Financial Ombudsman calls for fewer restrictions on out of court settlements

Valentina Georgiadou expressed concerns that the current limits on mediator appointments have hindered the process

07:12 - 14 January 2025

Tannousis Philiokypros_Nero AI_Photo_Face

Cyprus a top investment destination, Tannousis tells investors in Cairo

Invest Cyprus CEO Marios Tannousis was in Cairo during the recent Cyprus, Greece, and Egypt trilateral summit

13:05 - 13 January 2025

man-putting-gasoline-fuel-into-his-car-pump-gas-station

Cyprus fuel prices among lowest in Europe

The European Commission’s Weekly Oil Bulletin reveals that Cyprus consumers pay less at the fuel pumps

12:24 - 13 January 2025

The brands that led the Cypriot car market in 2024

Registrations of hybrid saloon cars remain on an upward trend, their share increasing to 37.1% in 2024

08:51 - 13 January 2025

The deals that are redefining Cyprus’ business landscape

The major moves that took place on the business 'chessboard' of Cyprus during the past year and a look ahead

08:27 - 13 January 2025

Beer deliveries increase by 1.8% in 2024 with 8.9% increase in exports

Total beer deliveries in 2024 amounted to 42,900,114 litres, compared to 42,136,365 litres in 2023

07:45 - 10 January 2025

Budget implementation rate at 82% for revenue, 71% for expenditure in January-November 2024

Budget implementation in expenditure was at 77% in the same period of 2023; in revenue at 87%, the Treasury said

13:07 - 09 January 2025

Cyprus-Egypt’s volume of trade exchange hits record $217m in 2024

It more than doubled the $108m in 2023, according to the Egyptian Central Agency for Public Mobilization and Statistics

10:04 - 09 January 2025

Total annual cost of "Pay as you throw" for consumers €150-€250, Panayiotou says

The amount was shown in the sustainability studies that have been completed and submitted by the Local Authorities

07:21 - 09 January 2025

Cyprus has to claim share of Chinese tourism market, says Deputy Minister

Koumis met with a delegation from Shanghai, China, which is on a familiarisation trip to Cyprus until 11 January

07:10 - 09 January 2025

President of Cyprus Nikos Christodoulides, Egypt President Abdel Fattah al-Sisi and Greek Prime Minister Kyriakos Mitsotakis MoU

Cyprus, Greece and Egypt sign MoU establishing Trilateral Business Council

The MoU was signed within the framework of the Trilateral Business Conference held in Cairo

07:03 - 09 January 2025

General government fiscal results: Surplus up year-on-year

A surplus of €1,420.8m (4.2% of GDP) for January-November 2024; €709.9m (2.3% of GDP) in the same period in 2023

15:39 - 08 January 2025

Cyprus' International Investment Position marginally improved in Q3, 2024

The Statistics Department of the CBC released provisional data for external statistics for the third quarter of 2024

07:52 - 08 January 2025

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Economy

Financial Ombudsman calls for fewer restrictions on out of court settlements

Cyprus a top investment destination, Tannousis tells investors in Cairo

Cyprus fuel prices among lowest in Europe

The brands that led the Cypriot car market in 2024

The deals that are redefining Cyprus’ business landscape

Registrations of motor vehicles up 9.1% in 2024, electric cars at 4%

Bounced cheques down €1.15 billion in 2024, at €617,873

Cyprus' consent to Chevron's "Aphrodite" plan within a month, reports say

Experts' report on Prometheas expected soon, ETYFA Chairman says

Passenger traffic records “best performance ever” in 2024, Ministry says

Trade deficit drops by €769m in first 11 months of 2024

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