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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 ...
Cyprus and San Marino recently signed in Nicosia a double taxation avoidance agreement.
The board of directors of the Asian Infrastructure Investment Bank (AIIB) approved Cyprus’ admission as a full member, the bank and the Finance Ministry said recently.
Oman’s Special Economic Zone Authority at Duqm (SEZAD) in cooperation with the Cyprus Chamber of Commerce is organising a Business Forum in Nicosia, Cyprus on May 25, 2017 at Hilton Park Hotel to present investment opportunities in Oman.
The cabinet has rubber-stamped the casino licence deal with the only bidder, Melco Hard Rock consortium.
The government expects to collect over €7.4bn in 2018, or 3.6% more than this year, and spend just below €7.4bn, up 2.9%, Finance Minister Harris Georgiades said recently.
The cabinet recently approved a proposal by state-owned Natural Gas Public Company (Defa) to proceed as soon as possible with two tenders for the import of natural gas.
Real estate prices in all categories rose in the fourth quarter of 2016, both annually and quarterly, as demand for residential properties is pushing prices up mainly in coastal areas, the Cyprus division of the Royal Institute of Chartered Surveyors (RICS) said.
Tourist arrivals rose an annual 27% in April 2017 to 286,331, an all-time record for the month, with almost all major markets performing strongly, the statistical service said.
Eurogate Container Terminal Limassol Ltd said that it intends to invest €30m in upgrading infrastructure and services at Limassol Port, including two new crane bridges.
The Cypriot economy expanded 3.4% in the first quarter of the year, compared to the respective three-month period of 2016, and a seasonally adjusted 3.3%, the statistical service said citing a flash estimate.
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