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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 ...
Interest rates for loans and deposits continue to drop in Cyprus as each month passes.
Cyprus-based carrier Cobalt has signed agreements for three Airbus A320 aircraft, ahead of the airline’s launch to European and Middle Eastern destinations by the end of May 2016.
Three years after signing up to a financial bailout programme, Cyprus is set to see bad loans fall, said Central Bank Governor Chrystalla Georghadji.
Banks in Cyprus hold almost €1 billion in sell-able real estate assets according to recently published data.
Greece is the main trading partner for Cyprus, (11% of trade volume), followed by Ireland (10%) and the UK (7%), according to statistical data released recently by Eurostat.
Bank of Cyprus' move to secure a premium listing on the London Stock Exchange (LSE) could be considered a turning point for Cyprus' largest lender, the bank's Finance Director Christakis Patsalides has said.
British Airways has announced a twofold increase in the number of daily flights from Larnaca to London Heathrow Terminal 5, from 7 to 14 per week.
Electricity prices fell 8% in March 2016 over the previous month, the Electricity Authority of Cyprus (EAC) said recently.
Noble Energy, Delek and BG (now owned by Shell) are close to announcing a natural gas development plan for the Aphrodite field.
Hellenic Bank Group posted net profit of €13 million for 2015, marking a turnaround from a loss of €118.6 million in 2014.
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