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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 ...
The price for flats and apartments fell by 0.4% and 0.3% for houses in the second quarter of 2015, according to the twenty-third publication of RICS Cyprus’ Property Price Index.
A new EU supported programme worth more than €54 million will help nine border regions in Greece and all of Cyprus further develop their local economies.
A Tech Park is in the works just outside Limassol and it is expected to give a big boost to businesses in research, technology and innovation.
The Public Debt Management office, of the Ministry of Finance, announced recently that it received by July 20, 2015, 187 offers for the total amount of €30,055,900 six – year government bonds.
The Cabinet has approved a bill now headed to parliament that will safeguard the rights of borrowers, but also allow banks to sell their portfolios of distressed loans of up to €1 mln to high-risk investors.
Cyprus is still without a doubt a preferred destination for many tourists, where more Russians and Germans are still looking into booking a summer holiday according to Trivago.
Cyprus' economic adjustment programme continues to perform and progress has been made, according to senior European Commission sources.
Cyprus can become a leading medical centre in the region providing first class care to locals and visitors, President Nicos Anastasiades said as he inaugurated the first Robotic Surgery Department at the private Mediterranean Hospital in Limassol.
Cyprus’ international lenders said the government needed to step up the pace of reforms, following completion of their recent review.
Cyprus will in September 2015 proceed with a competitive, non-discriminatory and transparent two-stage procedure to select the single licensee for the Integrated Casino Resort, the government announced recently.
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