October was the busiest cruise month of 2022 - October was the busiest cruise month of 2022 for DP World Limassol, as 29 cruise ships carrying over 46,000 people, berthed at the port and used its passenger terminal.  Between January and October, DP World Limassol accommodated 128 cruise ships and 154,000 passengers,... more

Paphos European Capital of Smart Tourism for 2023 - The city of Paphos was officially named the European Capital of Smart Tourism for 2023, according to its Mayor Phedon Phedonos.  In a post on social media, the Mayor said that the result of the EU competition was announced Wednesday in Brussels, where a Paphos Municipality ... more

Cyprus to export excess renewable energy by 2027 - Ιt is estimated that by the end of 2027 Cyprus will have an excess of renewable energy that could be exported or exchanged, in addition to the quantities that could be available from Egypt, Israel, and Greece, President of the Republic, Nicos Anastasiades, said on Friday mo... more

Cypriot Economy 2022 Growth to 3.5% - The International Monetary Fund (IMF) has upgraded its forecast on the growth rate of the Cypriot economy in 2022 to 3.5% of the GDP from 2.1% that it expected in April 2022, while it downgraded its estimation for the 2023 growth rate from 2.5% to 3.5% that it expected l... more

Cypriot GDP increased compared to last quarter - Cyprus' GDP increased by 6.1% during the second quarter of 2022 compared with same quarter the previous year, according to a flash estimate published by Eurostat, the statistical office of the European Union. During the first quarter of the year, there was an increase of 6.0% ... more

DG Jones & Partners Moves Headquarters To Cyprus - DG Jones & Partners, the world-renowned international construction consultancy with a dynamic 60-year presence in at least 70 countries, is planning to move its headquarters to Cyprus. Joseph S. Psaroulla, Chairman of DG Jones & Partners, told InBusiness T... more

New Drilling at Aphorodite field in 2023 - The Minister of Energy, Commerce and Industry Natasa Pilides announced on Thursday that development of the Aphrodite field in Cyprus' exclusive economic zone will continue with an additional offshore drilling taking place in the first quarter of 2023. The announceme... more

Cyprus supports Green Tech in Med - Cyprus supports the creation of a common platform for the supply of natural gas, as well as the EU providing financial support for innovative green technologies to mainly address the needs of the Southern Mediterranean, the permanent secretary of the Ministry of Energy, Marios... more

Strategic Collaboration WTCCY & BOUSSIAS Cyprus - The launch of the strategic collaboration of WORLD TRADE CENTER CYPRUS and BOUSSIAS Cyprus was successfully held on Tuesday, June 21, 2022, at the Four Seasons Hotel, in Limassol. Mr Mehran Eftekhar, Director of WORLD TRADE CENTER CYPRUS , mentioned in his s... more

Independent Authority Committee against corruption - The President of the Republic Nicos Anastasiades on Tuesday announced the appointment of the Transparency Commissioner and the members of the Independent Authority against Corruption. As Government Spokesman Marios Pelekanos said in a written statement, President Anastasia... more