Cyprus ranks 43rd out of 67 countries in 2024 IMD World Competitiveness Ranking

The improvement in the competitiveness ranking is mainly driven by advances in economic performance

07:32 - 19 June 2024

CCCI: Reps from 8 German energy companies to hold meetings in Cyprus

The German companies specialise in solutions and systems for energy saving and energy efficiency of buildings

12:45 - 18 June 2024

Slightly increased tourist arrivals in Cyprus for May 2024

Tourist arrivals in May 2024 reached 421,400 compared to 420,076 in May 2023, marking a 0.3% increase

07:47 - 18 June 2024

Hourly labour costs in Cyprus up by 4.9% in Q1 2024

The increase in labour costs is attributed to significant growth in both wages and salaries per hour worked

07:44 - 18 June 2024

Invest Cyprus attends Money 20/20 in Amsterdam

It engaged with fintech companies and promoted Cyprus as a Tech hub in Europe and the broader Mediterranean Region

07:11 - 18 June 2024

Officials underline shipping sector’s importance in CSC annual report

The Cyprus Shipping Chamber has released its annual report for 2023, highlighting the year's challenges and successes

07:22 - 17 June 2024

Energy catalyst for stability in EastMed says European Affairs Deputy Minister

Marilena Raouna was speaking during a panel discussion at the Prague European Summit 2024

13:04 - 14 June 2024

Air traffic to Cyprus reaches 85% capacity in May, signals promising summer

Maria Kouroupi, Director of Aviation Development and Communication at Hermes Airports says the season is going well

13:02 - 14 June 2024

Cyprus committed to adequate wages and dignified pensions, Minister says

Minister of Labour and Social Insurance Yiannis Panayiotou addressed the ILO's Global Coalition for Social Justice Plenary

10:02 - 14 June 2024

Tourism Deputy Minister holds contacts in Jordan to enhance cooperation

There is great potential for strengthening cooperation between tourism partners of the two countries, Koumis said

08:43 - 14 June 2024

275,000 participate in 30,500 HRDA training programmes in past five years

The Human Resource Development Authority of Cyprus is this year celebrating its 45th anniversary

08:35 - 14 June 2024

EAC running projects worth a total of €92 million, CNA learns

The EAC projects are within the framework of the Political Cohesion Program "THALEIA 2021-2027" with EU co-financing

08:25 - 14 June 2024

High interest rates continue to put pressure on loan demand

The terms and conditions for granting loans to businesses became tighter in the first quarter of 2024

15:39 - 13 June 2024

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Economy

Cyprus ranks 43rd out of 67 countries in 2024 IMD World Competitiveness Ranking

CCCI: Reps from 8 German energy companies to hold meetings in Cyprus

Slightly increased tourist arrivals in Cyprus for May 2024

Hourly labour costs in Cyprus up by 4.9% in Q1 2024

Invest Cyprus attends Money 20/20 in Amsterdam

Marina Hadjimanolis: Our ultimate goal is to provide quality services to all shipping companies

The five risks for the Cypriot economy and their potential impact

Cyprus posts fiscal surplus close to €600 million in first quarter of 2024

Cyprus gearing up to tap international markets following upward ratings momentum

FinMin attending Eurogroup, Ecofin, General Affairs Council, ESM, EIB meetings

Cyprus to invest over €3 billion on climate change by 2030, FinMin says

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