Nicosia can become a model combining urban and regional tourism, Tourism Minister suggests

He said the historic capital offers a unique identity combining a long history with modern cultural and economic developments

08:18 - 04 December 2024

This year one of the best ever for tourism, Koumis says

The Minister also said that the government attaches great importance to further developing tourism in the country

08:10 - 04 December 2024

Non-doms: The Cyprus Private Client Offering Gathering takes place in London today

Cyprus will be presented as a destination of choice for HNWIs, their families, companies and employees

07:49 - 04 December 2024

Hotel industry panic over as PASYXE accepts Labour Minister's collective agreement proposal

The Association approved the revised mediation proposal submitted by Minister of Labour Yiannis Panayiotou

13:59 - 03 December 2024

Νο absolute majorities for abolishing one and two cent coins in Cyprus, Greece, Spain

A Eurobarometer survey found that 61% of respondents in the other member states are in favour of abolishing them

08:04 - 03 December 2024

Deputy Minister describes 2024 as a reference year for tourism

For the period of January – September 2024, revenue from tourism is estimated at €2,575.9m

07:56 - 02 December 2024

General government surplus at €1.43 billion or 4.2% of GDP by October 2024

According to CySTAT, total revenue, in the period January-October 2024, increased by €721.6m (+6.6%) to €11,686.7m

07:50 - 02 December 2024

Implementation of development budget expenditure at 45% by October

The average of the last decade for the period up to October has been 40% according the General Accounting Office

07:48 - 02 December 2024

We aim to reduce unemployment to below 5%, Labour Minister says

In order to achieve the ambitious targets set, the Ministry's budget is increased by €84 m compared to 2024

07:46 - 02 December 2024

Invest Cyprus presents Cyprus’ proactive approach to investor support at WAIPA event

The World Association of Investment Promotion Agencies held a session entitled "Informative Advertising is Persuasive"

07:07 - 02 December 2024

ESNA’s Arthur Jordao: “Cyprus continues to affirm its strong commitment to fostering a thriving startup ecosystem”

Europe Startup Nations Alliance’s Executive Director was addressing the ESNA Forum in Brussels

07:02 - 30 November 2024

Tourism revenue up 6% in September year on year

For the first nine months of 2024 an increase of 4.9% was also recorded

16:11 - 29 November 2024

Loans down €213 million in October on monthly basis, deposits up

Deposits recorded a net increase of €377.6 million, mainly due to the increase in deposits of Cyprus residents

07:51 - 29 November 2024

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Economy

Nicosia can become a model combining urban and regional tourism, Tourism Minister suggests

This year one of the best ever for tourism, Koumis says

Non-doms: The Cyprus Private Client Offering Gathering takes place in London today

Hotel industry panic over as PASYXE accepts Labour Minister's collective agreement proposal

Νο absolute majorities for abolishing one and two cent coins in Cyprus, Greece, Spain

Retail trade up 4.6% in value and 4.7% in volume in October 2024 y/o/y

Development of Cyprus-US trade relations discussed by President and AHI members

GDP growth rate at 3.9% in third quarter of 2024

George Theocharides: Significant interest from major companies to establish their European headquarters in Cyprus

Unemployment rate down to 4.5% in Q3, 2024

Sustainability defines the future of hospitality, expert from Sweden says

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