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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 ...
The next steps for Bank of Cyprus are preoccupied with the bank’s listing in the London Stock Exchange.
The chairman of the Cyprus Investment Promotion Agency said that following the 2013 crisis Cyprus entered a stability and growth course and progress in various areas make it “a model of economic recovery in the European Union”.
Italy’s oil and gas giant ENI is cautiously optimistic about the prospects for offshore gas in Cyprus.
The European Commission disbursed today a €730,000 grant to Cyprus from EU Solidarity Fund (EUSF), as an advance payment following the Cypriot request for EUSF assistance after the drought and the wildfires of June 2016.
Cyprus' inflation stood at -1% in October 2016, from 0.4% in September 2016, according to Eurostat.
Cyprus’ government debt rose in September 2016 to €19.4bn from €18.7bn in June and €18.8bn in September 2015, mainly on accumulation of cash reserves by the government, the Public Debt Management Office said.
Finance Minister Harris Georgiades said that the government’s view on its financial targets for 2017 differs from that of the EC and would be explained to the Council of Finance Ministers in December 2016.
Pafilia Property Developers Group of Companies announced the appointment of the Arabian Construction Company (ACC) and Joannou & Paraskevaides Group (J&P Group) consortium, for the construction of luxury residential project, ONE,in Limassol.
Cyprus and India will sign a new double tax avoidance treaty, the Finance Ministry said, opening the way for the island’s removal from the Indian government’s blacklist.
Tourist arrivals rose 33% year-on-year in October 2016, to 357,194, a new peak for this month of the year, the statistical service said.
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