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The Bank of Cyprus (BoC) has announced the date for reviewing its audited financial statements for the year ended December 31, 2025, and released an updated financial calendar for 2026.
Cyprus’ real estate sector is entering a period of transformation, according to Yiannis Misirlis, chairman of the Cyprus Property Developers Association,
Cyprus recorded an accelerated increase in house prices in the fourth quarter of 2025, driven by strong demand from both domestic and foreign buyers, according to the Central Bank of Cyprus (CBC).
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The government of Cyprus is aiming at deepening its strategic partnership with the United States, in order to secure its support for Nicosia's energy designs, Energy Minister Yiorgos Lakkotrypis said recently.
President Nicos Anastasiades recently said that his administration would launch an attack on bureaucracy, to facilitate business activity and stimulate the island's economy.
The Bank of Cyprus is expected to embark on a road-show to attract new investors and fresh funds from exiting investors, expected to raise about €1b from the markets and boost the lender’s capital adequacy levels by at least four percentage points.
National carrier Cyprus Airways (CY) will be starting daily flights to London’s Stansted airport on September 14, 2014 it was announced recently.
The government estimates that taxable properties are worth a total €155b, aiming to raise about €140m from a levy that owners and parliament want adjusted in order to make it fair to all and to introduce a tiered system instead of the proposed flat tax.
The Board of Directors of the European Stability Mechanism (ESM) recently approved the disbursement of €600 million to Cyprus, following the positive assessment of the island's quarterly economic adjustment programme.
Oil India Limited has completed the acquisition of 50% shareholding in WorldAce Investments Ltd (WorldAce), a Cyprus-based wholly-owned subsidiary of PetroNeft Resources Ltd (PTR), which owns License 61 in Tomsk Oblast region in Western Siberia, Russia.
Upgrading of two Cypriot banks by Fitch rating agency recently is a “positive and important development” in the course of stabilising the economy, says Finance Minister Harris Georgides.
The United States support Cyprus’ sovereign rights to extract and exploit its natural wealth in its Exclusive Economic Zone, Minister of Energy Giorgos Lakkotrypis says.
The hydrocarbons issue has introduced potential for both Cyprus and Israel, and the region, while at the same time, the Eastern Mediterranean has become the focus of more attention, says Ambassador of Israel Michael Harrari.
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