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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 ...
The board of the Bank of Cyprus (BoC) announced the appointment of John Patrick Hourican as the bank’s new CEO.
MIT researchers have warned Cyprus to think carefully before investing a substantial amount of money in a rather unpredictable resource like natural gas, noting the “large amount of uncertainty” surrounding the rapidly changing global gas market.
The two negotiators in the peace talks have agreed to visit the capitals of Greece and Turkey for talks by the end of this month, Turkish Cypriot negotiator Osman Ertug said.
Tourist arrivals rose 6.7% year-on-year in September, the statistical service has announced, as total arrivals in the first nine months were down by around 3.0%.
Energy minister Giorgos Lakkotrypis has confirmed media reports that he has floated a plan for joint exports of natural gas with Israel via a facility in Cyprus.
The single casino licence which the government intends to issue will apparently provide for an integrated resort in one district plus two more branches, or “satellite casinos” in two other districts.
Cyprus’ banking sector is expected to show further losses in 2014 as the economy worsens and banks book rising non-performing loans, but the sector is adequately capitalised, the head of its Central Bank (CBC) has said.
Cyprus expects to lift almost all currency controls early next year, although restrictions will remain on individuals shifting funds out of the country, Finance Minister Harris Georgiades has said .
The Cabinet has approved modifications to the articles of association of the national oil and gas corporation, the Cyprus National Hydrocarbons Company (CNHC).
China is becoming increasingly interested in Cyprus and the potential is “huge,” the head of the Cyprus-Chinese Business Association said yesterday.
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