Construction costs and high demand push house prices upwards
House prices in Cyprus continued to rise during the third quarter of 2022, primarily due to elevated construction costs and increased demand from both foreign...
Cyprus Business News
Cyprus Business Now
Deputy Minister of Shipping Vassilis Demetriades met with Japanese ambassador Yoshio Yamawaki on Monday, where both sides reiterated that Cyprus and Japan continue to strengthen...
Paphos chamber of commerce pleased with economic performance in 2022
Paphos’ economy performed well during 2022, both in terms of its tourism sector and real estate and market, according to Paphos Chamber of Commerce and...
New algorithmic strategies from Cypriot startup Aieden help traders
Aieden Technologies recently released the Aieden Trendline Breakout and the Aieden Pivot Trendline Breakout Strategies, for the cTrader platform made available for download on their...
Cyprus tourism revenue nears pre-pandemic levels
Cyprus’ tourism revenues for the period between January and November 2022 are estimated to have amounted to €2.3 billion, coming close to pre-pandemic levels, according...
Cypriot airline targets French, German, Italian markets
German company AVIAREPS announced on Friday that it has been appointed to be the General Sales Agent (GSA) for Cypriot airline TUS Airways, representing the...
Analysis: Corruption Perceptions Index
Transparency International has just released its 2022 annual ‘Corruption Perceptions Index (CPI)’ report. It makes grim reading for Cyprus, dropping down the rankings yet again....
Cyprus Business Now
Cyprus’ Industrial Turnover Index recorded an increase of 21.3 per cent year-on-year in November 2022, according to a report released on Friday by the Cyprus...
Inflation falls for third consecutive month
Cyprus’ annual rate of inflation reached 7.1 per cent in January 2023, continuing its downward trend for the third consecutive month. According to a report...
Limassol casino resort expected to contribute massively to Cypriot economy
Melco Resorts & Entertainment Limited, a company that develops, owns and operates integrated resorts across Asia and Europe, announced this week that it hosted President...
