July this year saw a further decline of unemployment in Cyprus to 7% (or 31,000 persons, down from 7.2% (32,000 persons) in June and 8.3% (36,000 persons) in July last year, Eurostat figures showed.

A 2.2% increase in industrial production was seen in the first six months of 2019, the Statistical Service said on Thursday.

New financial products that will dramatically alter the investment landscape for US expats living in Cyprus and across the globe have been launched.

Melco has announced new career opportunities at the Cyprus Casinos satellite located in Paphos, the last of the four to open and is scheduled to begin operations by the end of 2019.

EY is pleased to announce that Charalambos Prountzos, Partner and Head of the EY Law practice in Cyprus, has been appointed Law Leader of the Central, Eastern and Southeastern Europe & Central Asia (CESA) region, effective July 1st, 2019.

The cabinet announced recently it has budgeted €22 million for new measures to reduce greenhouse gas emissions to meet EU objectives in tackling climate change.

S&P Global Ratings in its annual report on RCB Bank, confirmed its 'BB-/B' long and short-term counterparty credit ratings with stable outlook.

Cyprus is one of the eight countries in Europe totally dependent on oil imports for its consumption, according to a new Eurostat report.

Bank of Cyprus said recently it generated a €97m net profit in the first half of the year and €2m in the second quarter, as it officially announced the change of its top management.

Cyprus expects to start importing natural gas for power production in late 2021 if its complex tender procedure goes according to plan.