#Cyprus

The profitability of the Cyprus banking sector remarkably spiked by an annual 644 per cent in 2023, reaching €1.27 billion. This significant increase was fueled by the high-interest environment, according to data released ...

Refugee estate apartment buildings deemed unsafe over two decades ago still have people living in them, the House refugee committee heard on Tuesday. A static adequacy study was conducted on ...

With women giving birth to 1.4 children, Cyprus falls way below the level of fertility needed to replace the population, which stands at 2.1, the House ad hoc demographics committee heard on ...

Intership Navigation will be investing in digital ship management solutions following a management buyout which led to a strategic partnership with MariApps Marine Solutions Through this partnership, Limassol-based Internship, which ...

The enrichment of Cyprus’ economic model is of vital importance, said the finance minister, Makis Keravnos, stressing that “the bet is to maintain the investment level” which was objective of ...

An “initially positive response” from stakeholders on the issue of using workers from third countries to fill gaps in the labour market is a “step in the right direction”, Labour ...

Disy leader Annita Demetriou said on Tuesday that those who care about the party should be “with us and not against us”. Speaking on the sidelines of a press conference, ...

Kition Ocean Holdings, which is overseeing the Larnaca port and marina revamp, has filed a case against the government for causing delays and breaching contract, it emerged on Tuesday. According ...

Disy had warned the ‘situation’ in Gaza would affect the migration crisis, party leader Annita Demetriou said on Tuesday, as she called for a collective approach within the EU to ...

The appeals court on Tuesday reserved its decision over an 82-year-old grandfather jailed for shooting a man who was attempting to steal electricity cables. The pensioner’s lawyer Maria Neophytou ...

The Cyprus Statistical Service (Cystat) has released a report ‘Registration of Motor Vehicles’ for January-March 2024, highlighting a market where electric and hybrid cars, along with motor coaches, buses, and cargo-carrying ...

The Deputy Ministry of Shipping will participate in the ‘Sea Japan’ international shipping exhibition in Tokyo, from April 10 to 12. In an announcement, it said that ‘Sea Japan’, an international maritime ...

The Amalthea plan, Cyprus’ humanitarian aid corridor to Gaza, is to continue despite Israel’s “reprehensible attack” on aid workers, President Nikos Christodoulides said on Tuesday. Speaking at Nicosia’s 14...

The Great Sea Interconnector project will offer triple benefits to Cyprus, with better energy security, a ‘green mix’ of power generation and cheaper energy for all consumers, the Greek Independent ...

Christodoulos Patsalides was sworn in as Central Bank governor in a ceremony at the presidential palace on Tuesday morning. Patsalides was sworn in by President Nikos Christodoulides and described his ...

The state understands Lebanon’s position and will seek to further the issue of stemming migration flows with allies in the EU, Interior Minister Constantinos Ioannou said on Tuesday. Speaking ...

Minister of Agriculture, Maria Panayiotou, praised the economic value of the wine industry and revealed plans for global promotion through international events and financial support. She highlighted the government’s ...

A British Royal Navy vessel was on Monday reportedly en route to the Eastern Mediterranean, tasked with supporting the maritime humanitarian corridor being set up to carry critical aid from ...

Charges are to be introduced for people using park and ride services, Transport Minister Alexis Vafeades said on Monday. The service, which was free at the point of use when ...

The services sector performed very well in 2023 said the Employers and Industiralists Federation (Oev), with significant improvements registered in several key areas. Notably, the indicators for accommodation and catering services ...

In March 2023, total beer shipments experienced a notable increase, rising by 10 per cent year-on-year. This growth was primarily driven by domestic shipments. According to the data from the Cyprus Statistical ...

President Nikos Christodoulides and Lebanon’s Prime Minister Najib Mikati on Monday discussed ways to improve the effective management of migratory flows from Lebanon to Cyprus during a meeting in ...

The management of Greece’s Independent Power Transmission Operator (Admie) will be in Cyprus on Tuesday to hold talks with representatives of the energy ministers of Cyprus and Israel. They ...

Architects and engineers involved in the construction of a monastery at the environmentally protected Natura 2000 site in Cape Greco will appear before a disciplinary board, it emerged on Monday. Cyprus’ ...