Kissonerga: First substantial step taken towards creation of marina

Actual construction work on the project is not anticipated to begin before the end of 2025

08:14 - 03 January 2024

Rise in value and volume of retail trade in November 2023

The Retail Trade Turnover Value Index increased by 5.7% compared to the same month in the year 2022

07:52 - 03 January 2024

Central-Bank-of-Cyprus

Deposits and loans in Cypriot banks increase in November 2023

Total deposits in November 2023 recorded a net increase of €91.7 million

07:49 - 03 January 2024

New minimum 15% taxation rate for multinationals in EU comes into force

The new framework aims to bring greater fairness and stability to the tax landscape in the EU

07:45 - 03 January 2024

New EU rules to combat cross-border VAT fraud, particularly online, enter into force

The new rules provide EU member tax administrations with payment information to detect VAT fraud more easily

07:39 - 03 January 2024

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OEV announces new positions for 2024

Deputy General Manager Kostas Christofides is set to retire after 41 years of service

12:01 - 29 December 2023

Phanos Leventis PASIKA

Phanos Leventis: Venues closing due to lack of staff

The head of the Leisure and Entertainment Establishment Owners Association (PASIKA) has sounded the alarm

10:52 - 29 December 2023

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Paphos CCI: Marina tender process to be completed in 2024

Its president George Mais said the marina will enrich the town’s tourism product and strengthen maritime tourism

09:29 - 29 December 2023

Limassol transportation is changing- Funding of the metaCCAZE project has been approved

The Municipality of Limassol together with other local partners will implement a series of measures

09:16 - 29 December 2023

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Total sales of petroleum products up 3.7% y-o-y in November

Compared to October 2023 however, total petroleum sales dropped 8.7%, according to Cystat

08:27 - 29 December 2023

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Industrial Production Index up 5.4% in October

In January – October 2023, the index recorded an increase of 2.1% compared to the same period last year

08:19 - 29 December 2023

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Philokypros Roussounides: Hotel occupancy at 35-40% in December

The Cyprus Hotel Association's DG said occupancy after Christmas and New Year's Eve will range between 55%-60%

07:34 - 29 December 2023

The most significant events that marked the Cyprus economy in 2023

The Cyprus economy reconfirmed its resilience in what has been a challenging year

13:28 - 28 December 2023

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