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Despite numerous challenges, the Cyprus real estate market has shown resilience in the first half of 2024, with a notable increase in activity, according to the Cyprus Real Estate Agents Registration Council.
Deputy Minister of Tourism Kostas Koumis is satisfied that the latest figures on tourist arrives indicate they would be at the same levels as 2023, a good year for the industry.
The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land Development Survey.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
The Paphos regional board of tourism is continuing to strengthen the promotion of the area and has prepared an enhanced action plan with a budget of over €480,000, officials said on Tuesday.
The health ministry proceeded with the requisition of four doctors from the private sector in order to help the treatment of COVID-19 patients in hospitals of Larnaca and Famagusta.
Moody’s Investors Service affirmed all ratings and assessments of Bank of Cyprus and Hellenic Bank, including their long-term deposit ratings of B3.
Hellenic Bank announced that key services will be changing from Monday, stating that customers will have to use ATMs for cash withdrawals for amounts less than 500 euros.
The Council of Ministers has agreed to the request from the tourism ministry to continue its mandate of special offers of hotel discounts to permanent residents, the Deputy Minister of Tourism said in a press release on Monday.
President Nicos Anastasiades hinted at further measures to stop the spread of COVID-19 following last weekend’s spike, but the nature and scope of a potential second lockdown remains unknown until his meets with his Cabinet on Wednesday.
The Health Insurance Organization announced that the registration of health providers to the National Health System will be done gradually.
Motor vehicle sales were affected by the pandemic in Cyprus dropping by an annual 18.5% in the first 10 months to October.
Agriculture Minister Costas Kadis on Friday unveiled additional grants of close to €4 million to shore up agricultural producers facing flagging demand as the coronavirus pandemic continues to buffet the tourism sector.
A night-time curfew until November 30 imposed by authorities to flatten the second wave of coronavirus could see hundreds of restaurants and bars facing closure, after surviving lockdown in March.
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