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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 ...
Paphos looks set to have a building boom in 2017, based on building permit figures from the Statistical Service (Cystat).
A percentage of 22.2% of young persons in Cyprus were in 2015 neither in employment nor in education or training, according to information issued by Eurostat, the statistical office of the European Union, on the occasion of International Youth Day.
Demand for loans by households and businesses has been on the rise since the beginning of 2015, a trend that is expected to continue in 2016.
According to the Cyprus Statistical Service, the trade deficit was up €648 million in January-May 2016 year-on-year.
The sale of luxury apartments in the Ayia Napa marina has begun, with the first buyers being from abroad.
Former Chief Executive Officer (CEO) of the Cyprus Development Bank, Takis Taoushanis, has been appointed as the new chairman of the Cooperative Central Bank (CCB) according to an announcement by the CCB.
Building permits were up in the first five months of the year, according to figures released recently by the Statistical Service.
Energy cooperation between Cairo and Nicosia, developments on the Cyprus issue and the promotion of business projects were the focal point of recent discussions between Foreign Minister Ioannis Kasoulides and Egypt’s political leadership.
Credit institutions are set to announce their fiscal results for the first half of 2016, with all managing boards hoping for a break from the results of the past five years.
Cyprus is now well into its third year of deflation. According to the EU-harmonised consumer price index, prices fell by 0.4% in 2014, 1.5% in 2015 and by 1.9% in the first half of 2016.
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