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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 ...
Reuters says Israel's drive to export its natural gas could help to rebuild strained ties with old regional allies, but could deprive Europe of an alternative to Russian gas, through Cyprus.
Nikos Christodoulides has been assigned the duties of Government Spokesman, following the recent announcement by Christos Stylianides to step down to run for the European Parliament in the May 2014 elections.
The trade deficit of Cyprus recorded an annual decrease of €19.3 million in January 2014.
The European project PLANT-NETCY, was recently selected after evaluation by the European Commission as one of the ten best projects across Europe co-funded by the European LIFE programme and completed in 2013.
Credit card expenditure for March spiked 18% in the use of local plastic for purchases in Cyprus.
Emirates, will increase capacity on its services to Cyprus, with the addition of three more flights a week from 1st August 2014.
The rent-to-mortgage scheme, under consideration as a means of protecting primary residences, will be effectively financed by the state budget and will only apply to specific cases, says Finance Minister Harris Georgiades.
Cyprus has already met the set targets of the Europe 2020 strategy in education, according to data released recently by Eurostat.
March 2014 saw the highest number of applications for company registration filed since February 2013, according to company registrar data.
President Anastasiades says there is no question of discussing natural gas as part of the island’s reunification talks adding that Turkey can be Cyprus’ customer after a solution but not a strategic partner.
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