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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 ...
The number of loan applications for suspension of payments for the next nine months at the island’s two largest banks has risen to 23,000, CNA reported on Tuesday.
Soteris Pittas & Co LLC is pleased to announce that the 12th edition of the Dispute Resolution Review was published recently and is now live on the The Law Reviews website.
An Aegean flight from China touched down in Larnaca on Saturday night, carrying medical supplies including personal protective equipment urgently needed by health workers in the Republic of Cyprus.
Strict COVID-19 social distancing rules seem to be working after Cyprus saw a 33% dip in confirmed daily cases on Sunday falling to 20 from 30 with total deaths attributed to the virus remaining at nine.
A new smartphone app wants to give users the possibility of avoiding crowded supermarkets when purchasing basic goods during the Covid-19 lockdown measures by providing relevant information in real time, the CNA reports.
A Cyprus e-health national platform for inpatient and remote monitoring of COVID-19 cases is on trial at Famagusta and Nicosia General hospitals.
Cyprus is using technology in its struggle to stem the spread of COVID-19 by launching an application to help people who don’t work from home to keep track of their contacts and locations visited, in case they contract the disease.
Finance Minister Constantinos Petrides on Friday welcomed the announcement by the banks’ association (ACB) that they would not charge compound interest on the deferred interest accrued from the suspension for nine months of loan installments.
The announcement by Fitch rating agency ranking Cyprus’ long-term rating as stable highlights the government’s responsible management both of the economy and the public finances under the present adverse conditions, the ministry of finance said on Saturday.
A consortium of IT, software and Fintech companies donate medical supplies and money to strengthen the preparedness of the Cyprus medical system to the threats posed by COVID-19.
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