By Hussein Sayed, Chief Market Strategist at FXTM Stocks and bonds in world markets have been surging throughout the past week with all major US equity indices reaching new record highs. The
Larnaca is to see its fair share of new developments with several high-rise building projects being put forward from local and foreign investors. Once lagging behind other towns in Cyprus regarding development
Europe’s largest integrated casino resort (ICR) is on track to open in Limassol in late 2021 but the cost will exceed the initial budget of €550 mln to around €600 mln, Melco
A draft bill to regulate blockchain technology in Cyprus should be ready before the end of the year, as part of Cyprus’ national strategy for blockchain, Finance Minister Harris Georgiades said on
Cyprus hoteliers are counting their losses as the first half of the year comes to a close with bookings in decline and unlikely to recover. Although the decline varies from town to
Cyprus is at the lower end of the EU scale when it comes to the employment rate for tertiary education graduates aged 20-34. In 2018, for graduates aged 20-34 in the EU
The number of Cyprus registered unemployed at District Labour Offices, decreased by 20.4% or 4,848 in June 2019 compared to a year ago, according to official data. Registered unemployed in June reached
Swiss International Air Lines (SWISS), which is part of the Lufthansa Group, has launched flights from Geneva, Switzerland to Larnaca, Cyprus. The route was inaugurated on July 3 and will be operated
Unlike most of Europe top of the household expenditure list in Cyprus is spending money on restaurants and hotels (17.5%) with housing and energy bills (15.4%) coming second. Household expenditure was mostly
Cyprus Transport Minister Vassiliki Anastassiadou told tourism sector stakeholders the government can’t bring airfares down, but it can offer incentives for airlines to fly to the island and create more competition. She
