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Cyprus’ high-end property market recorded €197.7 million in major transactions during the first quarter of 2026, with Limassol and Paphos dominating the island’s most expensive sales, according to data released by Cypriot real estate analytics firm Ask Wire.
The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it signed a strategic partnership agreement with the Cyprus Information Technology Enterprises Association (CITEA), aimed at strengthening the digital development of Cypriot businesses.
Negotiations on Cronos are in their final stages with first gas expected by mid 2028, Energy Minister Michalis Damianou said on Wednesday.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
B2Kapital Cyprus Ltd, the first company licensed to buy loans, aims at helping affected borrowers get rid of the stigma of not repaying their loans via consensual solutions, its chief executive said.
The harmonised consumer price index dropped in April 0.3% compared to the respective month of 2017 mainly on cheaper industrial products, the statistical service said.
The Insurance Companies Control Service (ICCS) said that it temporarily suspended the licence of Olympic Insurance Co. Ltd to enter new business and renew existing contracts citing capital adequacy issues.
The Cypriot economy expanded 3.8% in the first quarter of 2018 compared to the respective period last year, the statistical service said, citing a flash estimate.
The government generated a fiscal surplus of €297.3m in the first three months 2018, compared to a surplus of €166.3m in the respective quarter of 2017, the statistical service said.
Cyprus will forge ahead with natural gas plans, having international law and the international community on its side, government spokesman Prodromos Prodromou said recently.
Government spokesman Prodromos Prodromou said he expects the economy will expand in 2018 by around 4% before returning to full employment conditions in “two or three years”.
Travel agents from the Baltic states of Lithuania, Latvia and Estonia have expressed great interest in Paphos, the town’s tourism board said recently.
B2Kapital Cyprus Ltd, which entered an agreement with Hellenic Bank to acquire €145m of loans more than four months ago, said that it received green light from the supervisor.
A groundbreaking ceremony for Cyprus’ new casino-resort will be held on June 8, 2018, according to the Melco Resorts and Entertainment CEO Lawrence Ho.
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