Looking for information related to a business in Cyprus? Visit the Business Directory
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 number of new company registrations rose in April by 17% to 1,029 compared to the respective month of 2015, the department of company registrar and official receiver said recently.
Italy’s national airline Alitalia will begin flights to Cyprus after a six-year absence, while Greek company Ellinair has officially arrived in Cyprus aiming to directly connect Europe with Russia.
The Cyprus Securities and Exchange Commission announced recently that it will promote amendments to the legal framework governing collective investments, a move that would boost the Cyprus investment fund sector, CySEC Chairwoman Demetra Kalogirou said.
The Cyprus Chamber of Commerce andIndustry(CCCI) and the Cyprus-China Business Association signed a cooperation agreement with the China-UK Business Association and the China-Britain Business Council, aiming to promote Cyprus as an international investment and business centre.
The latest figures for the EU-harmonised consumer price index (HICP) confirm the deflationary trend in Cyprus, with prices measured by the HICP dropping year on year by 2.1% in April 2016 after a decline of 2.2% in March according to the Statistical Service, Cystat.
Holders of Cypriot cards used plastic money for purchases in Cyprus worth €189m in April 2016 and €764m in the first four months of 2016, which was 14% and 7% higher compared to the respective periods of 2015, JCC Payment Systems said recently.
The Ministry of Energy, Commerce, Industry and Tourism said that Poseidon Grand Marina of Paphos was the successful bidder in a competition for the construction of a marina in Paphos with a capacity of 1,000.
Revenue from tourism rose 22% year-on-year in February 2016, to €37.6m, the statistical service said recently.
“Cyprus Needs a Compromise and Common Efforts” says Stavros Pavlou, Senior & Managing Partner of Patrikios Pavlou & Associates LLC in an interview as published in the April-June 2016 issue of the Cyprus-Russian Successful Business Magazine.
Though initially Cyprus was to borrow €10 billion from the Troika, the final balance sheet shows the amount to be precisely €7,248,793,691, which it must pay back by 2031.
<1…783784785786787788789…1156>
