Invest Cyprus, the national investment promotion agency, has successfully held two events in Amman and Beirut focused on attracting tech companies to Cyprus. In addition, it has hosted another event in Cairo focusing on attracting family offices, weal…
Wholesale trade turnover value up 16% in Q4 2022
The Turnover Value Index of Wholesale Trade during the fourth quarter of 2022 recorded an increase of 16% compared to the corresponding quarter of the previous year, according to data released on Wednesday by the Statistical Service of Cyprus. For the…
Sir Stelios Haji-Ioannou awards ten winning teams at the 2023 Bi-Communal Awards for Business Co-operation
Founder and president of the Stelios Philanthropic Foundation, Sir Stelios Haji-Ioannou, awarded 10 bi-communal teams, consisting of 10 Greek Cypriot and 10 Turkish Cypriot business people, who stood out in the ‘Stelios Bi-Communal Awards for Business…
Larnaca and Limassol the cities with the highest use of methamphetamine in Cyprus, according to a European study
Larnaca and Limassol are the cities with the highest use of methamphetamine in Cyprus according to a Wastewater analysis and drugs – European multi-city study, that was conducted in more than 100 cities. Moreover, there is an increase in the use of co…
CCLEI down 0.9% in February, indicates slowdown of Cypriot economy but no recession
The Cyprus Composite Leading Economic Index1 (CCLEI) recorded a year-over-year decrease of 0.9% in February 2023, following the year-over-year decreases of 3.1% in January, and 3.7% in December 2022, according to recent and revised data. According to …
The goal is to increase tourist arrivals by 5% to 10%, Cyprus’ Deputy Minister of Tourism says
Cyprus’ Deputy Minister of Tourism, Kostas Koumis on Wednesday, said the goal was increasing tourist arrivals in 2023 by 5% to 10% compared to 2022. Speaking at the annual conference of the Association of Tourist Enterprises (ACTE), he said that they …
Dam levels worrisome, this is a drought year Water Development Department official tells CNA
The capacity in Cyprus’ dams has reached 69.4% compared to 89.1% last year, according to updated figures by the Water Development Department. The department’s deputy Director Lia Georgiou said that these figures are alarming because only 202 million c…
Cyprus President satisfied from his meetings with top EU officials
Cyprus President Nikos Christodoulides said he was satisfied from his meetings on Wednesday with Commission President Ursula von der Leyen, European Council President Charles Michel and European Parliament President Roberta Metsola, in Brussels. In st…
‘No plans’ for direct flights to Turkish occupied part of Cyprus, says UK Minister for Europe
The UK Government ‘has no plans to authorise direct flights between the UK and the north of Cyprus’, Minister for Europe Leo Docherty said in response to a written parliamentary question. Reiterating London’s position on the matter, Docherty added tha…
Cyprus’ solidarity with Turkey shows that we can build trust, Metsola said before meeting with President Christodoulides
The solidarity shown by Cyprus towards Turkey after the devastating earthquakes that hit the country in February ‘is proof that we can build trust’, President of the European Parliament, Roberta Metsola, said on Wednesday, before her meeting with Cypr…
Council of Europe experts urge Cypriot authorities to further promote instruction of Armenian and Cypriot Maronite Arabic
Cypriot authorities are encouraged to further promote the teaching and study of the Armenian and Cypriot Maronite Arabic languages and culture, said the latest evaluation of the Implementation of the Recommendations for Immediate Action, contained in …
Nicosia Mayor Yiorkadjis is taking part in the European Commission’s First European Innovation Days in Silicon Valley
Nicosia Mayor Constantinos Yiorkadjis, is taking part in the European Commission’s First European Innovation Days in Silicon Valley, held from March 21st to 22nd. The events feature Mariya Gabriel, European Commissioner for Innovation, Research, Cultu…