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Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an international audience at the 10th International Funds Summit & Expo in Nicosia, presenting the island’s unique advantages, including financing schemes and incentives for global investors.
The Cyprus government recorded a reduced deficit of €39 million in the second quarter of 2024, marking a sharp improvement from the €260.8 million deficit reported for the same period last year.
Cyprus and Egypt are set to deepen maritime collaboration through a joint commission, established during Deputy Shipping Minister Marina Hadjimanolis’ recent visit to the country.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
The process of submitting applications to register establishment in the register of self-service accommodation continues with great interest.
The Cypriot government will take a political decision this week on a proposal to start administering third Covid-19 vaccine doses ahead of the flu season in response to the Delta variant threat that emerged sooner than expected during the summer.
Revenue from tourism in June 2021 reached €135.8 million compared to €6.7 million recorded in June 2020, when there was a ban of entry to the Republic of Cyprus on several categories of persons, including tourists to prevent the spread of Covid-19.
More incentives to encourage people under 30 to vaccinate, such as cars and ipads, were announced on Monday by Tech Island NGO.
The Ministry of Health announced on Monday a re-evaluation of the epidemiological situation in various countries as regards Covid-19.
Once-neglected, Larnaca is attracting new investments in tourism development with another upscale hotel project destined on the seafront near the airport.
After seven years of languishing in EU corridors, halloumi will hit the market in October as a bonafide product of protected designation of origin (PDO).
While public reaction to the island’s first smart traffic light system at the busy Ayia Fyla roundabout in Limassol has been mixed, the transport ministry is delighted, saying it has cut journey times by 50% overall.
Up until Saturday, 78.2% of people in Cyprus had received one Covid jab and 73.8% were fully covered, the health ministry said on Sunday.
Despite the summer’s end, Cyprus tourism stakeholders are preparing for late passenger traffic powered by tourists arriving from non-traditional markets.
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