Cyprus aims to be LNG ‘export hub' - Energy Minister George Papanastasiou said on Friday that the aim is for Cyprus to become an export hub for liquefied natural gas, which will come from the deposits of the Eastern Mediterranean. Speaking at the 12th Cyprus Energy Symposium, in Nicosia, he stressed that the pri... more

House prices and rents went up in Q2 2024 - Eurostat reports that in the second quarter of 2024, house prices in the EU increased by 1.9% and rents by 0.7% compared with the first quarter of 2024.  Compared with the second quarter of 2023, the price of houses went up by 2.9%, while rents increased by 3.0%. House price... more

Cyprus’ GDP hits €31.34 billion in 2023, 6,5% - Cyprus’ gross domestic product (GDP) in nominal terms (current prices) reached €31.34 billion in 2023. This marks a growth rate of 6.5 per cent, according to the major revision of national accounts for 1995–2022 and the updated 2023 estimate from the Cyprus Statistical Servic... more

Cyprus Space Centre drives innovation with NASA - Cyprus advanced its space ambitions as the Cyprus Space Research and Innovation Centre (C-SpaRC) recently showcased key developments in its space programme. The Cyprus Space Exploration Organisation (CSEO) described C-SpaRC as a multi-million-euro national initiative funded b... more

Cyprus remains a prime investment destination - Cyprus remains a prime destination for investors eyeing lucrative deals in the real estate sector, as the island offers a variety of investment opportunities for both local and foreign investors, according to a leading real estate company. The biggest opportunity at the momen... more

Cyprus to appeal as a home for professionals - In recent years, Cyprus has been transforming itself from a popular tourist destination into a vibrant entrepreneurial hub. But what is driving this change, and why are so many startups flocking to this Mediterranean island? Stepan Kuzmin, Co-Founder of TellYourStartup, expla... more

Networking Partner at Elevate Summit 16-17 Oct - WTC Cyprus is proud to be part of the Elevate Summit as Networking Partner taking place in Cyprus. The summit intends to Connect PropTech and Real Estate Leaders. The real estate sector and proptech companies will have a brand-new opportunity to connect, learn from one anothe... more

Cyprus Admin Services sector lead Q2 growth - Administrative, support and real estate services in Cyprus performed well during the second quarter of 2024, according to the latest services turnover value index report. Specifically, according to the Cyprus Statistical Service (Cystat), administrative and support service ac... more

RICS Cyprus Property Index with KPMG in Cyprus - Quarterly publication of the property price and rental index, tracking property and rental prices across all Cyprus districts and main property types. During 2024Q2, modest increases were reported in nearly all asset categories compared with the previous quarter. The largest ... more

RICS Cyprus Property Index with KPMG in Cyprus - Quarterly publication (2024 Q2) of the property price and rental index, tracking property and rental prices across all Cyprus districts and  main property types.  During 2024Q2, modest increases were reported in nearly all asset categories compared with the previous quarte... more