The 55 start-ups currently active in Cyprus employ mainly of 2-5 people, have an average operation time of 3.5 years and with limited participation of women. These are the findings of a study...
Cyprus ranks 40th in terms of competitiveness, moving down seven places compared to 2021.The decline in the ranking is mainly due to a significant deterioration in the position of Cyprus in terms of...
16/06/2022
Cyprus’ government announced a new package of financial support for vulnerable groups of the population, to the tune of €103 million on Friday, to offset the impact of inflation and the war in...
30/05/2022
A set of measures to offset the impact of the new global economic crisis due to the Russian invasion of Ukraine is to be submitted to the Council of Ministers next week for approval, Cyprus'...
20/05/2022
The reasons that make Cyprus an attractive international business and entrepreneurship hub were presented by the Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos at the...
11/05/2022
Growth was recorded in 2021 in the services and industry sectors, according to a statement issued by the Cyprus Employers and Industrialists Federation (OEB) on Saturday.OEB notes that in 2021 the...
09/05/2022
The Ministry of Finance has long been committed to introducing a financial instrument to support startups and innovative companies with equity financing, Finance Minister Constantinos Petrides has...
05/05/2022
In 2020, 23% of enterprises in Cyprus increased efforts to sell goods or services over the internet due to the effects of the pandemic, compared with 12% of businesses in the EU, according to data...
12/04/2022
New measures to ease restrictions to combat the coronavirus pandemic were announced on Thursday by Health Minister Michael Hadjipantela, who noted that the word "respect" is the key to the new era of...
07/04/2022
The growth in the investment funds sector in the recent years, despite of the conditions of the pandemic and high uncertainty, has now established the Investment Fund sector as one of the fastest...
07/04/2022