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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 ...
Loan restructurings went ahead at a slow and steady pace to reach a total of €7.76 billion by the end of 2015 according to the Central Bank of Cyprus.
Officials from budget airline RyanAir have been in Paphos to look at newavenues of co-operation with the town.
Paphos, as the mythical birthplace of the goddess of love, is increasingly becoming a popular destination for civil weddings, municipalities and tourist agencies said recently.
US firms are keen to invest in renewable energy sources in Cyprus, former secretary of state Madeleine Albright said in Nicosia recently.
Bank of Cyprus (BOC) Emergency Liquidity Assistance (ELA) was reduced by €100 million in March 2016, to €3.3 billion.
Cyprus recorded a zero budget deficit in 2015 according to the latest figures from the Statistical Service, Cystat.
Cyprus recorded a massive improvement in the amount of EU funds absorbed into the island’s Rural Development Project aiming to develop rural areas and production and encourage the creation of more jobs in the farming industry.
The Ayia Napa beachfront will be redesigned on a budget of €6.5m, and will include new walkways, a bike path, playgrounds, piers, beach volley and beach soccer courts, a skate park, and more.
The new under-ministry, or state secretariat for tourism, could be up and running by January 1, 2017 President Nicos Anastasiades said recently.
A Lebanese investor who has purchased land worth €3.5m in Larnaca recently announced plans to invest a further €15m to build luxury apartments on the site.
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