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The 14th Invest Cyprus International Investment Awards are due to take place on Thursday, July 9, at the Hilton Nicosia to recognise foreign companies that have made significant contributions to the national economy and society.
Cyprus’ industrial sector generated higher value added and recorded a modest increase in employment during 2024, according to figures released by the Cyprus Statistical Service (Cystat), with manufacturing remaining the main driver of growth.
Cyprus recorded a sharp increase in building activity during the first quarter of 2026, with the state statistical service (Cystat) reporting that the number of building permits issued rose by a whopping 44.1 per cent compared with the same period last year.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Cyprus’ heavy reliance on fuel imports is highlighted in the latest report by the World Energy Council.
Makis Constantinides, who was appointed chairman of Cyprus Airways in August 2014, said he submitted his resignation to Finance Minister Harris Georgiades citing frustration over the lack of progress in the restructuring of the loss making airline.
A new centralised data base has been launched, cleaning, filtering, and mapping 145,000 real estate transactions across Cyprus and breaking them down by municipality, property type, and by price band.
Egypt’s petroleum minister said recently his country was speeding up talks with Cyprus to import natural gas for its own domestic use and for possible re-export to other countries.
E-commerce seems to be picking up in Cyprus, with more businesses saying they are taking online orders, according to the statistical service Cystat.
Foreign Minister Ioannis Kasoulides said recently that the government was looking into setting up an escrow account where it could deposit part of the natural gas revenues to be used for future generations.
The Central Bank of Cyprus will investigate how Laiki Bank received emergency liquidity assistance of more than €9 billion, it was announced recently.
Demand for 6-year Cyprus government retail bonds shot up to €27.4m in November 2014, with most of the interest coming from foreign investors.
Cyprus saw its government debt fall in the third quarter of 2014 by €956m to €18.2b after it redeemed part of the bond issued to recapitalise Cyprus Popular Bank in 2012, the Finance Ministry said.
Industrial turnover index in Cyprus was down by 6.4% in the first eight months of this year compared to the same period in 2013, according to data released by the Statistical Service.
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