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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 ...
An in principle agreement has been reached to sell The Amathus Beach Hotel in Limassol for €71 million to a new company, according to a recent filing on the Cyprus Stock Exchange.
India has given Cyprus two months to provide information on certain funds flowing from the island before deciding on whether to suspend the Double Tax Avoidance Agreement, according to a top Finance Ministry official.
Despite Fitch Rating's expectation for a downward pressure on covered bond ratings to ease in 2014 due to the stabilisation of sovereign ratings outlooks, most covered bond ratings in Cyprus have a Negative Outlook.
Cyprus and Greece are the only countries in the Eurozone, which recorded a negative inflation in November, according to recent figures by Eurostat.
The Central Bank of Cyprus announced recently that credit institutions are obliged to inform and explain adequately to borrowers experiencing financial difficulties, their rights and duties during the procedure of management of delays and loan restructuring.
Hourly labour costs in Cyprus dropped 7.6% year-on-year in the third quarter of the year, said Eurostat recently.
Cyprus may have hit the jackpot after Noble Energy announces that some 1.5 billion barrels of oil could lie in deep-water strata off the island’s southern coast.
Tourism arrivals dipped 2.9% in November compared to the same month last year despite an increase in Russian and British visitors.
The Cyprus Investment Promotion Agency (CIPA) observes a keen interest among foreign investors in Cyprus, a conclusion emanating from a number of international conferences in Russia, the U.S. and China.
The Cyprus Chapter of the FIABCI International Real Estate Federation has been upgraded to a 'Mediterranean Middle East Multinational Chapter'.
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