During a House finance committee meeting, Deputy Tourism Minister Costas Koumis revealed projections of record-breaking revenue close to €3 billion from tourism in 2023, while presenting the deputy ministry’s budget for 2024.

The Deputy Ministry of Research, Innovation, and Digital Policy has set its sights on positioning Cyprus as a dominant force in research, innovation, entrepreneurship, and high technology.

In a groundbreaking development reflecting the International Maritime Organisation’s (IMO) commitment to gender equality, Despina Theodosiou, a notable figure in the Cypriot shipping industry, has been honoured with the inaugural IMO Gender Equality Award.

Alpha Bank Cyprus on Friday announced that it expanded its product range by offering a new deposit interest rate of 2.75 per cent annually for deposits exceeding €100,000.

The countdown to a new destination has begun, with workers at Trilogy putting their final touches on the plaza exteriors, the landscaping, and the tower facades.

The European Commission this week projected a significant 30 per cent decrease in Cyprus’ public debt, as a percentage of its Gross Domestic Product (GDP), by the end of 2024.

Scope Ratings, a German rating agency, this week upgraded the long-term rating of the Republic of Cyprus from BBB to BBB+, maintaining a stable outlook for the Cypriot economy.

Hellenic Bank has announced robust financial results for the first nine months of 2023, posting an after-tax profit of €240.7 million, primarily attributed to increased interest income derived from placements with Central Banks, other financial institutions, and debt securities.

The capital of Cyprus joined the map of innovative European cities, following the direction for smart and sustainable cities, President Nikos Christodoulides said on Monday, at the inauguration of the project “Development of Smart City Infrastructure and Systems” of Nicosia Municipality, in the framework of “THALIA 2021-2027” project.

The Cyprus Shipping Chamber (CSC) has released a statement welcoming the launch of the one-stop shipping centre at the Deputy Ministry of Shipping, effective from November 20.