The Research & Innovation Foundation (RIF) on Friday unveiled its revamped innovation vouchers programme, offering €10,000 per project along with free support services to Cypriot small and medium-sized enterprises (SMEs).

The Cypriot economy exhibited its highest growth rate in the last five quarters during the first quarter of 2024, with Gross Domestic Product (GDP) increasing by 3.5 per cent compared to the same quarter of 2023, according to a preliminary estimate by the Cyprus Statistical Service (Cystat).

The Cyprus Property Developers Association (LBDA) marked its 40th anniversary this week, stating that during this time it has emerged as a “dynamic advocate and representative of the land and property development sector”.