ECONOMY Photo courtesy CIO Business World From Silicon Valley to Cyprus, tech titans eye the island for their next big move Newsroom Cyprus is making bold moves on the global investment stage, with recent diplomatic and business outreach campaigns targeting major players in the U.S. and India. READ MORE
Cyprus GDP growth is creating more jobs Government says pace of economic growth will create full employment conditions by 2021 Newsroom 15/05/2018 | BUSINESS
Non-performing loans in banking system spike by €1.5 billion Tougher financial reporting sees bad loans exceed €22 billion Newsroom / CNA 15/05/2018 | BUSINESS
Co-op receives two bids in good bank, bad bank scenarios Commission clears acquisition of Altamira Cyprus by Co-op and Apollo Management Newsroom 14/05/2018 | BUSINESS
Israel eyes 5% claim of Cyprus' Aphrodite gas field If the sides fail to reach an understanding a solution will be based on estimated reserves 11/05/2018 | BUSINESS
Cyprus tourism income spikes 13% Visitors spent more and stayed longer during a holiday in February Newsroom 11/05/2018 | BUSINESS
All lights 'set on green' for end to Greek bailout Greece’s exit from a bailout programme looks set to proceed in August Source: Reuters 11/05/2018 | BUSINESS
UK food prices likely to rise without a Brexit deal If no trade agreement with the EU is reached there could be shortages of some products Source: Reuters 11/05/2018 | BUSINESS
Radisson hotels take over Larnaca A long-awaited business hotel opens in July in the middle of a busy summer Newsroom 10/05/2018 | BUSINESS
Bank of England keeps powder dry on rate rise Weak growth during a snowy start to 2018 was likely to be only temporary, but it wanted to see a pick-up in the economy Source: Reuters 10/05/2018 | BUSINESS
TUI plans to bring more German tourists to Cyprus Cyprus Tourism Organisation officials promote island as all-year-round destination Newsroom 10/05/2018 | BUSINESS