Tag: economy

Drought the biggest immediate risk to Cypriot economy

Prolonged drought was rated as the biggest immediate risk to the Cypriot economy in a survey carried out for the Cyprus Economy and Competitiveness Council...

ExxonMobil briefs President on blocks 5 and 10 of Cyprus EEZ

Cyprus President Nikos Christodoulides had a meeting on Monday in Cairo with the Vice President of ExxonMobil, Global Exploration, John Ardill, who briefed him about he...

Significant annual increase of tourist arrivals in January

Tourist arrivals reached 112.100 in January 2025 compared to 87.961 in January 2024, recording an increase of 27,4%, according to the Statistical Service of...

Samsung Electronics to cancel $2.11 billion worth of own shares

Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares that it had acquired previously, the company said in...

European shares score record highs on Ukraine peace hopes

European futures hit record peaks on Tuesday as defence stocks soared on expectations of a spending bump, while Hong Kong shares were on the...

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New Limassol mall approved with mandatory traffic works

The Council of Ministers has approved a planning permit...

New co-operative bank launches €42m public share offer

The Cyprus Co-operative movement has launched a €42 million...

Justice enters digital era with iJustice platform, e-trials begin in 2027

Cyprus has taken another step towards the digital transformation...

Iran war has cost US $37.5bn so far

US Defence Secretary Pete Hegseth told a Senate committee...
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