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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 ...
Central Bank of Cyprus governor Chrystalla Georghadji said that the International Monetary Fund is drafting the legislative framework for the reorganisation of the supervisory authority’s structure, the Cyprus News Agency reported recently.
Cyprus expects a third offshore natural gas licensing round in the eastern Mediterranean to be concluded early next year, despite opposition from Turkey, Energy Minister George Lakkotrypis says.
The number of property transactions rose 35% in April 2016, compared with the respective month of 2015, boosted mainly by sales in Limassol and Larnaca and external demand.
Cyprus Minister of Energy, Commerce, Industry and Tourism, George Lakkotrypis departs for Brussels where he will be a key speaker in an event titled 'Cyprus: A Key Player in the Eastern Mediterranean Region' organised by Natural Gas Europe.
Investment Funds assets amounted to €2,693 million in March 2016, marking a reduction of 6.7% compared December 2015, figures released recently by the Central Bank of Cyprus show.
Cyprus and the Government of the Republic of Latvia recently signed in Brussels the Treaty for the Avoidance of Double Taxation on Income.
Business software developer Microgen Financial Systems, a London-based company that is part of the technology group Microgen Plc with a €42m turnover in 2015, said that it acquired the Limassol-based InfoScreen (Cyprus) Ltd.
The turnover in the retail trade rose 2.5% in March 2016 compared to the respective month of 2015 in terms of value, the statistical service said recently.
The General Manager of the Ministry of Transportation Alecos Michaelides said the state will begin to reap the benefits of Limassol’s privatised port as soon as 2017, with the Larnaca port being next in line for big decisions.
Emirates, which operate daily flights between Dubai and Cyprus, announced a boost in the capacity on its twice weekly service to Larnaca and onward to Malta with the introduction of a Boeing 777-300ER aircraft starting from Wednesday, 1 June 2016.
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