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 ...
Finance Minister Harris Georgiades said recently that the latestpreliminary figure of a 3.6% economic growth in Q2 2017 showed that Cyprus’ recovery is “strong”.
The general government generated a fiscal deficit of €138.4m in Q2 2017 after posting a €200.9m surplus in the quarter before, the statistical service said.
There appears to be increasing interest in alternative Cyprus investments with real estate demand from wealthy buyers active, and ranging from the acquisition of top quality houses to office buildings (as an investment, for income), and so forth.
Tourism is particularly important for peripheral economies in the Eurozone, such as Malta and Cyprus, according to new analysis from PwC.
Hoteliers are pleased with hotel occupancy for the holiday period, according to the president of the Cyprus Hotels Association (Pasyxe), Haris Loizides.
Republic of Cyprus budget savings due to borrowing from the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) in 2016 reached 2.1% of GDP (€0.4 billion).
The harmonised consumer price index fell an annual 0.1% in July as cheaper food and beverages and other industrial products offset the impact of higher energy prices, the statistical service said.
The value of transactions completed with plastic money rose 16% in July 2017 to €250.4m compared with the respective month of 2016, JCC Payment Systems said.
Given the prospect of new gas discoveries in Cyprus’ EEZ, it is timely to review recent developments, says Charles Ellinas, energy expert.
Moody’s Investors Service said it expects Cypriot banks to extend the highest amount of new loans in a single year since the 2013 banking crisis, benefiting from a higher demand for mortgages and corporate credit.
<1…640641642643644645646…1130>