Tourism Ministry’s Budget outlines support for sector’s businesses in 2025

The Deputy Ministry of Tourism's €65,547,000 budget will be devoted to supporting the island's tourism sector in 2025

11:04 - 01 November 2024

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Industrial output prices decline by an annual 1% in September

The Index of Industrial Output Prices for September 2024 reached 123.4 units

10:00 - 01 November 2024

Costas Markides: "For those who choose to leave the UK, Cyprus is an option as it features a very competitive non-dom regime"

The Board Member, International Business Unit, Head of International Tax and Transfer Pricing Services at KPMG Limited shares his expert …

09:52 - 01 November 2024

General Government surplus at €1.4 billion in the first nine months of 2024

Main contributors included a 16.4% rise in income and wealth taxes, which reached €2.7 billion

09:05 - 01 November 2024

Current account deficit down in Q2 2004, provisional data show

The deficit decreased from €285.4 million in Q2 2023 to €52.9 million in Q2 2024, the Central Bank reported

07:57 - 01 November 2024

Revenue from tourism up by 5.9% in August on annual basis

Revenue from tourism reached €511.4 m in August 2024, according to CySTAT figures

07:54 - 31 October 2024

Industrial Production Index records annual increase by 1.2% in August

The Index reached 90.5 units (base 2021=100), recording an increase of 1.2% compared to August 2023

07:51 - 31 October 2024

UK to abolish non-dom tax regime – What does this mean for Cyprus?

Chancellor of the Exchequer Rachel Reeves made the announcement while submitting the 2025 budget

15:54 - 30 October 2024

Prof. Ioannis Ioannou: Cyprus should do more towards green development

The Associate Professor of Strategy and Entrepreneurship at London Business School also suggests capitalism is not the same everywhere

15:00 - 30 October 2024

Polycarpou: AKEL’s proposals for a strong economy not for the few

The Head of AKEL’s Economic Studies Bureau was speaking at the political party's rd Economic Forum

14:00 - 30 October 2024

Ann Pettifor: How Cyprus is progressing with sustainable development

The Director of Policy Research in Macroeconomics (PRIME) was speaking at AKEL’s 3rd Economic Forum in Nicosia

12:26 - 30 October 2024

Stefanos Stefanou: Cyprus needs a new economic development model

The General Secretary of the Central Committee of AKEL was speaking at the political party's 3rd Economic Forum

10:41 - 30 October 2024

Keravnos: Targeting joint investments by Cypriot and foreign investors to enrich the economic model

The Finance Minister was addressing the 3rd AKEL Economic Forum entitled 'A Strong Economy for All: Sustainable-Socially Oriented'

10:19 - 30 October 2024

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Economy

Tourism Ministry’s Budget outlines support for sector’s businesses in 2025

Industrial output prices decline by an annual 1% in September

Costas Markides: "For those who choose to leave the UK, Cyprus is an option as it features a very competitive non-dom regime"

General Government surplus at €1.4 billion in the first nine months of 2024

Current account deficit down in Q2 2004, provisional data show

Deputy Minister highlights Cyprus’ investor-friendly environment at Athens event

Household and non-financial corporations debt shows significant decrease

Gen Z shop more frequently but Millennials spend the most, E-Commerce Trends report reveals

Cyprus participated in GITEX Global 2024 with 14 tech companies

Hotels occupancy at 80% in October, PASYXE President reveals

Cabinet adopts seven measures to support vulnerable and other population groups

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