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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 ...
President Nicos Anastasiades is to have meetings with representatives of energy giants in the coming week as the July 22, 2016 deadline for expressions of interest in the third licensing round for hydrocarbons exploration draws near.
The Bank of Cyprus (BoC) recently announced the completion of the sale of Kermia Hotels Ltd and adjacent land for €26.5m.
The European Bank for Reconstruction and Development (EBRD) announced it is funding €10m in debt financing for the construction, development and operation of five solar photovoltaic parks with a total capacity of 11.9MWp in Cyprus
Cyprus – Tax- Announcement of the Ministry of Finance of the Republic of Cyprus Convention for the Avoidance of Double Taxation and the prevention of fiscal evasion with respect on taxes on income between the Republic of Cyprus and the Government of the Republic of India.
The Economics Research Centre at the University of Cyprus published a report recently that said in June 2016, economic sentiment in Cyprus deteriorated.
The Index of Industrial Production for April 2016 reached 79.9 units (base 2010=100), recording an increase of 10.8% compared to April 2015, according to data released by the Statistical Service of Cyprus.
Non-performing loans in the Cypriot banking system fell by €163.4m in April 2016, to €25.5bn in a month, the lowest since December 2014, the Central Bank of Cyprus said recently.
Software developer Logicom said that it expects more profit from its operations in the first half of 2016 in which turnover remained more or less unchanged.
Lordos Hotels (Holdings) Plc Ltd said recently it expects to report improved earnings in the first half of 2016.
Bank of Cyprus said it will consult its shareholders and other stakeholders before it decides its next steps concerning its intention to pursue a listing on the LSE, following Britain's decision to leave the EU.
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