The construction and tourism sectors were the driving forces behind Cyprus’ economic growth in 2019, while the banking sector continued shrinking, according to official data. According to data released by the Cyprus
Cypriots now have the opportunity to view and track the rapid progress of Europe’s largest ICR, Limassol’s City of Dreams Mediterranean Integrated Casino Resort through its website (www.cityofdreamsmed.com.cy/progress.html). Photos from the construction
The Finance Ministry said on Tuesday it is satisfied with Cyprus’ economic performance last year as the country’s annual GDP grew by 3.2% down from 3.8% in 2018. “These developments show that
The 16th annual CFA Forecasting Event of CFA Society Cyprus held in Nicosia was attended by more than 250 bank executives, investment, accounting and audit firm executives, as well as high-ranking state
Cyprus seeks to address challenges facing small and medium-sized enterprises (SMEs) in obtaining financing, by creating a state Equity Fund which will inject cash into capital-starved businesses and start-ups. Currently, the lack
News that Cyprus ranks fourth amongst EU member states for the number of enterprises (73%) using social media, companies still need to breach the digital divide. Despite the encouraging data presented in
Cyprus has saved €13 mln by fully repaying an International Monetary Fund (IMF) crisis loan before schedule which was granted to Nicosia during the 2013 financial meltdown. According to a written statement
Cyprus Casinos (C2), the first in the Republic, has opened its fourth and final licensed satellite casino at Yeroskipou in Paphos. Paphos welcomed its first guests earlier this week, following the operation
Economic sentiment in Cyprus dropped to 111.0 points in February from 111.7 in January, mainly due to weaker business confidence in services, despite improvements in retail trade, construction and among consumers, the
Cyprus comes fourth top in the EU for the number of enterprises (73%) that are using social media, well above the European average of 50%. More and more enterprises in the EU