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Cyprus shipping further strengthened its position as one of the island’s most important economic sectors in 2025, contributing around 7 per cent of GDP, approximately €1.9 billion, according to the Cyprus Shipping Chamber’s (CSC) annual report.
Cyprus Airways and flydubai have announced the launch of a new interline agreement, aimed at strengthening international connectivity and offering passengers seamless access to an expanded network across the Middle East, Asia and Africa.
The European Union saw a modest monthly recovery in construction output during March 2026, according to a report from Eurostat.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
Proceeds from immovable property tax for 2015 have reached some €80 million, with 80% of homeowners having already paid their dues.
The Cyprus Stock Exchange (CSE) council announced recently the Members’ Market Shares for the period of January 1 to November 30 2015.
In an attempt to reduceits involvement in the Greek real estate market Bank of Cyprus (BoC) has gone ahead and sold three hotel units in Greece and received a total amount of €9.6 million in an open bidding procedure.
Central Bank of Cyprus (CBC) Governor Chrystalla Georghadji that based on the international experience, it will take three to five years with a growth rate of approximately 3% for non-performing loans (NPLs) to fall from 47% today to 10% of the total loan portfolio.
The Public Debt Management Office sold a total of €100m in 13-week treasury bills at a recent auction.
Revenue from tourism rose more than 17% in September to €321.1m compared to the respective month a year before, the statistical service said recently.
Netherlands-based global oil terminal company VTTI will on 28 November 2015 celebrate one year of successful operation of its sophisticated oil storage terminal at Vassilikos, Cyprus.
Cyprus has adopted national opt-out measures to ban or restrict cultivation of already authorised genetically modified organisms (GMOs), with the approval of the European Commission.
The Hellenic Bank returned to profitability in the third quarter of 2015, having adequate capital.
Non-performing loans (NPL), which are the biggest problem in the banking system in Cyprus, have reached a reversal point, the Central Bank of Cyprus (CBC) said recently.
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