Cyprus’ economy expanded by 3.5% in the first quarter of 2019 on an annual basis, racking up 17 quarters of consecutive growth, official data showed recently.

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Cyprus airports has seen a small increase in passenger traffic, giving hope to tourism industry stakeholders that 2019 will not be far off last year’s all-time record of almost 4 million tourist arrivals.

Radisson hospitality is to expand its brand of hotels to the island’s capital, as it moves forward with plans to build the Radisson Blu Nicosia, as the company seeks to enhance its presence in Cyprus.

Demetra Investments Ltd increased its stake in Hellenic Bank from 18.42% to 21.01%, according to a CySEC announcement.

President Nicos Anastasiades said recently that the government will continue to responsibly promote the necessary reforms to the economy that will aid all people.

The deputy minister for tourism Savvas Perdios is to begin a round of contacts abroad to discuss prospects for the coming winter season 2019-2020, and also the current summer season, which as just opened, an announcement said recently.

Only 14% of ICT specialists in Cyprus are women, making the profession a male-dominated one but in some countries it's even worse.

New company registrations fell 7.9% year-on-year in April 2019, 1,077 compared with 1,169, company registrar figures showed recently.

Bank of Cyprus said recently it has generated a €95m net profit in the first quarter of 2019 on tax legislation amendments and adjustments in the sale of non-performing exposures.