Cyprus by the Numbers

The European Commission has approved a €2.7 million scheme by Cyprus to support small and medium-sized enterprises (SMEs) active in the agricultural and livestock production, affected by the coronavirus outbreak. The ...

Despite the ongoing effects of the pandemic Hellenic Bank is still on course to meet its long-term objectives, its new CEO Oliver Gatzke said on Friday as the bank posted ...

Cyprus will be at the EXPO2020 world fair between October 1 2021 and March 31 2022 to share its history and cultural heritage with visitors, promote the island as a tourist destination, advance its ...

Trade union Sek has released a press statement saying that it has been asking for a ‘prudent and comprehensive’ tax reform that will be shaped by dialogue and consultation and ...

The Sewerage Board of Limassol – Amathus (SBLA) signed a contract on Wednesday for the construction of a sewerage system in Palodia, at an estimated cost of €7 million. “Today, with the ...

The Research Foundation’s chairman Nikolas Mastroyiannopoulos announced on Wednesday two new security and defence programmes. The programmes are worth a total of €3 million and are part of Cyprus’ recovery ...

More than €200 million in EU funds has been allocated to improve the competitiveness of Cypriot businesses between 2021 and 2027, but the full absorption of this amount could be endangered by a ...

71 community councils have been exempted from contributing to the construction cost of various small-scale projects amounting to €5.2 million in total. The councils’ contributions will instead be sourced from savings made ...

How RegTech companies can help transform Cyprus into a tech hub For several years, we have been empowering fintech firms with the regulatory technology (RegTech) tools required to drive efficiency ...

Cyprus is working towards an efficient, greener and value-oriented industry sector, Minister of Energy, Commerce and Industry Natasa Pilides said on Monday. “We are one step closer to the industry ...

The Deputy Ministry of Tourism said that this year’s World Tourism Day’s theme of Tourism for Inclusive growth is fully aligned with Cyprus’ national tourism strategy for 2030. “The ...

Lawmakers on Monday began reviewing the government’s request to spend an additional €91 million, the lion’s share of which will go to continuing support to businesses as well as ...

President Nicos Anastasiades praised the resilience of the shipping sector during a dinner hosted by the Cyprus Union Of Shipowners in Athens. Anastasiades underlined shipping’s contribution to the Cypriot ...

Tourist arrivals in Cyprus reached 321,858 in August of this year, reflecting an increase of 208.7 per cent compared to August of the previous (during which 104,261 arrivals were recorded), and a decrease ...

AstroBank appointed two new board members on Friday, September 10. In an announcement released on Thursday, September 16, the bank said that Michalis Sarris and Evi Rossidou have joined the board. Rossidou ...

Deficit spending will be the norm for the next three years, according to finance minister Constantinos Petrides who presented the state budget for 2022 to the council of ministers as well ...

The cabinet has appointed George Theocharides as the Cyprus Securities and Exchange Commission’s (CySEC) new chairman, promoting him from the post of vice chairman, which he held since July ...

Cyprus’ inability to join the group of Schengen countries has adverse effects on its economy, Paphos Chamber of Commerce and Industry (PCCI) chairman George Mais has said. Speaking to the ...

CyprusInno has launched a new coworking space called The Base in Nicosia’s Ledra Palace buffer zone. The centre will not be limited to coworking elements as it wil also ...

The Maritime Cyprus Conference has been postponed due to logistical issues stemming from the coronavirus pandemic and the related precautions and safety measures currently in place for all physical events. ...

The total value of Assets under Management (AuM) of Collective Investments reached a record €10.7 billion in the first half of 2021, data from the Cyprus Securities and Exchange Commission showed on ...

The Ministry of Energy, Commerce and Industry that its recently launched programme to boost Small-to-Medium sized enterprise (SMEs) competitiveness has received 453 applications through the designated system. The number of applications ...

Transport Minister Yiannis Karousos expressed ‘total satisfaction’ with the progress of the Larnaca port and marina redevelopment project after visiting the site on Thursday, September 9. Karousos met with people from ...

The Cyprus-Greece Business Association will take part at the Thessaloniki International Fair which will take place between September 11 and September 19 of this year. The association’s president Iosif Iosif has ...