The rate of “enterprise births” in Cyprus in 2021 stood at 10.2%, while the rate of “enterprise deaths” was 6.3%, according to data by Eurostat. It is the first time the statistical
Forex and Fintech companies established in Limassol over the past few decades have no plans of leaving, as they remain highly enthusiastic about the opportunities presented by the vibrant city. Limassol has
Old Nicosia is in for a makeover, as the Interior Ministry plans to revitalise the area, including grants to boost business activity, student accommodation, town planning incentives and housing arrangements. Interior Minister
Unemployment has decreased from 20% (2013) to 6%, and there is a trend of continuous decline. At the same time, there are serious shortages in various sectors, such as construction, e.g., craftsmen,
President Nikos Christodoulides assured that his government supports the business community, providing tangible support to efforts for development and progress. He spoke on Tuesday evening during the inauguration of the new production
Primetel’s new owners, Signal Capital Partners, have reassured the telecoms regulator that after going into administration, the company will continue to serve its 200,000-customer base. The telecom’s management and representatives of Signal
Attracting productive direct investments is of paramount importance, said President Nikos Christodoulides in his address at the 11th Invest Cyprus international awards. President Christodoulides said investors “play a significant role in driving economic
Safeguarding Cyprus’ credibility as a business and investment centre is a personal goal for President Nikos Christodoulides. This is what he told the 60th conference of the Pancyprian Public Servants’ Trade Union
Nicosia will not allow sanction busters to blacken the country’s reputation, and the government will not cover anyone enabling Russian oligarchs to bypass Ukraine war sanctions. President Nikos Christodoulides told reporters the
Nicosia will not allow sanction busters to blacken the country’s reputation, and the government will not cover anyone enabling Russian oligarchs to bypass Ukraine war sanctions. President Nikos Christodoulides told reporters the
