The Larnaca Chamber of Commerce and Industry (Evel) has welcomed the government’s decision to establish the Cyprus University of Technology’s (Tepak) new School of Marine Sciences in Larnaca, calling it a milestone for the city’s academic and economic future. In an announcement, the chamber said it “welcomes the decision of the Council of Ministers to […] Courtesy of Cyprus Mail | News…
The number of registered unemployed persons in Cyprus stood at 7,378 at the end of May 2025, according to data released on Wednesday by the Cyprus Statistical Service (Cystat). However, based on seasonally adjusted figures, which better reflect underlying trends by eliminating seasonal effects, registered unemployment for May dropped slightly to 9,708 persons, compared to […] Courtesy of Cyprus Mail | News…
The Crystal Springs Beach Hotel in Protaras is set to undergo an expansion, with Derova Ltd announcing a €13.5 million development project to improve the facility and increase its capacity. This proposed plan will be implemented over the next 12 months on a 14,858 square metres plot in the Vrysoudia area of Paralimni municipality. The […] Courtesy of Cyprus Mail | News…
The Bank of Cyprus on Friday outlined a range of initiatives designed to ease the financial strain on customers in the face of market interest rate volatility. In its announcement, the bank detailed key measures such as interest rate reductions and a customer rewards programme, aimed at reducing loan servicing costs to borrowers. “We have […] Courtesy of Cyprus Mail | News…
Cypriot President Nikos Christodoulides on Thursday evening underscored the pivotal role of technology and innovation in the country’s governance programme and economic vision. “The government is implementing specific actions for the branding of Cyprus in order to enhance the country’s appeal to investors and professionals,” the president said. President Christodoulides… Courtesy of Cyprus Mail | News…