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Total deposits in Cyprus amounted to €54.8 billion in November 2024, according to the newly released Central Bank of Cyprus’ monetary and financial statistics report.
Cyprus has the potential to become a significant supplier of liquefied natural gas (LNG) to the European Union, provided pre-drilling surveys are confirmed, Energy Minister George Papanastasiou has said.
Tourism revenue in Cyprus reached €407.9 million in October 2024, marking a 17.7 per cent increase compared to the €346.5 million recorded in October 2023, according to the Cyprus Statistical Service.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Incentives for the creation of student residences within walled city of Nicosia is another step towards the permanent revitalisation of the area, Interior Minister Nicos Nouris said on Monday.
Cyprus will soon have its first university hospital, as MPs are set to pass the legal framework allowing for the creation of uni clinics and hospitals.
Cyta has announced the completion of the pan-Cypriot 5G mobile network that offers state-of-the-art telecommunications services throughout the country, even in its most remote areas. This makes Cyprus the 1st country in the EU with 100% population coverage.
This summer is looking to be a busy one for Paphos Airport, with 59 destinations in 21 countries connected through flights by 15 airlines that will gradually exceed 250 per week, Transport Minister Yiannis Karousos said on Saturday.
In the last few months, Google searches for tourism-reliant Cyprus topped the respective searches for the island in 2019 when a record 3.97 million tourists arrived for a holiday.
Business owners, entrepreneurs and investors from the Middle East set their sights on Limassol as a second business home location
Cyprus and Estonia share a common outlook on many issues, President Nicos Anastasiades said on Friday continuing his official visit there, where he met Prime Minister Kaja Kallas in Tallinn.
A minimum national wage by law which is expected to be approved by parliament soon and enforced at a later stage has three exemptions, Philenews reported on Friday.
Tourist arrivals to Cyprus in March 2022 amounted to 128,840, with arrivals for the first quarter of the year reaching 244,705, according to data released on Thursday by the Cyprus Statistical Service (Cystat).
New general health scheme (Gesy) agreed regulations also provide an increased number of physiotherapy sessions to people with brain damage and not only, Philenews reported on Friday.
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