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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 ...
The Cyprus Airways (CY) board is preparing a plan to make the ailing company viable, Transport Minister Marios Demetriades said recently, but the government will not pour any more funds into the company.
A total number of 2,300 persons were granted Cypriot citizenship in 2012 according to data released recently by Eurostat.
The InterContinental Aphrodite Hills Resort Hotel has won 'Cyprus Best Golf Hotel’ and the Aphrodite Hills Golf has won 'Cyprus Best Golf Course' at the first-ever World Golf Awards 2014 ceremony which took place on 15th November 2014 in Algarve, Portugal.
Property prices continued to fall in the third quarter of 2014, with year-on-year values dropping by as much as 4-6%, according to the RICS Cyprus Property Price Index.
Professional associations and construction sector unions have banded together in an attempt to help revive the industry, hard hit by the island’s financial crisis.
Hotel prices in Cyprus have fallen the most in Europe for November 2014, according to a top international hotel price comparison website.
The reserve estimate for the Aphrodite natural gas field offshore Cyprus has been raised by 12%, and most of the gas is likely to be exported, Israeli firms involved in the project said.
Energy Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis says there are significant signs of restored confidence in Cyprus' economy.
Moody's Rating Agency recently upgraded Bank of Cyprus’ (BoC) long-term deposit ratings to Caa3 from Ca with stable outlook, warning however that the lender still faced immense challenges.
A draft bill to modernise company law will be submitted to the House by the end of November 2014, Commerce and Energy Minister Giorgos Lakkotrypis said recently.
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