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Economy

NICOSIA – Leading digital transformation firm Eurisko Mobility have announced plans to relocate their operations to Cyprus.

NICOSIA - International lockdowns trying to slow the COVID-19 have left some 6 million kilos (13,3 million pounds) of Cyprus’ prized halloumi cheese, called “white gold” by producers and consumers, in cold storage stockpiles on the island.

NICOSIA - International lockdowns trying to slow the COVID-19 have left some 6 million kilos (13,3 million pounds) of Cyprus’ prized halloumi cheese, called “white gold” by producers and consumers, in cold storage stockpiles on the island.

NICOSIA - Cyprus’ high vaccination rate and stricter health measures to deal with the lingering COVID-19 pandemic are helping the economy come back even though the fight against the Coronavirus is going on.

NICOSIA - Cyprus’ high vaccination rate and stricter health measures to deal with the lingering COVID-19 pandemic are helping the economy come back even though the fight against the Coronavirus is going on.

LONDON – Invest Cyprus has announced Cyprus is increasing its cash back rebate from 35% to 40% for international film and TV productions.

LONDON – Invest Cyprus has announced Cyprus is increasing its cash back rebate from 35% to 40% for international film and TV productions.

LATEST

Invest Cyprus Boosts “Olivewood” Film Industry at Raindance Film Festival

LONDON – As this year's guest country at the 29th Raindance Film Festival, Cyprus hopes to boost the “Olivewood” film industry by showcasing the talents of established and upcoming Cypriot filmmakers, as well as the optimal environment for filmmaking on the island.

LONDON – As this year's guest country at the 29th Raindance Film Festival, Cyprus hopes to boost the “Olivewood” film industry by showcasing the talents of established and upcoming Cypriot filmmakers, as well as the optimal environment for filmmaking on the island.

Invest Cyprus Praised in Global Competition for Its Reforms to Boost Investment

NICOSIA – Invest Cyprus has been singled out for praise in a global competition to find and award the international best practices of investment promotion agencies for its reforms to improve the investment ecosystem on the island for tech investors.

NICOSIA – Invest Cyprus has been singled out for praise in a global competition to find and award the international best practices of investment promotion agencies for its reforms to improve the investment ecosystem on the island for tech investors.

Cyprus Looks to Bring Back Pandemic-Battered Tourism Sector

Cypriot Tourism Minister Savvas Perdios went on a whirlwind tour of Europe in a pitch to persuade travelers that the island is safe to visit even as the COVID-19 pandemic lingers there.

Cypriot Tourism Minister Savvas Perdios went on a whirlwind tour of Europe in a pitch to persuade travelers that the island is safe to visit even as the COVID-19 pandemic lingers there.

Cyprus: ExxonMobil to Gauge Gas Field Size in 6-8 Weeks

NICOSIA — Drilling by ExxonMobil set for late next month to confirm how much natural gas is contained in a sizable deposit off Cyprus' southwestern coast will map out how the fuel will reach potential markets in Europe and Asia, the island nation's energy minister said on Wednesday.

NICOSIA — Drilling by ExxonMobil set for late next month to confirm how much natural gas is contained in a sizable deposit off Cyprus' southwestern coast will map out how the fuel will reach potential markets in Europe and Asia, the island nation's energy minister said on Wednesday.

Invest Cyprus on Resilience & Growth of Investment Funds in Cyprus at Conference

LONDON, UK – Cyprus has been highlighted as one of the fastest growing investment fund industries in the European Union at the Undertakings for the Collective Investment in Transferable Securities and Alternative Investment Fund Managers Directive (UCITS & AIFMD) London Conference 2021.

LONDON, UK – Cyprus has been highlighted as one of the fastest growing investment fund industries in the European Union at the Undertakings for the Collective Investment in Transferable Securities and Alternative Investment Fund Managers Directive (UCITS & AIFMD) London Conference 2021.

Cyprus Shrinks Safe List to Three EU Countries for Tourist Arrivals

NICOSIA -- Cyprus’ hopes to keep tourists coming during the lingering COVID-19 pandemic has taken another hit after arrivals in the European Union were limited to those from Hungary, The Czech Republic and Poland.

NICOSIA -- Cyprus’ hopes to keep tourists coming during the lingering COVID-19 pandemic has taken another hit after arrivals in the European Union were limited to those from Hungary, The Czech Republic and Poland.

Cyprus Requires Businesses to Accept Cards Too, Not Just Cash

Aimed at cutting tax evasion and making them accountable, 80 groups of businesses and services on Cyprus now must accept payments in credit and debit cars so they can't use cash to avoid obligations.

Aimed at cutting tax evasion and making them accountable, 80 groups of businesses and services on Cyprus now must accept payments in credit and debit cars so they can't use cash to avoid obligations.

Invest Cyprus Hails €180M Investment into Cyprus, Will Create More than 1,800 Jobs

NICOSIA – Invest Cyprus has hailed a €180 million investment into Cyprus by U.

NICOSIA – Invest Cyprus has hailed a €180 million investment into Cyprus by U.

Paphos Tourism Sector’s Lament: The British Aren’t Coming

Cyprus' disappointing summer of discontent has seen on-and-off COVID-19 restrictions in a battle against the pandemic in the face of resistance by some anti-vaxxers, and tourism lagging because of fewer British visitors, including in Paphos.

Cyprus' disappointing summer of discontent has seen on-and-off COVID-19 restrictions in a battle against the pandemic in the face of resistance by some anti-vaxxers, and tourism lagging because of fewer British visitors, including in Paphos.

COVID-19 Pandemic Drove Cypriots to Go Digital, Buy Online

NICOSIA -- Spending most of their time at home during COVID-19 lockdowns aimed at slowing the spread of the pandemic, Cypriots used the time to shop online, turning more toward cards than cash.

NICOSIA -- Spending most of their time at home during COVID-19 lockdowns aimed at slowing the spread of the pandemic, Cypriots used the time to shop online, turning more toward cards than cash.

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