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The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land Development Survey.
The Research and Innovation Foundation (RIF) this week commented on the latest results from the European Innovation Scoreboard 2024, which once again reaffirms Cyprus’ progress in the field of innovation, classifying it as a Strong Innovator for the third consecutive year.
The Cyprus Investment Funds Association (CIFA) on Friday expressed satisfaction with the increase in Assets Under Management (AUM) of Cypriot investment funds.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
Foreign investors will reportedly be returning to the island to further discuss plans for a multi-billion leisure project in Yeroskipou, Paphos.
Bailed-out Bank of Cyprus is reviewing its restructuring plans in a move that could result in billions of euros of its troubled assets being put into a 'bad bank', says its chief executive John Hourican.
The Energy Minister holds his first meeting with the new board of DEFA making it clear that its priority must be the advent of natural gas for electricity generation.
The Cabinet approves a mechanism to issue executive decrees relating to the privatisation of semi-government organisations (SGOs), on the basis of a road map approved in December 2013.
Wizz Air, the largest low-cost airline in Central and Eastern Europe announces a new route from Vilnius, Lithuania, to Larnaca from June 2014.
The Finance Minister says the country had made progress in paying back its debt one year on from its €10 billion bailout.
Bank of Cyprus's €225 million sale of its Ukrainian bank is on track to happen within weeks, assures Chief Executive John Hourican.
Academics representing 12 organisations from six countries, including Cyprus, are researching the production of liquid biofuel from microalgae in the Mediterranean.
Asbis Romania, the Romanian subsidiary of Cypriot distribution company IT&C Asbis, launched the Prestigio MultiPhone 7500 smartphone.
Minister of Communications and Works says that the Cyprus Ports Authority (CPA) will remain the supervisory and regulatory authority over Cypriot ports and the state will continue to have a say and a role to play.
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