Famagusta businesses seeking government incentives
‘We have the right to develop at the same pace as other districts’ By Kyriacos Nicolaou The state should provide the necessary incentives so that...
Cyprus Business News
Paphos tourism sector targets Baltics to boost seasonality
Paphos regional board of tourism (Etap) representatives, along with a group of Cypriot hoteliers from the district, visited various Baltic countries this week, in order...
Cyprus Business Now
Deputy Minister of Tourism Kostas Koumis this week announced that the Cabinet of Ministers has decided to establish a new tourism promotion agency, with the...
Cyprus’ energy conundrum
By Charles Ellinas Energy Minister, George Papanastasiou, initiated a debate around natural gas immediately following his appointment. In line with government goals, he has prioritized...
American university students visit Limassol port
Students from the University of Pittsburgh had the opportunity to tour the facilities of Eurogate Container Terminal Limassol Ltd during a visit to Cyprus this...
Cyprus shipping minister praises close relations with India
In a recent working meeting between Cyprus and India held during the Best Invest Congress in Limassol, Marina Hadjimanoli, Deputy Minister of Shipping, emphasised the...
Cyprus tourism revenue soars — British and Israeli tourists lead the way
Cyprus’ tourism revenue experienced a remarkable increase of 41.5 per cent in March 2023, according to a report released on Friday by the state’s statistical...
Government generates €291.9 million in first quarter surplus
Cyprus’ general government generated a surplus of €291.9 million in the first quarter of 2023, equivalent to 1 per cent of GDP, according to a...
Cyprus Business Now
Cyprus’ annual inflation rate in May decreased to 3.01 per cent, continuing its downward trend for the seventh consecutive month, mainly driven by a deceleration...
Cyprus first quarter GDP grows to €6.2 billion
Cyprus’ Gross Domestic Product (GDP) for the first quarter of the year amounted to €6.2 billion, marking a 3.4 per cent increase on an annual...
