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The Bank of Cyprus has announced that it has received the Quality Recognition Award from global financial services firm JP Morgan Chase.
Cyprus’ Larnaca and Paphos airports achieved a milestone in passenger traffic during February, surpassing half a million passengers, according to the Transport Ministry.
The Cyprus Securities and Exchange Commission (CySEC) has approved Eurobank’s public offer document for the acquisition of up to 100 per cent of Hellenic Bank’s issued share capital.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
By 2021, Cyprus’ first integrated casino resort will open its doors to the public, in an investment totaling €550m, it was revealed recently.
Hellenic Bank’s preliminary agreement to sell €145m of non-performing, non-retail secured and unsecured loans to Norway’s B2Holdings ASA is a credit positive for the lender, Moody’s Investors Service said.
In early February Moody’s agency will issue its first rating for the Cypriot economy, opening the way for a round of rating actions, estimated to mark the return of Cypriot junk-rated bonds back to investment-grade.
The number of property transactions in December 2017 rose an annual 36% to 1,537, the highest number reported since July 2008, the department of lands and surveys said.
Cyprus' Ministry of Finance says the island has signed a double tax agreement with Saudi Arabia with respect to taxes on income and for the prevention of tax evasion.
The economic sentiment indicator dropped by 3.4 units in December 2017 to 118.9 units from its November peak, mainly on reduced business confidence in the services sector, the University of Cyprus said.
Italian naval frigate the Espero arrived in Larnaca port as part of maritime operations on January 4, 2017 and will remain docked there until January 8.
The output of the construction sector rose 13% in the third quarter of 2017 compared with the respective period of the year before as producer prices continue to rise, the statistical service said.
The number of registered unemployed dropped an annual 15% in December 2017, by 6,081 to 35,771, the lowest December rate since 2011, the statistical service said
Cyprus said recently that Saudi Arabian oil company Saudi Aramco has expressed a business interest in its exclusive economic zone (EEZ).
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