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The first investments from the Cyprus Equity Fund, established by the Cypriot government in collaboration with the European Investment Fund (EIF), are expected to commence in the autumn, it emerged on Thursday.
The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced important updates related to its anti-money laundering (AML) exams for certified persons.
Despite numerous challenges, the Cyprus real estate market has shown resilience in the first half of 2024, with a notable increase in activity, according to the Cyprus Real Estate Agents Registration Council.
Cyprus ranks fifth among EU countries in the progress achieved regarding research and innovation, Theodoros Loukaidis, Director General of the Res ...
The government sold a total of €100m in 13-week treasury bills at an average yield of 0.01% below zero, which is a new all-time low, the Public Debt Management Office (PDMO) said.
Applications made to the immovable property commission by the Greek Cypriots fell 73% in 2016 compared to the figures of 2015, the press reports.
Limassol has been a foreign investment magnet for decades, transforming itself into a city with landmark buildings, high rents and trade, and its success allowed it to survive the recent crisis comparatively unscathed.
High-level government officials from Cyprus, Greece, Israel and Italy plan to meet in February 2017 to discuss a natural gas pipeline from the East Mediterranean fields to Greece and Italy, according to press reports.
The net amount of outstanding loans in the Cypriot banking system dropped by €98m in December 2016 in a month to €54.4bn, as net deposits also fell by €74.9m to €49bn, the Central Bank of Cyprus said.
Hellenic Bank said that it set up a webpage to promote real property in its possession at https://www.hbreonline.com managed by its Property Management Unit.
The dismantling of the oil and gas installations which have been a part of Larnaca for more than 50 years was officially launched recently in the presence of Energy Minister Giorgos Lakkotrypis and other officials who all called it an ‘historic day’.
The economic sentiment indicator rose in January 2017, for the fifth consecutive month, by 0.4 units to 117.4, which is a new post-June-2001 high, mainly on increased business confidence in services and construction, the University of Cyprus said.
Andrus Ansip, Vice-President of the European Commission for the Digital Single Market, is in Cyprus to meet with national authorities and stakeholders.
The expansion of real economic activity in Cyprus is expected to continue in 2017 at rates similar to those registered in 2016, according to the economic outlook for 2017 published by the Economics Research Centre of the University of Cyprus.
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