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President Anastasiades concludes visit to New York

By   /  24/03/2017  /  Business, CY Business, CY Politics, Cyprus, Headlines, Politics  /  No Comments

  The visit to New York was entirely successful, said the President of the Republic of Cyprus, Mr Nicos Anastasiades, who departed from the US yesterday evening for Rome. In his remarks to reporters following a meeting he had yesterday afternoon, in New York, with the Secretary of State for Foreign and Commonwealth Affairs of […]

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The President of Cyprus received the President of the European Investment Bank

By   /  13/03/2017  /  Business, CY Business, CY Politics, Cyprus, Headlines, Politics  /  No Comments

  The President of the Republic of Cyprus, Mr Nicos Anastasiades, received today, at the Presidential Palace, the President of the European Investment Bank, Mr Werner Hoyer. In his remarks to reporters after the meeting, Mr Hoyer said that “I visit Cyprus frequently and I am in constant exchange of views with the President and […]

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Only 22% of managers in Cyprus are Women, Eurostat says

By   /  06/03/2017  /  Business, CY Business, Cyprus  /  Comments Off on Only 22% of managers in Cyprus are Women, Eurostat says

  Nearly 7.3 million persons hold managerial positions in enterprises with 10 employees or more located in the European Union (EU): 4.7 million men (65% of all managers) and 2.6 million women (35%), according to Eurostat. In other words, although representing approximately half of all employed persons in the EU, women continue to be underrepresented […]

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Retail trade grows in Cyprus 0.8 and 3.9% in December 2016 on monthly and annual basis

By   /  03/03/2017  /  Business, CY Business, CY Social, Cyprus, Social  /  Comments Off on Retail trade grows in Cyprus 0.8 and 3.9% in December 2016 on monthly and annual basis

  In January 2017 compared with December 2016, the seasonally adjusted volume of retail trade fell by 0.1% in the euro area (EA19), while it rose by 0.1% in the EU28, according to estimates from Eurostat, the statistical office of the European Union. In December the retail trade volume decreased by 0.5% in the euro […]

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2nd Summit of the Cyprus – Egypt Intergovernmental Committee held in Lefkosia

By   /  03/03/2017  /  Business, Culture, CY Business, CY Culture, CY Politics, Cyprus, Headlines, Politics  /  Comments Off on 2nd Summit of the Cyprus – Egypt Intergovernmental Committee held in Lefkosia

  The 2nd Summit of the Cyprus – Egypt Intergovernmental Committee for Economic, Industrial and Technical Cooperation was held today at the Ministry of Finance, Lefkosia, under the presidency of Cyprus’ Minister of Finance, Mr Harris Georgiades, and Egypt’s Minister of Investment and International Cooperation, Mrs Sahar Nasr. The two Ministers also signed a Memorandum […]

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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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