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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 ...
Applications made to the immovable property commission by the Greek Cypriots fell 73% in 2016 compared to the figures of 2015, the press reports.
Limassol has been a foreign investment magnet for decades, transforming itself into a city with landmark buildings, high rents and trade, and its success allowed it to survive the recent crisis comparatively unscathed.
High-level government officials from Cyprus, Greece, Israel and Italy plan to meet in February 2017 to discuss a natural gas pipeline from the East Mediterranean fields to Greece and Italy, according to press reports.
The net amount of outstanding loans in the Cypriot banking system dropped by €98m in December 2016 in a month to €54.4bn, as net deposits also fell by €74.9m to €49bn, the Central Bank of Cyprus said.
Hellenic Bank said that it set up a webpage to promote real property in its possession at https://www.hbreonline.com managed by its Property Management Unit.
The dismantling of the oil and gas installations which have been a part of Larnaca for more than 50 years was officially launched recently in the presence of Energy Minister Giorgos Lakkotrypis and other officials who all called it an ‘historic day’.
The economic sentiment indicator rose in January 2017, for the fifth consecutive month, by 0.4 units to 117.4, which is a new post-June-2001 high, mainly on increased business confidence in services and construction, the University of Cyprus said.
Andrus Ansip, Vice-President of the European Commission for the Digital Single Market, is in Cyprus to meet with national authorities and stakeholders.
The expansion of real economic activity in Cyprus is expected to continue in 2017 at rates similar to those registered in 2016, according to the economic outlook for 2017 published by the Economics Research Centre of the University of Cyprus.
Bank of Cyprus aims at attracting institutional investors for longer term placement in the bank’s share, days after its London Stock Exchange listing, said the bank’s chief executive officer John Hourican.
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