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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 ...
Cyprus industrial production continued to decline in October, recent data released by the Statistical Service of Cyprus shows.
Cyprus Chamber of Commerce and Industry Chairman (CCCI) has called on everyone to support entrepreneurship so that Cyprus can ride out the stifling economic crisis.
The Embassy of Greece in Cyprus is organising a series events to mark the Hellenic Presidency of the Council of the European Union during the first half of 2014.
Dr Marios Clerides’ appointment as General Manager of the Cooperative Central Bank has been confirmed by the Central Bank of Cyprus.
The amount of €241 million, contractually due to be paid by China Glory International Investment Group (CGIG), for the purchase of the Venus Rock Golf Resort in Ha Potami, has yet to be received, Cyprus construction giant Aristo Developers Ltd said.
A number of changes to the social insurance law come into effect as of 2013 to fulfill Cyprus’ obligations deriving from the Memorandum of Understanding, says Director of the Social Insurance Services.
The year 2012 observed an increase in the use of information technologies in enterprises and households in Cyprus as well as by individuals according to recent findings published by the Cyprus Statistical Service.
Cyprus' deficit fell by €147.81 million at the end of November, down to 3.63% of Gross Domestic Product (GDP), from 4.16% in the corresponding period of 2012, based on recent data released by the Ministry of Finance.
The economic sentiment index improved by 0.9 points from the previous month in December due mainly to an improvement in the business climate within the retail trade, the manufacturing and construction sectors, as well as among consumers.
The 633 former Bank of Cyprus (BoC) employees who accepted voluntary redundancy in August gather outside the bank’s headquarters to protest against the failure to release their provident fund compensation.
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