The Bank of Cyprus on Thursday announced that it recorded a profit after tax of €21 million during the first quarter of 2022, €13 million higher than the corresponding period of 2021.

A parliamentary committee on Thursday debated an amended bill stipulating that applications for strategic development projects in Cyprus should be given the go ahead within 12 months of submission.

Stoked by rising energy costs, the Harmonized Index of Consumer Prices increased by 8.6% in April, from last year, according to data published by the Statistical Service.

The positive year-over-year growth rate of the Cyprus Composite Leading Economic Index continues to slow down in April 2022.

The Cabinet of Ministers on Wednesday announced the approval of a 20% tax cut for research and development projects.

Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos on Tuesday afternoon engaged with the local fintech community, during an event on digital assets, entrepreneurship and financial technology.

The Minister of Transport, Communications and Works, Giannis Karousos, announced today amendments to the Incentive Plan for the purchase of a bicycle in order to allow more vulnerable groups to apply for bike subsidies.

The bi-communal Technical Committee on Cultural Heritage is working on seven new religious conservation projects across Cyprus’ divide, expected to be completed by 2023.

EY announces the launch of the 2022 Better Working World Data Challenge. Now in its third year, the global competition aimed at university students and early career data scientists, is part of the EY organization’s commitment to innovate and use technology to address some of the world's biggest environmental and climate change problems.

Cyprus’ population has grown by 9.2% in the past decade, with Paphos seeing the largest increase in residents, according to the preliminary results of the Census.