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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 ...
A significant increase of 12.5% was recorded in income from tourism during the months of January-February 2016, while the yearly increase in February came to 21.7%, according to recent data from the Statistical Service.
Vice President of the European Investment Bank Jonathan Taylor spoke about the economic recovery of Cyprus in a particularly positive light, and focused on the future prospects of the country as a centre of investment and business.
The European Bank for Reconstruction and Development (EBRD) will be holding its next annual meeting in Cyprus.
The Cyprus economy grew by 2.6% in the first quarter of 2016, according to a flash estimate compiled by the Statistical Service.
The Larnaca port and marina project will be put to tender by September 2016, while other infrastructure projects in the pipeline are to be rolled out in the near future, Transport Minister Marios Demetriades said recently.
Energy giants Noble, Delek and BG are poised to return the exploratory rights of Block 12 in the Aphrodite field, following seven years of exploring the reservoir within Cyprus’ Exclusive Economic Zone (EEZ).
The Cyprus economy will grow at a rate of 2.2% of GDP in 2016, the Ministry of Finance predicts.
More and more Russians are set to flock to the island in the summer of 2016, leading the way for smaller markets to follow suit.
A Cyprus-based programme has been shortlisted as one of the nine best and successful candidates in a European competition for the promotion of safe, clean and efficient energy.
Cyprus can expect GDP growth of 2% says the European Bank for Reconstruction and Development (EBRD).
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