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The Bank of Cyprus (BoC) has announced the date for reviewing its audited financial statements for the year ended December 31, 2025, and released an updated financial calendar for 2026.
Cyprus’ real estate sector is entering a period of transformation, according to Yiannis Misirlis, chairman of the Cyprus Property Developers Association,
Cyprus recorded an accelerated increase in house prices in the fourth quarter of 2025, driven by strong demand from both domestic and foreign buyers, according to the Central Bank of Cyprus (CBC).
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
A high-powered Cypriot delegation is in Russia to accelerate the exchange of technologies and boost collaboration on innovation and start-ups.
CyprusProfile talks to Stavros Pantzaris, Country Managing Partner of EY Cyprus, on key areas of opportunity or growth, and expectations for Cyprus in 2018
The government last year generated a fiscal surplus on a cash basis of €360.7m or around 1.9% of the economy compared to a surplus of €82.4m in 2016 as higher revenue offset an increase in spending, the statistical service said.
CyprusProfile talks to Alex Mouradian, Sales Director Hellas, Cyprus & Malta of SAP Cyprus Ltd, on key areas of opportunity or growth, and expectations for Cyprus in 2018
Bank of Cyprus said that it generated in 2017 an after-tax loss of €554.3m compared to a net profit of €67.2m in 2016 mainly on increased provisions for loan impairments in line with its August profit warning.
The amount of deposits in Cypriot banks fell in January by €557.9m to €48.6bn in a month while total loans rose for a third consecutive month by €53m to €51.1bn, the central bank said.
Two bids for the development of the port and marina in Larnaca from Israel and China are expected to be submitted by the end of April 2018, Transport Minister Marios Demetriades said recently.
CyprusProfile talks to Evgenios C. Evgeniou, CEO of PwC Cyprus, on key areas of opportunity or growth, and expectations for Cyprus in 2018
Melco Resorts & Entertainment, the company behind City of Dreams Mediterranean, the integrated casino resort which is set to open in 2021 in Limassol, announced recently some of its first 500 job opportunities.
The economic sentiment indicator dropped by 0.7 units in February 2018 to 119.1 mainly on a deterioration of business confidence in services, even as consumer confidence hit an all-time high, the University of Cyprus said.
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