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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 ...
The government aims to boost the Cyprus shipping registry, President Nicos Anastasiades said recently, adding that this requires a continuous upgrade of services offered by the public sector and of security standards on board Cypriot-flag ships.
The Ministry of Agriculture will launch in January 2015 an invitation to Local Authorities to submit proposals for funding their integrated waste management policies, while at the same time, Cyprus is among the member states of the EU with the highest per capita waste production.
Moody's ratings agency said Bank of Cyprus’ (BoC) successful capital raise was a positive step towards the lender’s regeneration, but it continued to face challenges with rising non performing loans (NPLs).
The financial crisis in Cyprus has led to a drastic decrease in the volume of business of local Small and Medium Enterprises (SMEs) and the primary concern of local SMEs during 2013 was to survive, according to the European Commission Annual Report on European SMEs.
A luxury hotel complex worth over €80 million will be built on the coastal front of Finikoudes in Larnaca, following recent approval by the town’s municipal council.
GRS, the largest recruitment agency in Cyprus, has been granted the first license to provide temporary workers on the island under the Temporary Workers Act 2012.
Consumer prices fell an annual 0.9% in September 2014 compared to an annual deflation rate of 0.7% in August, the statistical service said recently.
Cyprus has made “remarkable” progress in implementing its economic adjustment programme, said new German Ambassador Nikolai von Schoepff recently, heaping praise on the economic achievements of the Cypriot government.
Cyprus, Malta and Greece recently discussed ways to cooperate and promote a common strategy between the three countries in the shipping sector, during the third tripartite meeting in Valetta, Malta.
Cyprus’ central government posted a budgetary surplus of €149.5 million in the first eight months of the year or just below 1.0% of economic output on increased revenue and decreased spending, the Finance Ministry said.
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