Cyprus Economy

29 Oct 2018

President of Cyprus guarantees a sustainable development of Cyprus Economy

He suggested that an upgrade on research and innovation issues under a deputy ministry would contribute to the modernization of the sector. Therefore, he aims to improve the governance of these two issues by establishing the National Council for Research and Innovation and appointing a leading scientist in order to encourage the innovative entrepreneurship.
23 Oct 2018

Asia-Europe Meeting (ASEM) summit in Brussels

The meeting brought together the leaders of 51 European and Asian countries, EU representatives and the Secretary General of the Association of Southeast Asian Nations (ASEAN).
15 Oct 2018

Better trade relations between Cyprus and China?

The Chinese delegation considered Cyprus to be positioned in favor of free trade and open markets.
28 Sep 2018

An increase of 26% in building permits

While the residential building permits increased by 24% in the construction area to 612,427 square meters and 22% in value, to €590.6m comparing the previous year 2017.
20 Sep 2018

Underwater pipeline to export herbal fuel to Egypt

Egypt and Cyprus signed an agreement for the development of an underwater pipeline to export herbal fuel to Egypt.
27 Aug 2018

Larnaca’s upcoming Municipal Market starts in September

The construction of Larnaca’s market will finally start at the end of September and there will be no delay in starting the project, Larnaca’s mayor Andreas Vyras said.
23 Aug 2018

September, the month of Wine festival

Every year, Limassol celebrates the Wine Festival at the end of August- beginning of September for 10 days, in a celebration full of drinking wine, dancing, eating traditional Cypriot food and other activities.,
14 Aug 2018

Property transactions rise 21% in July

Property transactions rose 21 percent year-on-year in July, to 896, the highest since December, mainly on a strong performance of the real estate market in Nicosia, the Department of Lands and Surveys said.
30 Jul 2018

Larnaca is having a mall

Green Light for the mall in Larnaca from the Cabinet of Ministers of Cyprus approved the construction of the Metropolis Mall in Larnaca which was announced by the mayor of the city Andreas Viras. 
 
26 Jul 2018

The first Casino in Cyprus opened it's doors!

The City of Dreams Mediterranean resort opened temporary in Limassol, until its construction is completed in 2021.
It will be the first integrated casino resort and the only one of its kind in Europe.
16 Jul 2018

Double taxation treaty for Cyprus and Andorra

Cyprus and Andorra signed a double taxation avoidance during the 128th sessions of the ministers of Foreign Affairs of the Council of Europe. 
08 Jul 2018

Cyprus Property transactions increased by 29% in April

According to the Department of Lands and Surveys, in April, the property transactions increase by 29% to 655 due to a strong performance of the real estate market in Nicosia.
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