In 2022, for 20.1% of enterprises in Cyprus (19.7% of EU enterprises), the e-commerce sales reached at least 1% of their total turnover, which was 3 percentage points higher (+0.7 pp in the EU)...
Cyprus has managed to get over three seismic crises - the economic crisis of 2013, the pandemic and the war in Ukraine - Cyprus President, Nicos Anastasiades said on Monday speaking at a luncheon...
20/02/2023
The number of bankruptcy declarations among EU businesses increased substantially in the fourth quarter of 2022 (+26.8% compared with the previous quarter), while estimates for Cyprus show a decrease...
20/02/2023
Despite the small increase in number, total assets of investment funds in Cyprus decreased by 5.7% in the fourth quarter of 2022, according to data released on Friday by the Central Bank of Cyprus (...
17/02/2023
A company specializing in athletic cognitive training, i-BrainTech announced its expansion to Cyprus. Invest Cyprus welcomed the selection of Cyprus by the Israeli company, as an ideal destination...
14/02/2023
A total of 187 applications submitted by women were approved in 2021 for the amount of 10.6 million euros, in the framework of the New Entrepreneurship Programme covering the period 2021-2027, Energy...
02/02/2023
During the 3rd quarter of 2022, there was an increase in the number of Management Companies and Undertakings of Collective Investments (UCIs) to 333, with the assets under management reaching €9.9bn....
24/01/2023
People find the cost of sending parcels to be high, accrording to a survey conducted by the Office of Electronic Communications & Postal Regulations (OCECPR), from October to December 2022. The...
16/01/2023
Cyprus Economy and Competitiveness Council proposed the encouragement of acquisitions and mergers of Cyprus' companies in order to improve their competitiveness.According to a written recommendation...
16/01/2023
Forty percent of citizens and nearly half of businesses have experienced some sort of cyber attack in the past 12 months, according to surveys on cyber security.According to the Commissioner of...
12/12/2022