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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 ...
Oman is interested in investments in Cyprus, especially in the field of natural gas, Minister of Petrol and Natural Gas of Oman has said, after a meeting with Energy Minister Giorgos Lakkotrypis in Muscat.
Cyprus' constructive and stabilising role in the Eastern Mediterranean region, including efforts to mediate between energy-producing and energy-consuming countries, were the focus of President Anastasiades’ contacts in New York.
Unemployment fell on a quarterly basis in Q2 to 15.4% from 16.9%, the statistical service said recently.
Experts and companies in the field of energy take part in the first regional meeting for collaboration on ‘Safety and Environmental Protection of Offshore Oil and Gas Operations in the Eastern Mediterranean’ in Nicosia.
Gulf Air has announced twice-weekly flights between Kuwait and Larnaca in response to demand from Kuwait, it said recently.
Τhe exploratory drilling of ENI/KOGAS consortium has begun, with the drilling rig Saipem 10000 reaching the seabed of its first well at 'Onasagoras' site in the block 9 of Cyprus Exclusive Economic Zone (EEZ).
International rating agency, Capital Intelligence (CI), announced that it has raised the Bank of Cyprus' (BoC) Financial Strength Rating (FSR) to 'B-' (from 'C+'), reflecting the greatly improved capital position.
Finance Minister Georgiades did not rule out achieving a primary surplus in 2015, but said the course of the adjustment programme must be followed.
The Bank of Cyprus is understood to be close to clinching agreements to sell 10 pieces of property, it emerged recently.
Energy issues, Cyprus, the developments in the broader Middle East area and their impact on Jordan, were mainly discussed during contacts House President Yiannakis Omirou and Cypriot parliamentary delegation held recently in Amman.
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