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The Bank of Cyprus posted a profit after tax of €117 million for the first quarter of 2025, marking an increase of 9 per cent compared to the previous quarter.
Larnaca has begun work on what is expected to become one of Cyprus’ most important cultural landmarks, a €30 million Art and Design Centre set to be completed by 2030.
The highest average interest rate on new floating-rate housing loans reached 5.24 per cent in March, according to a report published on Monday by the Central Bank of Cyprus (CBC).
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Troika officials begin their fourth review of the island’s economic adjustment programme by discussing progress on the National Health Scheme and NPLs.
Halliburton and Schlumberger, two of the world’s largest oilfield services companies, have chosen Cyprus as their base of operations for the eastern Mediterranean.
The Paphos hoteliers association confirms an increase in the number of Russian holidaymakers to the western coastal town.
The successful issuing of the European bond constitutes a strategic move that is related to the timely preparation of Cyprus’ return to the markets, said the Finance Minister recently.
The European Commission’s spring forecast confirms that Cyprus economic adjustment is on the right track and that the island will exit recession in 2015.
Diyful is an online platform that offers useful and innovative information for new entrepreneurs and could attract foreign investments.
Preparations for the implementation of the Minimum Guaranteed Income (MGI) scheme continue as planned and will be ready for initial deployment on July 1, 2014, assures the Labour Minister.
President Anastasiades is on a four-day state visit to Berlin, where he will meet with German Chancellor Merkel to discuss the economy, the Cyprus issue and energy.
Income from tourism has started to move upwards with official data recently showing that tourist spending in February 2014 increased 10.5% on the same month last year.
Cyprus abolishes restrictions on cashing cheques as it lifts the last main domestic capital controls imposed in March 2013 to avoid a run on banks during bailout negotiations.
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