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January 2, 2025

Consumers and Businesses Report Satisfaction During Festive Market Period

NICOSIA: Consumers and businesses in Cyprus have reported a positive experience with the festive market, noting robust activity and satisfactory sales levels during the holiday shopping period. According to Cyprus News Agency, the President of the Cyprus Consumers Association, Marios Droushiotis, expressed contentment with the market’s performance. Droushiotis noted that

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Retail Trade Sees Significant Growth in November 2024

NICOSIA: Retail trade in November 2024 experienced notable growth, with a 7.2% increase in value and a 6.3% rise in volume compared to the same month last year. These figures were released by the Statistical Service, highlighting a robust performance in various retail sectors. According to Cyprus News Agency, cultural

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Consumers and Businesses Report High Satisfaction with Festive Season Shopping

NICOSIA: Consumers and businesses in Cyprus have reported high levels of satisfaction with the shopping experience during the recent festive period. This positive sentiment was shared by both consumer groups and business associations, reflecting a successful holiday season for the market. According to Cyprus News Agency, Marios Droushiotis, President of

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Electra Gas Field Developments Show Promise, Expert Suggests Patience

NICOSIA: The recently announced estimates for natural gas reserves at the “Electra” field in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ) are significant, according to energy expert Dr. Charles Ellinas. Speaking to CNA on Thursday, Dr. Ellinas advised patience, as he believes that Exxon Mobil, which holds exploration rights

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