The Department of Digital Innovation and the Institute For the Future (IFF) of the University of Nicosia (UNIC) are happy to announce the UNIC Open Metaverse Initiative, a new comprehensive initiative focused on the academic, research and policy issues relating to the metaverse, with a particular emphasis on open public systems and standards.

On 15 October 2021, the Minister of Finance of the Republic of Cyprus, Mr. Konstantinos Petridis, has given a Press Conference which marked the launch of the Action Plan for Attracting Companies to Operate and Expand their Activities in Cyprus.

Health Minister Michalis Hadjipantelas on Wednesday assured that the ministry will continue to invest in policies for the prevention, diagnosis, management and treatment of diabetes through the national diabetes committee.

The Cyprus property market is suffering from a misalignment between what is primarily available and what is being sought after by property seekers, a report from independent real estate asset management and advisory firm WiRE has shown.

The Cyprus government and the social partners (trade unions and industrialists and employers) held the first session of the Labour Advisory Body for the adoption of minimum wage by the end of 2021.

The number of registered unemployed saw a big annual drop of 65% in October from 31,487 in 2020, attributed mainly to a thriving hotel, tourism and hospitality sectors, the Statistical Service reported Wednesday.

New consumer loans, mortgages and new loans above €1 million increased in September compared to the previous month of this year, data released by the Cyprus Central Bank, on Wednesday show. Loan and deposit rates presented a mixed image.

The government’s policy priorities remain the same despite the adverse effects of the coronavirus pandemic, Minister of Finance Constantinos Petrides said at the 7th International Funds Summit on Monday.

The biggest challenges in the country’s road to digitisation are the lack of talent and professionals and mentality, Innovation and Digitisation deputy minister Kyriacos Kokkinos told MPs.

Cyprus has managed to fully vaccinate 66.2% of its population against Covid-19, Health Minister Michalis Hadjipantelas told parliament on Monday.