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Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of the Bank of Cyprus (BoC) to BBB- from BB+, assigning a positive outlook.
The Deputy Ministry of Shipping is advancing plans to construct new headquarters on the site of the former ‘Nemitsas’ factory in Limassol, following recently introduced public investment procedures.
Tourist arrivals in Cyprus recorded a year-on-year increase of 7 per cent in February 2025, with an additional 32,865 visitors arriving on the island during the first two months of the year.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
President Nicos Anastasiades tells a leading political think tank in Berlin of his government’s grand vision of rendering Cyprus a pole of stability for the region through trade and peaceful collaboration.
Efforts to solve the Cyprus problem, the discovery of hydrocarbon reserves in Cyprus' exclusive economic zone and the impact on the Cyprus solution were the main topics discussed at an event organised recently in Nicosia.
Property sales in Cyprus improved for the second consecutive month in April 2014, with the total number of contracts of sale deposited at Land Registry offices up 9% compared to April 2013.
Cyprus could offer Europe an alternative source of gas supplies, the President said recently during a visit to Berlin, potentially reducing the region's dependence on Russian natural gas.
German Chancellor Angela Merkel would favour more EU involvement in the Cyprus settlement process, she said recently after meeting President Nicos Anastasiades in Berlin, while also discussing financial support to SMEs.
A list with the names of companies that transferred money abroad during a bank lockdown in March 2013 was recently made public by Parliament.
Troika officials begin their fourth review of the island’s economic adjustment programme by discussing progress on the National Health Scheme and NPLs.
Halliburton and Schlumberger, two of the world’s largest oilfield services companies, have chosen Cyprus as their base of operations for the eastern Mediterranean.
The Paphos hoteliers association confirms an increase in the number of Russian holidaymakers to the western coastal town.
The successful issuing of the European bond constitutes a strategic move that is related to the timely preparation of Cyprus’ return to the markets, said the Finance Minister recently.
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