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Inflation in Cyprus continued to decline on an annual basis for the fifth consecutive month in September, according to figures released this week by the Cyprus Statistical Service (Cystat).
The Central Bank of Cyprus (CBC) has released new data on average interest rates and loan volumes for August 2025, highlighting a slowdown in lending activity and contrasting trends in borrowing costs across different sectors.
Cyprus’ tourism sector in 2025 is expected to perform similarly to the levels recorded in 2024, according to the president of the Cyprus hoteliers association (Pasyxe) Thanos Michaelides.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Larnaca-based carrier Cyprus Airways announced the launch of ticket sales for its Summer 2020 destinations to Greece, Europe and the Middle East.
Following a short transitional period, Mr. Theodosis Michalopoulos is officially assuming the position of CEO for Microsoft Greece, Cyprus and Malta.
Bank of Cyprus has received the international recognition as the Best Foreign Exchange provider in Cyprus for 2020 by the accredited magazine Global Finance.
Limassol Municipality officially announced recently ACES Europe has designated it as a European city of sport for 2020.
The Ayia Napa marina has been opened for trial operations, the project’s CEO Stavros Caramondanis told media representatives during a guided tour of the site recently.
With its profits continuing to rise on the back of containing expenses, state telecoms operator Cyta will spend €500,000 to hire consultants who will advise on its privatisation process and the search for strategic investors.
Bank of Cyprus recently announced a third-quarter net profit of €19m, and €119m for the first nine months of 2019, as it continued to repair its balance sheet.
The House commerce committee decided unanimously to cut the renewable energy charge on electricity bills by half per KwH from one cent currently in force, starting in 2020.
Cyprus is set to sign a contract to supply natural gas to the domestic market by the end of the year, Energy Minister Yiorgos Lakkotrypis said recently.
The grant scheme for installing renewable energy sources (RES) in homes will continue in 2020 the Energy Ministry announced recently.
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