#Cyprus

Cyprus’ net Foreign Direct Investment (FDI) position decreased further in 2021, with the dominant partner, both in terms of inward and outward FDI being Russia, according to a report released by ...

The household debt ratio in Cyprus stood at 77 per cent of GDP at the end of the third quarter of 2022, marking a slight decrease compared to the previous quarter, according ...

Deloitte Cyprus on Wednesday announced that it has signed a sponsorship agreement with the Cyprus Olympic Committee (Koe), valid until the end of 2024, the year of the Paris 2024 Olympic Games. ...

The state appears to be in no rush to set up and launch more traffic cameras as 35,000 fines remain unpaid. Tuesday marked another missed milestone in the timeline according to ...

Labour Minster Kyriacos Koushios on Wednesday said he would not leave his post until the revamp of strategic plan for hiring third country nationals is promoted to the cabinet. Speaking ...

The children’s specially designated accidents and emergencies department (A&E) has started operating at Nicosia general hospital, Health Minister Michalis Hadjipantela announced on Wednesday. According to the minister, ...

The overall solvency ratio of the Cypriot banking sector stood at 21.2 per cent at the end of September 2022, its highest level since the Central Bank of Cyprus (CBC) began collecting ...

Agriculture Minister Costas Kadis on Wednesday said €443 million euros in grants and subsidies had been allocated to the agricultural sector between 2018 to 2022, marking significant progress. Presenting his assessment of recent ...

Cypriot airline TUS Airways announced on Wednesday a record number of passengers in 2022, with an increase of more than 1,100 per cent across the entire network compared to 2021. In its announcement, ...

Cyclists now face a €50 spot fine for not wearing a helmet but this can rise to €500 if the issue ends up in court. The police and supporters of the law ...

Transparency has become a buzzword in the upcoming presidential elections – but some of the candidates are failing to adhere to it fully, while others are simply going for the stony ...

President Nicos Anastasiades on Wednesday laid the foundation stone for projects to be built in Mati, near Athens, where severe and repeated wildfires in 2018 left hundreds of people homeless. The ...

The ministries of justice, labour and social welfare on Wednesday signed memorandums of cooperation for combatting human trafficking and the protection of victims. The first memorandum, signed between Labour Minister ...

Cyprus-based Gear Education, an education technology solutions company, announced on Wednesday that it has entered into an official partnership with software company Alma as a reseller to schools and organisations ...

Dear candidates and would-be presidents, You are asking us to trust you and give you our vote to govern us for the next five years. So, tell us clearly and ...

The met service on Wednesday issued a yellow weather alert warning of isolated heavy thunderstorms. The service urged the public to be careful as isolated heavy thunderstorms are expected to ...

The Cyprus Securities and Exchange Commission (CySEC) announced that there was an increase in the number of Management Companies and Undertakings of Collective Investments (UCIs) during the third quarter of 2022, ...

The election campaign team of Nikos Christodoulides on Tuesday failed to comment on reports the candidate received a one-time transfer of €200,000 into his bank account, even though the allegation prompted ...

The agriculture ministry on Tuesday defended its actions over animal welfare, saying that concerns by the Cyprus Society for the Prevention of Cruelty to Animals (CSPCA) were understandable but completely ...

Akel-backed presidential candidate Andreas Mavroyiannis on Tuesday accused his rival Nikos Christodoulides of stealing one of his ideas – for the third time. Mavroyiannis suggested old habits die hard where Christodoulides ...

Disy leader and presidential candidate Averof Neophytou said on Tuesday he supports the Electricity Authority’s demand for a presence in the renewables sector. His comments came after a visit ...

The head of the fledgling deputy ministry for research and innovation sought a curtain call on Tuesday, offering a review of its performance over the past two years. Deputy minister ...

President Nicos Anastasiades said he was sorry on Tuesday if visiting the projects completed and set in motion during his term in office offended some critics, who have claimed in ...

The outgoing government is handing over a healthy and robust economy, with prospects for further growth and development in the current years, Finance Minister Constantinos Petrides said during a presentation ...