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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 ...
The economy is showing positive prospects and tangible results, Finance Minister Harris Georgiades said recently, but added that efforts to turn it around had to continue.
Direct tax revenue in the first eight months of the year fell 2% to €1.17 billion compared to the same period in 2013, the tax department said recently.
Cyprus’ trade deficit in the first seven months of 2014 increased by €137 million or 7.6%, reaching around €1.9 billion compared with €1.8 billion in the corresponding period of 2013.
The first fuel tanker is expected to dock at VTT Vasiliko Terminal in mid November 2014, marking the operation of a project that aspires to place Cyprus at the centre of the fuel transport routes.
Property sales displayed a new increase in September 2014, albeit in the shadow of concerns of the repossessions bill.
Banks in Cyprus have received positive news from Germany with regards to the first indications of how the island’s biggest financial institutions will cope with the upcoming ‘stress tests’.
The main issues faced by small and medium sized enterprises (SMEs) in Europe were discussed during the 3rd SME Assembly that took place in Naples, Italy, from October 1 to 3, 2014.
American entrepreneur Wilbur Ross described former Deutsche Bank boss Josef Ackermann, whom he has just nominated as chairman for the Bank of Cyprus, as being “uniquely positioned” to lead the bank in tackling strategic issues.
The Council of Ministers approved the Memorandum of Understanding for cooperation in the sector of energy between Cyprus and Jordan.
Another fundraising deal was recently concluded by the Cyprus Business Angels Network, with several of its members investing in a promising Cypriot start-up.
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