Cyprus and Egypt Energy Ministers discuss utilisation of natural gas discoveries

Delegations chaired by the two Ministers discussed international and regional developments in the energy sector

07:40 - 30 August 2024

Revenue from tourism exceeds €1 billion in first half of 2024, up by 4.2% year on year

Revenue from tourism in June 2024 reached €385.2 million compared to €361.5 mn in the corresponding month of 2023

07:34 - 30 August 2024

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George Pantelis: Cyprus' energy's stance on GSI will depend on the repercussions on the economy

Several parameters remain pending before the Ministry of Finance ican evaluate the Cyprus-Greece electrical interconnection project

14:26 - 29 August 2024

Over 2,500 applications submitted for rent-to-buy scheme

KEDIPES is receiving applications for the government’s scheme to help vulnerable debotrs up until 6 September

12:15 - 29 August 2024

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Nexans announces intention to suspend works for Great Sea Interconnector

Nexans is the company that is setting up the cable for the electrical interconnection between Cyprus and Greece

11:59 - 29 August 2024

Economic sentiment improved in August

The increase was driven by stronger business confidence in the services, construction and manufacturing sectors

08:36 - 28 August 2024

Papanastasiou: Decision on electrical interconnection "in coming weeks"

He said Cyprus was at a critical juncture, dubbing current energy costs "a killer for households, industry, and the economy"

08:14 - 28 August 2024

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Alexis Vafeades: Contractors will be in place at Larnaca marina ‘in about a year’

The contractors will undertake short-term projects including the construction of a yacht club

14:12 - 27 August 2024

Roussounides: Cyprus still has a way to go before becoming a year-round tourism destination

The Director General of the Cyprus Hotels Association also reveals that prospects for the autumn are positive

10:08 - 27 August 2024

“Aphrodite” gas field partners to submit an updated development plan after a breach of contract notice

The partners are Chevron Cyprus Limited, Operator, BG Cyprus Limited (Shell) and The Partnership (NewMed Energy)

07:41 - 27 August 2024

Economy is resilient and advancing positively, Finance Minister says

Among other things, Keravnos said that the fiscal balance as a percentage of the GDP stood at 1.3% at the …

08:21 - 26 August 2024

The y-o-y growth rate of the CCLEI remained positive in July, CypERC says

The Cyprus Composite Leading Economic Index1 recorded a year-over-year increase of 0.8% in July 2024

08:10 - 26 August 2024

Ministry satisfied with consumers’ response to ‘’photovoltaics for all’’ scheme

By July the Ministry had received 6,000 applications which were budgeted for the first phase of the scheme

07:53 - 26 August 2024

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Economy

Cyprus and Egypt Energy Ministers discuss utilisation of natural gas discoveries

Revenue from tourism exceeds €1 billion in first half of 2024, up by 4.2% year on year

George Pantelis: Cyprus' energy's stance on GSI will depend on the repercussions on the economy

Over 2,500 applications submitted for rent-to-buy scheme

Nexans announces intention to suspend works for Great Sea Interconnector

Deposits in Cyprus banks up by €164.7m, loans down €7.2m in July

15 workers dismissed by Kition requesting integration into Larnaca marina projects

Retail sector hampered by housing as well as staff shortages

The brands of motorcycles that Cyprus drivers prefer

Energy Minister clarifies position on geopolitical risks of Great Sea Interconnector

RIF reveals the 100 top beneficiaries of its €180m grants since 2016

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