Sales of petroleum products down 7% y-o-y in February

Total sales of petroleum products recorded an annual decrease of 7% to 107,779 tonnes this February

14:58 - 27 March 2023

Initiatives on NPLs aim also to deal with a possible increase, says CBC

CBC initiatives on NPLs aim to ensure that the Cyprus banking system will be ready to deal with not only …

14:14 - 27 March 2023

Saudi National Bank chair resigns, days after Credit Suisse comments sparked sell-off

Saudi National Bank Chairman Ammar al-Khudairy resigned his post on Monday, days after his comments exacerbated the share collapse of …

14:02 - 27 March 2023

Dickran Ouzounian: Delays, shortages and interest rates have put the brakes on the motor industry

Shortages, interest rate policies, inflationary pressures on technology and shipping, and delivery delays are the factors plaguing the global and …

10:24 - 27 March 2023

Larnaca Chamber of Commerce and Industry aims to make the city an attractive investment destination

The broader objective of the LCCI is to make Larnaca a qualitative investment destination

07:48 - 27 March 2023

Cyprus Consul in Bahrain discusses bilateral cooperation in tourism and energy

The Consul of Cyprus in Bahrain has had a series of meetings with Ministers of the Kingdom to discuss bilateral …

09:47 - 24 March 2023

Effort to have better ports is a joint one, Minister of Transport and Deputy Ministers of Tourism and Shipping say

The Ministers responsible for Transport, Shipping and Tourism visited the new DP World Limassol passenger terminal and expressed their determination …

07:37 - 24 March 2023

Herodotou: So far Cypriot banking system does not have direct exposure to international events

Cyprus’ banking sector has significant liquidity and significant capital and does not have direct exposure to the events that have …

14:44 - 23 March 2023

ACTE conference examines the sustainable future of Cyprus tourism

ACTE event sees stakeholders discuss 'Tourism: The Path to Sustainable Development'

12:37 - 23 March 2023

The goal is to increase tourist arrivals by 5% to 10%, Cyprus' Deputy Minister of Tourism Koumis says

Deputy Minister of Tourism, Kostas Koumis has said the goal is to increase tourist arrivals to Cyprus this year by …

08:49 - 23 March 2023

CCLEI down 0.9% in February, indicates slowdown of Cypriot economy but no recession

The Cyprus Composite Leading Economic Index recorded a year-over-year decrease of 0.9% in February 2023

14:52 - 22 March 2023

CBC Governor calls on banks to provide loan restructurings and assess deposit rates data

Herodotou asked Chief Operating Officers of Cypriot-based banks to provide timely loan restructurings and reassess their data concerning deposit interest …

07:50 - 22 March 2023

Xenophontos: Measures to support farmers necessary to counter effects of Russian invasion

Minister for Agriculture Petros Xenophontos has stressed the need for medium and long-term measures to support farmers so they can …

12:18 - 21 March 2023

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Economy

Sales of petroleum products down 7% y-o-y in February

Initiatives on NPLs aim also to deal with a possible increase, says CBC

Saudi National Bank chair resigns, days after Credit Suisse comments sparked sell-off

Dickran Ouzounian: Delays, shortages and interest rates have put the brakes on the motor industry

Larnaca Chamber of Commerce and Industry aims to make the city an attractive investment destination

Cyprus is ideally positioned to develop into a regional logistics hub

NPLs down to 9.5% of total loans at end 2022

Plenty of exciting job opportunities at City of Dreams Mediterranean

Trade deficit up by 34.5% in 2022

Central Bank sees Cyprus GDP growth at 2.6% in 2023

Which shops will be open on 25 March and 1 April

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