A spotlight on the most important economic developments of 2024

InBusinessNews examines the economy of Cyprus' upgrades, growth, labour crises and energy developments

09:32 - 31 December 2024

President to visit USS Indiana submarine in Limassol

US Ambassador to Cyprus, Julie Fisher has welcomed the officers and crew of the USS Indiana to Limassol

08:40 - 31 December 2024

The arrivals and renovations that enriched the hospitality sector in 2024

A presentation of some of the new hotel arrivals, alongside some of the radical renovations of other hotel units

08:07 - 31 December 2024

MoUs big step for space sector in Cyprus, CSEO President notes

The importance of these MoUs is that we are now taking the next big step in our vision, Danos said

07:53 - 31 December 2024

Goal for 2025 is updating Interpol database on stolen Cypriot antiquities, Deputy Minister says

The Department of Antiquities has been digitising its archives with funding from Switzerland and Norway

07:52 - 31 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

In 2023 about 69% of Cypriots owned the home they lived in, Eurostat data show

During the same period, 31.2% of Cypriots lived in rented housing, a little over the EU average of 30.8%

11:00 - 30 December 2024

How the Cyprus airports celebrated Christmas (videos)

The airports in Larnaca and Paphos hosted events, live music performances and social contributions

10:27 - 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

Cyprus entering the era of instant payments - Interbank and interstate transactions in 10 seconds

This will be implemented in the SEPA zone, the 27 EU member states plus nine others, including the UK

08:51 - 30 December 2024

Primarily a financial issue... Let Makis Keravnos' view be taken into account on the GSI investment

Why the position of the Minister of Finance is the one that should count most when it comes to Cyprus' …

08:40 - 30 December 2024

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A spotlight on the most important economic developments of 2024

President to visit USS Indiana submarine in Limassol

The arrivals and renovations that enriched the hospitality sector in 2024

MoUs big step for space sector in Cyprus, CSEO President notes

Goal for 2025 is updating Interpol database on stolen Cypriot antiquities, Deputy Minister says

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

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

Constantinos Constanti: Optimistic prospects for the real estate sector, but concerns remain

Marinos Christodoulides: Developments for CSE privatisation in 2025

Retail traders express satisfaction with festive-season turnover

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

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