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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.
Deputy Minister of Tourism Kostas Koumis is satisfied that the latest figures on tourist arrives indicate they would be at the same levels as 2023, a good year for the industry.
The added value of Cyprus’ construction sector at current prices increased by 8.9 per cent in 2022, reaching €1.44 billion, up from €1.32 billion in 2021, according to the findings of the Construction and Land Development Survey.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
Cobalt Air, an ambitious Cyprus-based airline, plans to launch commercial operations in early Spring, and it intends to make a splash on arrival, chief commercial officer Michael Hayden said.
Cyprus unemployment tumbled by 10.5% year on year in the third quarter of 2015 according to the latest figures from the Labour Force Survey conducted by the Statistical Service Cystat.
Bank of Cyprus officials have said that the lender has concluded about 80% of is targeted restructuring of non-performing loans and that the aim is to close the year with €1 bln worth of bad loans.
Relations between Cyprus and China could be boosted in a number of economic sectors, Chinese Foreign Minister Wang Yi said, during his recent visit to the island.
The EuroAsia InterConnector, a proposed subsea electricity cable connecting Israel and Cyprus to the European mainland, has moved closer to the implementation stage after the project promoter awarded three studies paving the way for the pre-works phase.
The Cyprus Stock exchange (CSE) has lifted the suspension of the trading of hi-tech company Globo Technologies.
Tourists arrivals rose an annual 33% in November to 108.093 boosted by a more than doubling of Russians visiting Cyprus and a strong increase in arrivals from other major markets, the statistical service said.
Cyprus has signed updated air transport cooperation memoranda with Qatar and the United Arab Emirates (UAE).
The House voted into laws five bills for the Cooperative Central Bank, providing for the recapitalisation of the bank with €200 million.
Cypriot businesses are being offered exhibition space to promote their goods at the World Commerce Valley – Yanjiao, one of the largest trading centres in China that will spread over ten square kilometres.
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