Monday, Aug 20, 2018
Cyprus is the only stable country in the East Mediterranean Apr 20, 2016
Industry & Trade | Europe | Cyprus
We asked Cypriot business and political leaders about their insight on the changing brand of Cyprus since the image crisis following the 2013 financial... Apr 14, 2016
Industry & Trade | Europe | Cyprus
Wargaming co-founder and CEO Victor Kislyi discusses why the award-winning online game developer, publisher and industry leader chose Cyprus as a base... Apr 10, 2016
Telecoms & ICT | Europe | Cyprus
Opening of tertiary education to private sector in 2007 has raised standards Apr 05, 2016
Professional and financial services sector supports vision of international business hub Mar 31, 2016
Cyprus is increasingly ranked on the shortlist of decision makers when it comes to choosing the right location to establish international and regional... Mar 26, 2016
Industry & Trade | Europe | Cyprus
With Cyprus finally back on its feet and on the road to recovery following a major banking crisis that crippled the country’s economy, the eastern... Mar 24, 2016
This year’s meeting of the World Exchange Congress (WEC) on March 22-23 takes place...
After a devastating banking crisis in 2013, Cyprus’ economy is bouncing back as the Mediterranean Island positions itself as not only an idyllic... Mar 20, 2016
The government is working closely with private firms in the transport and communications sectors to turn well-positioned Cyprus into a competitive business... Mar 15, 2016
Infrastructure | Telecoms & ICT | Europe | Cyprus
Cyprus was hit harder than most by the global economic downturn but green shoots are emerging and the country’s prospects are beginning to brighten Mar 10, 2016
Held in high regard by the public and politicians alike for their ethical, social and community-focused approach to financial services, co-operative banks... Mar 03, 2016
Cyprus’ largest bank, which sold one billion euros worth of seven-year bonds in April, now plans to raise a further 10 billion from 10-year bonds... Feb 27, 2016
The European Bank for Reconstruction and Development (EBRD) bolstered its engagement with... Jan 08, 2016
Michael Ioannides, General Manager of JCC Payment Systems Ltd, explains how his company’s... Jan 08, 2016
Christakis P. Papavassiliou, Managing Director of shipping and freight forwarding agent... Dec 10, 2015
Cyprus offers an “international environment that provides an extensive shipping network... Dec 03, 2015
John Hourican, Bank of Cyprus’ outgoing CEO, explains the Cypriot economic renaissance,... Dec 03, 2015
Cyprus’ largest bank, which sold one billion euros worth of seven-year bonds in April,...
Feb 27, 2016
Nicos Peristianis, founder and Council President of the University of Nicosia, one of the... Dec 01, 2015
Cyprus’ Minister of Agriculture, Rural Development and Environment Nicos Kouyialis... Dec 01, 2015
Klelia Vasiliou, Managing Director of the Troodos Development Company and the Troodos Geopark... Dec 01, 2015
Chairman of K. Treppides & Co., the largest independent consulting firm in Cyprus, Kikis... Dec 01, 2015
Professional and financial services sector supports vision of international business hub
Mar 31, 2016
Constantinos Xydas, CEO of Hellenic Copper Mines, looks at Cyprus’ long mining tradition,... Nov 18, 2015
World Report sits down with Hellenic Bank Chairwoman, Irena Georgiadou, to discuss current... Oct 02, 2015
Cyprus was hit harder than most by the global economic downturn but green shoots are emerging...
Mar 10, 2016
World Report sits down with Cyprus Investment Promotion Agency (CIPA) Chairman, Christodoulos... Oct 02, 2015
After a devastating banking crisis in 2013, Cyprus’ economy is bouncing back as the...
Mar 20, 2016
World Report sits down with the Minister of Justice and Public Order, Ionas Nicolaou, to... Oct 01, 2015
Hermes Airports’ CEO Wes Porter discusses their experience as one of the largest foreign... Sep 25, 2015
World Report sits with Wargaming co-founder and CEO Victor Kislyi to discuss why the award-winning... Sep 21, 2015
Wargaming co-founder and CEO Victor Kislyi discusses why the award-winning online game developer,...
Apr 10, 2016
Angelos Loizou, Chairman of the Cyprus Tourism Organization (CTO), discusses how one of... Sep 09, 2015
Looking to establish itself as an important national and regional player, the Cyprus Telecommunication... Sep 08, 2015
The government is working closely with private firms in the transport and communications...
Mar 15, 2016
Cyprus’ Minister for Energy, Commerce, Industry and Trade Yiorgos Lakkotrypis discusses... Aug 20, 2015
With 33 operators expressing interest in the Limassol port concessions, it is clear that... Aug 18, 2015
Lanitis Group, one of the largest private sector conglomerates in Cyprus, has seen the best... Aug 18, 2015
World Report sits down with Nicholas Hadjiyiannis of Cooperative Central Bank to discuss... Aug 07, 2015
Held in high regard by the public and politicians alike for their ethical, social and community-focused...
Mar 03, 2016
LOCATION:
Middle East, island in the Mediterranean Sea, south of Turkey
MAP REFERENCES:
Middle East
AREA:
total: 9,251 sq km (of which 3,355 sq km are in north Cyprus)
CLIMATE:
temperate; Mediterranean with hot, dry summers and cool winters
NATURAL RESOURCES:
copper, pyrites, asbestos, gypsum, timber, salt, marble, clay earth pigment
POPULATION:
1,189,197 (July 2015 est.)
GOVERNMENT TYPE:
republic
CAPITAL:
name: Nicosia (Lefkosia/Lefkosa)
LEGAL SYSTEM:
mixed legal system of English common law and civil law with European law supremacy
GDP - real growth rate:
-2.8% (2014 est.)
-5.4% (2013 est.)
-2.4% (2012 est.)
GDP - composition, by sector of origin:
agriculture: 2.9%
industry: 10.5%
services: 86.6% (2015 est.)
AGRICULTURE - products:
citrus, vegetables, barley, grapes, olives, vegetables; poultry, pork, lamb; dairy, cheese
Agriculture - products: citrus fruit, dairy, potatoes, grapes, olives, poultry, lamb
INDUSTRIES:
tourism, food and beverage processing, cement and gypsum, ship repair and refurbishment, textiles, light chemicals, metal products, wood, paper, stone and clay products
Industries: foodstuffs, textiles, clothing, ship repair, clay, gypsum, copper, furniture
EXPORTS:
$1.916 billion (2014 est.)
$2.14 billion (2013 est.)
Exports: $68.1 million, f.o.b. (2007 est.)
EXPORTS - commodities:
citrus, potatoes, pharmaceuticals, cement, clothing
EXPORTS - partners:
Greece 17.6%, UK 14.6% (2013 est.)
IMPORTS:
$6.827 billion (2014 est.)
$6.42 billion (2013 est.)
Imports: $1.2 billion, f.o.b. (2007 est.)
IMPORTS - commodities:
consumer goods, petroleum and lubricants, machinery, transport equipment
IMPORTS - partners:
Greece 23.6%, Israel 13.7%, Italy 7.1%, Germany 6.6%, UK 6.5%, France 6.4%, Netherlands 6.2%, Spain 4.4%, China 4.3% (2013 est.)
The Worldfolio provides intelligence about the economies with the highest growth potential in the world, with a focus on understanding them from within.
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