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November 2016 industrial turnover index shows increase

By   /  20/02/2017  /  Business, CY Business, Cyprus  /  Comments Off on November 2016 industrial turnover index shows increase

  An increase of 7,2% was recorded in the industrial Turnover Index in November 2016 compared to the same month in 2015. According to the Statistical Service of the Republic of Cyprus, the Industrial Turnover Index for November 2016 reached 75,9 units (base 2010=100), recording an increase of 7,2% compared to November 2015. This is […]

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Cyprus claiming share of post-Brexit business outflow from the UK

By   /  01/02/2017  /  Business, CY Business, CY Finance, Cyprus, Finance  /  Comments Off on Cyprus claiming share of post-Brexit business outflow from the UK

  A seminar for London based businessmen and investors who might be interested in exploring the advantages offered by Cyprus in a post-Brexit environment was held in the British capital. Organised by the UK-Cyprus Enterprise Council (UKCEC), in association with RCB Bank and PDG Strategy, the event presented Cyprus as a credible investment destination with […]

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Signing of Memorandum for the organization in Cyprus of EBRD Annual General Meeting and Business Forum

By   /  24/01/2017  /  Business, CY Business, Cyprus, Headlines  /  Comments Off on Signing of Memorandum for the organization in Cyprus of EBRD Annual General Meeting and Business Forum

The Minister of Finance, Harris Georgiades, signed today, on behalf of the Republic of Cyprus, the Memorandum of Understanding for the organization in Cyprus of the 26th Annual General Meeting of the European Bank for Reconstruction and Development (EBRD) and the Business Forum entitled “Targeting Green and Inclusive Growth: Meeting Regional and Global Challenges”, on […]

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Retail trade falls by 0.4% in the euro area in November, rises by 2.2% in Cyprus in October

By   /  06/01/2017  /  Business, CY Business, Cyprus  /  Comments Off on Retail trade falls by 0.4% in the euro area in November, rises by 2.2% in Cyprus in October

In November 2016, compared with October 2016, the seasonally adjusted volume of retail trade fell by 0.4% in the euro area (EA19) and by 0.1% in the EU28, according to estimates from Eurostat. In October the retail trade volume increased by 1.4% in the euro area and by 1.3% in the EU28. In November 2016 […]

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Cyprus real estate sales rise 43% in 2016

By   /  03/01/2017  /  Business, CY Business, Cyprus  /  Comments Off on Cyprus real estate sales rise 43% in 2016

Real estate sales rose by 43% in 2016, figures released by the Department of Lands and Surveys (DLS) show. Cyprus-wide sale contracts submitted to the DLS reached 7,013 in 2016 compared with 4,952 in 2015. The data exclude sales to foreigners to be released at a later stage. December sale contracts spiked 121% reaching 1,134 […]

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Turnover Volume and Value Indexes increase in October

By   /  27/12/2016  /  Business, CY Business, Cyprus  /  Comments Off on Turnover Volume and Value Indexes increase in October

Both the Turnover Volume Index and the Turnover Value Index of Retail Trade, with the exception of motor vehicles, increased last October compared to the same month in 2015, the Statistical Service announced on Tuesday. On the basis of provisional estimates, the Turnover Volume Index of Retail Trade for October 2016 increased by 5.2% compared […]

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Tourist arrivals up by 14,9% in November

By   /  19/12/2016  /  Business, CY Business, Cyprus  /  Comments Off on Tourist arrivals up by 14,9% in November

On the basis of the results of the Passengers Survey, arrivals of tourists reached 124.192 in November 2016 compared to 108.093 in November 2015, recording an increase of 14.9%. For the period of January – November 2016 arrivals of tourists totaled 3.098.604 compared to 2.581.057 in the corresponding period of 2015, recording an increase of […]

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Cyprus – Greece – Israel cooperation of Strategic Importance

By   /  09/12/2016  /  Business, CY Business, CY Energy, CY Finance, CY Politics, CY Social, Cyprus, Energy, Finance, GR Business, GR Energy, GR Finance, GR Politics, GR Social, Greece, Politics, Social  /  Comments Off on Cyprus – Greece – Israel cooperation of Strategic Importance

Cooperation between Greece, Cyprus and Israel, is promising to go smoothly since during the joint declarations of Greek Prime Minister Alexis Tsipras, Cypriot President Nicos Anastasiades and Israeli Prime Minister Benjamin Netanyahu, the Cypriot President spilled a glass of water on the declarations table. This mishap gained an array of positive comments and all immediately […]

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Israel Cyprus Greece Trilateral Summit Declaration

By   /  08/12/2016  /  Business, CY Business, CY Energy, CY Finance, CY Politics, CY Social, Cyprus, Energy, Finance, GR Business, GR Energy, GR Finance, GR Politics, GR Social, Greece, Politics, Social  /  Comments Off on Israel Cyprus Greece Trilateral Summit Declaration

We, Benjamin Netanyahu, Prime Minister of the State of Israel, Nikos Anastasiades, President of the Republic of Cyprus, and Alexis Tsipras, Prime Minister of the Hellenic Republic, having met in Jerusalem today, 8th December 2016, have agreed to continue strengthening the cooperation between our three countries in order to promote a trilateral partnership in various […]

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Alexis Tsipras in Israel for 2nd Greece-Cyprus-Israel tripartite

By   /  07/12/2016  /  Business, CY Business, CY Energy, CY Finance, CY Politics, Cyprus, Energy, Finance, GR Business, GR Energy, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Alexis Tsipras in Israel for 2nd Greece-Cyprus-Israel tripartite

Greek Prime Minister Alexis Tsipras will visit Jerusalem on Thursday 8 December to participate in the 2nd tripartite summit between Greece, Cyprus and Israel. The issues that will be in focus are energy, environment, tourism, research & innovation, fighting terrorism and the Cyprus issue. The Greek PM will be accompanied by Environment & Energy Minister […]

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