Consumers and businesses satisfied with festive spending

The Cyprus Consumers Association and Cyprus Supermarkets Association are pleased with the festive period's shopping

14:11 - 02 January 2025

"Electra" drillings outlook optimistic, expert says, urging for patience

Energy expert Dr Charles Ellinas noted that ExxonMobil is a very cautious company that doesn't take hurried actions

11:56 - 02 January 2025

Projects worth over €100m planned for Polis Chrysochous in the second half of the year

The projects include the sewage system, port, an amphitheatre, camping site and pedestrian walkway among others

08:22 - 02 January 2025

Michael Antoniou on the major labour issues pending in 2025 and how OEB intends to approach them

OEB's Director General talks about the Federation's approach to changes to COLA, the minimum wage, pensions and more

08:08 - 02 January 2025

November 2024 Industrial Output Prices Index records annual 1.6% decrease

Index of Industrial Output Prices for November 2024 reached 122 units, a decrease of 1.1% compared to October 2024

07:42 - 02 January 2025

Industrial Production Index up by 3.8% in first 10 months of 2024

The most significant positive changes were observed in water collection, treatment and supply (22.9%), CySTAT said

07:39 - 31 December 2024

Chairman of the CSE Council Marinos Christodoulides

Marinos Christodoulides: Developments for CSE privatisation in 2025

The Cyprus Stock Exchange Council Chairman analyses the course of the CSE in 2024 and looks ahead

15:02 - 30 December 2024

Retail traders express satisfaction with festive-season turnover

Based on previous years, the sales are anticipated to start as of 3 January, the Cyprus Retail Trade Association suggests

14:30 - 30 December 2024

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Thanos Michaelides: 2025 may be slightly better for the hotel industry than 2024

The PASYXE President says some 50 hotels are operating in all the provinces of Cyprus during the festive season

14:00 - 30 December 2024

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'Prometheas' anchored in Malaysia for technical checks, Energy Minister confirms

The ship, which sailed from Shanghai on 14 December, has been anchored in a Malaysian port since Christmas Eve

13:31 - 30 December 2024

High turnover and increased turnover for car and motorcycle service and parts

The only sector that recorded an annual decline (3.6%) was the sale of motor vehicles, CySTAT said

12:27 - 30 December 2024

Petroleum products total sales record 4.7% annual decrease in November

The total sales amounted to 113,640 tonnes, recording a decrease of 4.7% compared to November 2023

09:32 - 30 December 2024

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Papachristophi: Works on the Polis Chrysochous sewage system expected to be completed in 2029

Polis Chrysochous Mayor Yiotis Papachristophi has been briefed on the project by the Water Development Department

09:18 - 30 December 2024

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Economy

Consumers and businesses satisfied with festive spending

"Electra" drillings outlook optimistic, expert says, urging for patience

Projects worth over €100m planned for Polis Chrysochous in the second half of the year

Michael Antoniou on the major labour issues pending in 2025 and how OEB intends to approach them

November 2024 Industrial Output Prices Index records annual 1.6% decrease

Tourism revenue reaches €407.9 m in October 2024, records 17.7% increase

OEB invites companies to sign up for Cyprus-Egypt Business Conference in Cairo

Marina Hadjimanolis: Our highest priority is to continue to promote the advantages of the Cyprus Ship Registry

Constantinos Papaloucas on how Cyprus is riding the wave of the luxury yacht market

A spotlight on the most important economic developments of 2024

Finance Minister: Public interest rate on arrears at 5.5%, court interest rate at 6%

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