural gas field offshore Cyprus has been raised by 12%, and most of the gas is likely to be exported, Israeli firms involved in the project said.
Energy Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis says there are significant signs of restored confidence in Cyprus' economy.
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