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Cyprus’ high-end property market recorded €197.7 million in major transactions during the first quarter of 2026, with Limassol and Paphos dominating the island’s most expensive sales, according to data released by Cypriot real estate analytics firm Ask Wire.
The Cyprus Chamber of Commerce and Industry (Keve) on Friday announced that it signed a strategic partnership agreement with the Cyprus Information Technology Enterprises Association (CITEA), aimed at strengthening the digital development of Cypriot businesses.
Negotiations on Cronos are in their final stages with first gas expected by mid 2028, Energy Minister Michalis Damianou said on Wednesday.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Parties pledge to submit their views on the casino regulations by end of February 2016, as MPs expect the issue to be finished by March this year.
The Transport Ministry is expected to select the preferred bidders for the Limassol Port commercialisation before the end of February 2016, Minister of Transport, Communications and Works Marios Demetriades has said.
Cypriot economy grew 1.6% in 2015 compared to the year before which was the highest rate in the past seven years”, Finance Minister Harris Georgiades said in a written statement.
Quarterly real GDP growth slowed to 0.4% in the fourth quarter of 2015 from 0.5% in the third, according to the flash estimate from the Statistical service Cystat.
Bank of Cyprus has again been awarded Best Private Banking in Cyprus by the internationally renowned journal Euromoney, according to a press release issue by BoC.
General Government budget balance registered a deficit of €82,5 million (0.5% of GDP) in 2015, compared to a deficit of €43m (0.2% of GDP) in 2014, an announcement from the Public Debt Management Office said.
The House recently passed two of six bills regulating the failure of banks and investment firms.
The success story of Cyprus is a success for the island, its government and the people, a spokesman of the International Monetary Fund (IMF) told the press recently.
The energy sector is a priority for Cyprus, Minister of Transport Marios Demetriades has said.
Cyprus is about to exit its economic adjustment programme and is standing again on its own feet, having regained its credibility as a country and as an economy, Finance Minister Harris Georgiades has said.
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