Nicosia: The Board of Directors of the Cyprus International Business Association (CIBA) has declared its active support for the government’s initiatives aimed at enhancing Cyprus’s status as a competitive and reliable international business and invest…
Nicosia: A barometric low system named Erminio is making its impact felt over Cyprus, bringing with it strong winds and thunderstorms. The Cyprus Department of Meteorology has issued a forecast for the sea area of Cyprus, covering an 8-kilometer range…
Cyprus: Cyprus recorded an unemployment rate of 4.2% in February 2026, the same as in January, with the number of unemployed estimated at 22,000. This rate shows a slight decrease compared with February 2025, when it stood at 4.5% with around 23,000 u…
Nicosia: The President of the Republic, Nikos Christodoulides, appears cautiously optimistic about his upcoming meeting with Turkish Cypriot leader Tufan Erhrman on April 6, Government Spokesperson Konstantinos Letymbiotis said on Tuesday. Speaking to…
Nicosia: Cyprus is setting its sights on beginning natural gas extraction from its Exclusive Economic Zone (EEZ) by 2027 or in the first half of 2028, as disclosed by Michalis Damianos, the Minister of Energy, Trade and Industry. This announcement com…
Nicosia: The average hourly labour cost in Cyprus reached £21.7 in 2025, while the share of non-wage costs stood at 19.4% of total labour costs, according to data published on Tuesday by Eurostat.
According to Cyprus News Agency, at the European Uni…
