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Cyprus Recognized as Innovation Leader in Global Innovation Index

Nicosia: Cyprus has achieved a significant milestone by being included in the ‘innovation leader’ category in the latest Global Innovation Index, as revealed by Theodoros Loukaidis, Director General of the Research and Innovation Foundation (RIF), to the Cyprus News Agency (CNA). Loukaidis emphasized that the country now boasts a more

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Seasonal Low Pressure Influences Cyprus Sea Area

Nicosia: The Cyprus Department of Meteorology has released the forecast for the sea area of Cyprus for the period from noon on September 20, 2025, to noon on September 21, 2025. The forecast covers an area extending 8 kilometers seawards from the coast. According to Cyprus News Agency, the region

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FinMin Hails New DBRS Upgrade of Cyprus Economy

Nicosia: Morningstar DBRS’ fresh upgrade of Cyprus’ credit rating confirms the rational economic policy followed by the government, which is based on fiscal discipline and development approaches, as well as the resilience of the economy in an international environment full of challenges and uncertainties, Finance Minister Makis Keravnos said on

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Cyprus on Clear Development Course Says President in Toronto

Toronto: Cyprus is on a clear path to development, President Nikos Christodoulides stated during a working lunch and roundtable discussion in Toronto. The event, which saw participation from entrepreneurs and investors across financial, innovation, technology, and real estate sectors, highlighted the comparative advantages of the island’s economy. According to Cyprus

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President Highlights Cyprus’ Economic Strengths During Toronto Visit, Says Spokesperson

Toronto: President Christodoulides highlighted the comparative advantages of the economy of Cyprus during his contacts in Toronto, namely the country’s strategic geographical location, stable tax and investment framework, economy’s resilience, easy access to highly skilled workforce and dynamic growth prospects in cutting-edge sectors, Government’s Spokesperson Konstantinos Letymbiotis said. According to

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Morningstar DBRS Upgrades Cyprus to “A”, Trend Changed to Stable

Nicosia: DBRS Ratings GmbH (Morningstar DBRS) upgraded late on Friday the Republic of Cyprus’ (Cyprus) Long-Term Foreign and Local Currency – Issuer Ratings from A (low) to “A” and changed the trend from Positive to Stable. At the same time, it confirmed Cyprus’ Short-Term Foreign and Local Currency – Issuer

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