Over 40 projects to upgrade Cyprus’ schools

The upgrade programme has secured funding of around €149m from the Recovery and Resilience Fund

12:49 - 11 August 2023

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RIF PRE-SEED Programme: €1.2m to create and develop early-stage startups

The Research and Innovation Foundation (RIF) has announced a new call for proposals under its PRE-SEED programme

12:41 - 11 August 2023

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Ayia Napa hotel bookings have reached pre-pandemic levels says mayor

The popular resort's tourist accommodation is 85% to 90% booked, Mayor Christos Zannetou said

12:10 - 11 August 2023

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Cyprus stands to lose almost 2% of its tourism because of climate change

A European Commission report said Cyprus is vulnerable to climate warming

09:37 - 11 August 2023

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Weight of goods transported by road up 28% in Q1

An increase of 60.1% was also noted in the tonne-kilometres (tkm) registered

08:24 - 11 August 2023

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Bank of Cyprus records €220m profit in H1

The group’s performance improved significantly compared with last year’s €43m first-half profit

10:25 - 09 August 2023

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Cyprus to consider French SME subsidy scheme

The EU has approved a €3.5b subsidy scheme for very small, small and medium sized businesses in France

08:39 - 09 August 2023

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Russia hits back at Cyprus over sanctions

It has suspended part of the two countries’ double-tax treaty, as part of a broader clampdown on “unfriendly countries”

08:07 - 09 August 2023

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Loan renegotiations spike to record levels

The steep increase was mainly driven by the ECB's perpetual interest rate hikes

07:38 - 09 August 2023

Motor vehicles registrations up 27.9% during January to July

Of the total passenger saloon cars, 9,231 or 43.6% were new and 11,947 or 56.4% were used cars

16:00 - 08 August 2023

Bounced cheques amounted to €112,717 in July

During the first seven months of the year there were 233 bounced cheques with a total value of €615,810

15:00 - 08 August 2023

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CMMI: Agreement for blue economy training programmes

It has signed a Memorandum of Understanding with the Human Resource Development Authority

09:30 - 07 August 2023

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Hoteliers say occupancy in July reached 85%, may go up to 90% in August

The occupancy of hotels in July was between 80%-85% and better results are expected for August

08:13 - 07 August 2023

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