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The updated development plan for the Aphrodite gas field is moving “in the right direction” President Nikos Christodoulides said on Monday, while sources suggested the government would be issuing its response in two weeks.
The Bank of Cyprus completed approximately 41 per cent of its maximum share buyback programme value by the end of August, according to an announcement by the bank.
The Cypriot economy grew by 3.6 per cent in the second quarter of 2024, compared to the same period in 2023, according to a report released this week by the Cyprus Statistical Service (Cystat).
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
The Tax Department is trying to classify events and performances of a cultural nature in a bid to cover gaps that lead to loss of state revenue, Phileleftheros reports.
Cyprus economic growth is expected to decelerate in 2020, with real GDP dropping from 4.1% in 2018 and 3.4% in 2019 to 2.8%, due to faltering confidence, risks related to bad loans and rising state payrolls, the University of Cyprus Economics Research Centre forecasts.
The Transport Ministry has launched a scrappage incentive scheme to encourage Cypriot motorists to replace their old high-emission bangers with new eco-friendly cars, preferably electric ones.
President Nicos Anastasiades on Tuesday gave instructions for an info centre from where the public can learn about the government’s housing policy and who can benefit from it to be set up.
Turnover Volume Index of Retail Trade in Cyprus has marked an increase in a monthly and annual basis, according to the official Statistical Service.
Cyprus has become a member of the international Mars Society, which seeks to promote the exploration and colonization of the planet.
The island’s two largest lenders, Bank of Cyprus and Hellenic Bank, actively pursuing sales of €4 billion of bad loans would improve their asset quality metrics, accelerating the derisking of their balance sheets, a credit positive, said Moody’s.
The Cabinet on Monday approved a proposal by the health minister for the extension of overtime work in state hospitals until the end of May to reduce patient waiting lists in some specialties.
The cabinet approved a national strategy for Artificial Intelligence (AI), the Communications Minister Yiannis Karousos announced on Monday.
A procedure will be followed at Cyprus airports to identify travellers coming from China or those who have travelled to China in the last two weeks in order to deal with any cases of coronavirus.
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