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Cyprus shipping further strengthened its position as one of the island’s most important economic sectors in 2025, contributing around 7 per cent of GDP, approximately €1.9 billion, according to the Cyprus Shipping Chamber’s (CSC) annual report.
Cyprus Airways and flydubai have announced the launch of a new interline agreement, aimed at strengthening international connectivity and offering passengers seamless access to an expanded network across the Middle East, Asia and Africa.
The European Union saw a modest monthly recovery in construction output during March 2026, according to a report from Eurostat.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Non-performing loans in the Cypriot banking system fell in February 2019 by €122m to €22bn or 45.3% in a month and by €1.9bn in a year, the Central Bank of Cyprus said.
A deal between the Co-operative Bank of Cyprus and Hellenic Bank will be sealed soon, but it appears that taxpayers will be required to pick up part of the tab.
Cyprus participated in the biennial International Shipping Exhibition 'Posidonia' in Athens,one of the biggest of its kind in the world, with its own pavilion.
Rental prices have climbed steeply, especially in the heart of Limassol and Nicosia because of heightened interest by investors and retailers seeking new venues.
Foreign Minister Nicos Christodoulides has welcomed ExxonMobil’s intention to accelerate procedures ahead of scheduled offshore drillings in the island's exclusive economic zone.
Italy is currently Cyprus’ third largest trade partner with energy being the sector with the most significant potential, Foreign Minister Nikos Christodoulides has said
The groundbreaking ceremony for the new casino resort took place recently in Limassol attended by President Nicos Anastasiades who described it an “historic day” and a “major milestone” for Cyprus.
A delegation from US energy giant ExxonMobil led by the company’s vice-president for Europe, Russia, Asia, the Pacific and the Middle East, Tristan Asprey was in Cyprus for talks with the government recently.
Cyprus’ economy expanded 4% in the first quarter of 2018 compared to the respective three-month period last year and 1% compared to the quarter before, the statistical service said recently.
Third Point LLC, the US hedge fund which is Hellenic Bank’s largest shareholder is in talks with prospective investors to sell its 26.2% stake in the Cypriot lender, Bloomberg reported recently.
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