Average monthly earnings in Cyprus increased by 5% in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by CySTAT. On a quarterly basis, and after adjusting for seasonal fluctuations, earnings rose by 1.2% in Q4 2024 compared to the previous quarter. Specifically, the average monthly earnings […]
The message that Cyprus has always been and will always be an investment destination has been sent by the Managing Partner of K. Treppides & Co Group, Marios Cosma, who also emphasises that the country’s image has changed. In an interview with InBusinessNews, Cosma makes particular mention of the change in approach on the part […]
A versatile grape deserves to be celebrated every day It is the time of the year when our taste buds prepare to welcome the hot summer months. Lots of aromatic whites, light reds and plenty of bubbly. And while rosé isn’t getting the breathless press it was a few years ago, wine afficionados are still […]
It’s not just the beaches and nightlife that bring visitors year after year — centuries of history and culture amid spectacular scenery make this the perfect destination Xenia Taliotis Friday May 23 2025, 5.00am BST, The Times Every generation of my family has been born in Cyprus and the magnetic pull of its blue-flag beaches, […]
The Ministry of Mines and Energy (MME) is holding consultations with the private sector to highlight the requirement for a comprehensive regulatory framework for EV charging services in the Kingdom. This was stressed at an event organised by the MME under the theme ‘Principles and Procedures for Managing and Regulating the Development and Provision of […]
Cyprus President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: Come home and help build the future of Cyprus. Speaking in London to more than 750 Cypriot professionals at the “Minds in Cyprus” event, the president unveiled a national action plan designed to bring talented expats back to the island. The goal […]
ASBISc Enterprises on Thursday announced estimated consolidated revenues of approximately $255 million for April 2025, marking a 33 per cent increase compared to the same month last year. In an announcement submitted to the Cyprus Stock Exchange (CSE), the company disclosed the figures as part of its commitment to regular revenue updates. The company clarified that the reported data is […]
During a second panel discussion ‘Why I went Back: Stories of Return, Belonging, and Impact,’ at the Minds in Cyprus event in London, speakers focused on the reasons they came back to Cyprus and what helped them to grow and adapt. The panel was moderated by Charis Kynigou, Executive Board Member, Head of Private Banking, […]
Paphos is joining nine other European regions in the EU-backed Smart-Tour initiative to boost digital and sustainable tourism as part of its strategy to become a forward-looking destination. According to an announcement, the Paphos regional tourism board (Etap) will participate in the 36-month programme, which focuses on promoting accessibility, digital transformation, environmental sustainability, cultural heritage and creative […]
Hungarian and Cypriot stakeholders gathered at the Kean factory in Limassol for a joint event on ‘Smart and Sustainable Hungarian Solutions for Agriculture and Industry’, supported by Hungary’s Ministry of Foreign Affairs and Trade under the NEXT-KPI programme. The event was co-organised by the Cyprus Chamber of Commerce and Industry (Keve) and the Hungarian Embassy […]
The Cyprus Investment Promotion Agency, widely known as Invest Cyprus, has been honoured with the prestigious Editor’s Choice Award at the 17th IN Business Awards. According to an announcement released on Wednesday, this latest accolade is “yet another recognition of Invest Cyprus’ role in attracting foreign direct investment (FDI), supporting international investors, and promoting Cyprus […]
Founder and CEO of Freedom Holding Corp. Timur Turlov described Cyprus as the company’s “European gateway to global markets” during his address at the Sixth New York – Eastern Mediterranean Business Summit. Held under the theme “Cyprus – Greece – Israel: Spurring Resilient and Multilateral Collaboration with the Region”, the summit was organised by The Economist and brought together […]
A Cambodian delegation which is currently in the US to negotiate tariffs and improve bilateral trade between the two countries has found time to hold at least six meetings with US government and congressional leaders to discuss potentially increasing direct investment in the Kingdom. The delegation is being led by Deputy Prime Minister Sun Chanthol, […]
A major distinction for Cyprus in the StartupBlink Global Startup Ecosystem Index 2025, as the country has ranked 40th globally—rising five (5) positions from last year. With a growth rate of 28%, Cyprus is recognised for the second year in a row as the fastest-growing startup ecosystem in the European Union (EU). According to the report, […]
Cyprus’ economy expanded by 3.0% year-on-year in the first quarter of 2025, according to a flash estimate released by Cystat. The seasonally and working day adjusted GDP also recorded a 3.0% annual increase. On a quarterly basis, the economy grew by 1.3% compared to the fourth quarter of 2024, showing an acceleration from the previous […]
Tourist arrivals reached 418,730 in April 2025 compared to 333,563 in April 2024, recording an increase of 25.5%, according to data published by CySTAT. Arrivals from the United Kingdom were the main source of tourism in April 2025, with a share of 36.3% (151,883) of total arrivals, followed by Israel with 15.2% (63,474), Germany with 7.1% […]