Looking for information related to a business in Cyprus? Visit the Business Directory
The first investments from the Cyprus Equity Fund, established by the Cypriot government in collaboration with the European Investment Fund (EIF), are expected to commence in the autumn, it emerged on Thursday.
The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced important updates related to its anti-money laundering (AML) exams for certified persons.
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.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
Cyprus’ trade deficit recorded an annual increase of €264 million in the first half of 2017.
Commercial real estate worth around €200 million is looking to be off loaded by local banks searching for extra liquidity.
The economy of bailed-out eurozone member Cyprus recorded 0.9% growth in second quarter 2017, official data showed recently.
Cyprus’ economy expanded an annual 3.6% in Q2 2017 compared to the respective quarter last year, and a seasonally adjusted 3.5% on a boost from tourism, trade, and construction, the statistical service said.
The consumer price index dropped 0.2% in August 2017 compared with the respective month of 2016 mainly on more affordable agricultural produce which more than offset higher energy prices, the statistical service said.
The construction area of housing projects that obtained a building permit in the first half of the year rose an annual 36% to 494,724 square meters and their value rose 38% to €482.6m, the statistical service said.
Registered unemployed at the District Labour Offices on the last day of August 2017 reached 31,003.
The number of property transactions rose 27% in August 2017 to 572 compared to the respective period last year mainly on a strong performance of the Limassol property market, the Department of Lands and Surveys said.
September 2017 could be another milestone for Cyprus’ energy plans, as ExxonMobil and Qatar Petroleum consortium is about to announce its exploration programme in Block 10.
Finance Minister Harris Georgiades has said that he is satisfied with the state of the economy, noting that the growth rate in 2017 would reach 3.5%.
<1…634635636637638639640…1130>