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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 ...
The communications ministry has called for tenders’ proposals for a feasibility study on a tram network in the greater Nicosia region.
Cyprus’ anti-money laundering unit (MOKAS) is cooperating closely with US authorities in a major case involving theoperators of a digital currency exchange with links on the island through numerous bank accounts.
Foreign investors will now be able to obtain Cypriot citizenship if they bring in €5 million, have large bank accounts or perform certain business transactions on the island.
Hellenic Bank posted a €31.7 million loss in the first quarter, taking a hit from higher provisioning for bad loans and from the sale of its Greek business as part of an international bailout for Cyprus.
German professor Heinz Richter says it is time to put an end to wrong perceptions in Germany regarding the banking sector and the way the economic situation is being managed in Cyprus.
Greek banker Christos Sorotos has been appointed interim Chief Executive Officer at Bank of Cyprus, the island’s biggest lender currently under temporary control by the Central Bank (CBC) as part of Cyprus’ bailout.
Chinese plan to invest €1.5 billion in Cyprus, showing strong confidence in the prospects and potential of the country.
US firm Noble Energy is to begin appraisal drilling at the Aphrodite offshore prospect in early June to confirm Cyprus' estimated hydrocarbon reserves.
Leaked internal documents of the International Monetary Fund (IMF) reveal the executive board’s concern over “optimistic” and “ambitious” forecasts of a Cyprus recovery under the troika bailout and adjustment programme.
Executive President of the Cyprus National Hydrocarbons Company (CNHC) Dr. Charles Ellinas shares his vision.
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