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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 ...
Astrotourism is the new travel trend whereby tourists can hike by day and stargaze by night and Cyprus has made concrete steps towards developing it, Philenews reported on Tuesday.
A Greek Cypriot barrister has broken the glass ceiling by becoming the first professional discipline barrister in the UK to achieve silk status.
Cypriots are getting better at managing household waste, particularly when it comes to recycling, but there is room for improvement, waste management company Green Dot said on Monday.
The government wants to exchange expertise with Estonia to benefit from its expertise in the implementation of digital transition projects, deputy ministry for innovation and digital policy Kyriacos Kokkinos said on Monday.
After a two-year break, Ayia Napa municipality is again set to host an international Sculpture Symposium, the eighth in its series, it announced on Monday.
Cyprus’ oldest dairy producer, Charalambides Christis, has quietly taken over the local dairy products market while diversifying its brand.
Car dealers are frustrated with their turnover as they are forced to sit back helpless and watch the market crumble.
As port sanctions were implemented on Russian vessels in the EU, Cyprus offers some hope of normalcy to Ukrainian and Russian seafarers who might have seen their bank accounts frozen.
The EU published a new Directive this month “to promote the use of renewable energy sources by means of reduced VAT rates.”
A bill regulating electric scooters has caused a stir in parliament, as it dictates; they are not driven on roads or pavements, with some MPs claiming the legislation essentially bans their use.
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