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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 ...
When it comes to e-commerce Cyprus business is lagging behind most of Europe with web sales below the EU average at only 3% turnover putting it among the bottom four.
Taxation for the first phase of the NHS is due to start on March 1 2019, while the first phase of the system is expected get underway on June 1.
President Nicos Anastasia's will soon receive a delegation of ExxonMobil, headed by its vice president Tristan J. Aspray, to be briefed on the findings in plot 10 of the island’s exclusive economic zone.
Environmental authorities have turned down an application for a golf resort in the Ayia Napa area because of the negative irreversible effects on the natural environment.
An agreement seems to have been reached between Greece’s Marfin Investment Group (MIG) and real estate investment company NBG Pangaea for the acquisition by the latter of the Hilton Cyprus, reports said recently.
Despite recent record years Cyprus’ tourism continues to face great challenges due to geopolitical developments, recession and competition from neighbouring countries, speakers at the 41st annual conference of the Cyprus Hotel Association (Pasyxe) said recently.
The economic sentiment dropped slightly in February 2019 compared with previous month, driven by confidence loss in industry, consumers and to a much lesser degree in retail trade, according to the University of Cyprus Economics Research Centre.
Cyprus has the most expensive mobile broadband in the EU, a European Commission study found.
Cyprus’ investment for passport scheme has lifted the construction sector out of recession, triggering growth and jobs as multi-storey high-rises change the urban landscape.
Cyprus is determined to stick to its energy roadmap despite Turkey’s opposition, with Nicosia going ahead with new exploratory drilling planned for later in 2019.
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