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Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an international audience at the 10th International Funds Summit & Expo in Nicosia, presenting the island’s unique advantages, including financing schemes and incentives for global investors.
The Cyprus government recorded a reduced deficit of €39 million in the second quarter of 2024, marking a sharp improvement from the €260.8 million deficit reported for the same period last year.
Cyprus and Egypt are set to deepen maritime collaboration through a joint commission, established during Deputy Shipping Minister Marina Hadjimanolis’ recent visit to the country.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
President Anastasiades returned from his three-day official visit to Qatar where several bilateral agreements were signed and investment prospects discussed, describing it as a "productive visit".
Making homes energy efficient could boost the economy by up to €2 billion and create 30,000 new jobs, the Technical Chamber (ETEK) argued recently while proposing the creation of a loan fund to shoulder the projected expenses.
The securities and exchange commission (CySEC) decides to extend the suspension of Bank of Cyprus (BoC) shares for a further six months until the end of July.
An Egyptian company has expressed an interest in obtaining a stake in developing the Larnaca marina, a move that could breathe new life into the stalled project.
Total expenditure on health services reached 7,3% of GDP in 2011 recording an increase of 0,2% in comparison to 2010, according to new data released by the Statistical Service.
The Bank of Cyprus (BoC) plans to release within the month some €900m held in fixed-term deposits that were frozen following the lender’s recapitalisation last year.
One in five arrivals in licensed accommodation establishments in Cyprus is a local resident - Cypriot and non-Cypriot - and account for 7.5% of total overnight stays.
Capital controls imposed on the Cyprus banking system in the wake of the eurogroup decision are to be completely lifted in the near future, says President Anastasiades.
Access to cross-border health care and reimbursement rights within the EU were recently discussed in a seminar organised by the health ministry and the Office of the European Parliament in Cyprus.
One agreement and three Memoranda of Understanding (MoU) were signed during the President's recent visit to Qatar, reported by the government as successful in terms of future investments.
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