News

2024

  • 'FIND ME FALLING' FROM CY TO NETFLIX - Find Me Falling, a film produced in Cyprus starring well-known singer and actor Harry Connick Jr and written and directed by Cypriot writer/director Stelana Kliris, has topped the Netflix Weekly Top 10 lists of the most-watched TV and films, in its very first week of streaming... more

  • Cyprus gearing up to tap international markets - The Finance Ministry is considering to tap international capital markets, utilising the positive momentum generated after repetitive upgrades of Cyprus sovereign credit rating by international ratings agencies. Cyprus has enjoyed two upgrades by rating agencies Standard and P... more

  • Cyprus to invest €3+ billion on climate change - Cyprus’ total investment on climate change in both EU and public funds as well as private investments are estimated to amount to €3.1 billion by 2030, the Finance Ministry has said. The European Union has set ambitious goals with regard to the green transition, adopting the G... more

  • Moody's upgrades Cyprus outlook to positive - Rating’s agency Moody’s on Saturday, May 25 upgraded the outlook on the government of Cyprus to positive from stable. The decision to improve the outlook reflects Moody’s confidence in the potential for strong fiscal and debt outcomes in Cyprus over the next few years. Accord... more

  • Cyprus economy - highest growth rate in 5 quarters - The Cypriot economy exhibited its highest growth rate in the last five quarters during the first quarter of 2024, with Gross Domestic Product (GDP) increasing by 3.5 per cent compared to the same quarter of 2023, according to a preliminary estimate by the Cyprus Statistical Se... more

  • 20 years WTC Cyprus - We are proud to announce our 20-year anniversary as WTC Cyprus license holder. For 20 years we have been committed to serve the business community promoting the WTC Brand. Over the years, in Cyprus, our World Trade Center is a key player in providing Trade Services, Event Org... more

  • Wealthy migrants are welcome in Cyprus - Cyprus is considering easing residency permit requirements for wealthy foreign nationals under a proposed bill. The proposed legislative changes would grant residency permits to third-country nationals who invest €250,000 in housing and have an annual income of €40,000. Acco... more

  • 2023 record year for property sales in Cyprus - Demand for luxury apartments in high-rise developments set to decline Limassol dominated the real estate market in 2023, accounting for 41 per cent of the total sales value across the country in a year a Deloitte report published on Tuesday described as record breaking. Th... more

  • World Cybersecurity Summit held in Nicosia,Cyprus - We're excited to share with you the highlights from the recent World Cybersecurity Summit 2024, a significant event under the auspices of WTC Cyprus in collaboration with our esteemed partners, Boussias Cyprus. Held on the 28th of March, the summit marked a pivotal moment in ... more

  • Eni Total confirm ‘excellent’ natgas at Cronos 2 - Italy’s Eni and French TotalEnergies confirmed Thursday, March 7 the extension and “excellent” well deliverability at their joint natural gas field within the Cronos discovery in the Cyprus offshore exclusive economic zone. The announcement comes a month after their explorati... more