Cyprus by the Numbers

The Paphos regional tourism board (Etap) announced that a delegation travelled to Israel this week in order to promote the district as a travel destination, particularly in the context of ...

The real estate sector in Paphos experienced a double-digit increase in sales during 2022, with the volume of transactions rising by 31 per cent year-on-year, according to PwC Cyprus’ latest edition of ...

The Association for the Protection of Borrowers (Syprodat) this week said that the new government should engage in dialogue with Cypriot banks in order to resolve the issue of non-performing ...

Increased property availability could help to stimy soaring rental prices The city of Nicosia could have an additional 10,180 apartments, which could alleviate rising rental costs and soaring real estate prices, ...

The Cyprus-Greece Business Association on Monday released a statement congratulating newly elected president Nicos Christodoulides and wishing him “all the best with his challenging task”. In its statement, the association ...

The presidents of the Institute of Chartered Accountants in England and Wales (ICAEW) and The Institute of Certified Public Accountants of Cyprus (ICPAC) on Friday announced that they have signed ...

The University of Cyprus this week announced that five positions have been made available at the KIOS Research and Innovation Centre of Excellence, as part of an undergraduate research opportunities ...

The Association of Cyprus Tourist Enterprises (Stek) on Wednesday announced that a range of free seminars will soon become available to tourism sector professionals. “The Association of Cyprus Tourist Enterprises, ...

APS Group, one of the leading alternative asset management companies in Central, Eastern, and South-eastern Europe, on Tuesday announced that it has acquired a corporate and SME secured loan portfolio ...

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 their bilateral cooperation, particularly in ...

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 to a report released this week by ...

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 Statistical Service (Cystat). According to the report, ...

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 published on Friday by the Cyprus Statistical ...

Net new lending in Cyprus stood at €3.23 billion in 2022, reflecting a 10 per cent increase compared to the previous year, despite the uncertainty created by the war in Ukraine, according to ...

The Association for the Protection of Borrowers (Syprodat) this week called for the creation of a Dispute Resolution Committee, in order to decongest the courts, describing this as “the only ...

European Union cities had the highest housing cost burden in 2021, according to a report published on Thursday by Eurostat, the European Union’s statistical service. In Cyprus, the lowest rate ...

Cyprus’ net Foreign Direct Investment (FDI) position decreased further in 2021, with the dominant partner, both in terms of inward and outward FDI being Russia, according to a report released by ...

The household debt ratio in Cyprus stood at 77 per cent of GDP at the end of the third quarter of 2022, marking a slight decrease compared to the previous quarter, according ...

The overall solvency ratio of the Cypriot banking sector stood at 21.2 per cent at the end of September 2022, its highest level since the Central Bank of Cyprus (CBC) began collecting ...

The Cyprus Securities and Exchange Commission (CySEC) announced that there was an increase in the number of Management Companies and Undertakings of Collective Investments (UCIs) during the third quarter of 2022, ...

The Council for Registration of Real Estate Agents on Monday that Marinos Kineyirou was re-elected as council president. “I am particularly happy because Cyprus’ real estate community, almost in its ...

Petrol station sales in Cyprus marked a decrease of 7.5 per cent in December 2022, compared to the corresponding month of 2021, according to data released on Friday by the Cyprus Statistical Service (...

Deposits in the Cypriot banking system experienced an increase of approximately €590 million in December 2022, with their total balance exceeding €52 billion, according to a report published on Friday by the Central ...

Shipping Deputy Minister Vassilios Demetriades this week provided a summary of the work that has been implemented under his watch, saying that Cyprus’ shipping sector has been making the country ...