Cyprus is ideally positioned to develop into a regional logistics hub

At a time when companies around the world are redesigning their supply chains, Cyprus, located at the crossroads of three …

07:30 - 25 March 2023

NPLs down to 9.5% of total loans at end 2022

At the end of 2022 total loans amounted to €24.4 billion, down from €27 billion at the end of 2021

16:26 - 24 March 2023

Plenty of exciting job opportunities at City of Dreams Mediterranean

With Melco Cyprus planning to employ another 2,500 people ahead of the grand opening of City of Dreams Mediterranean in …

14:09 - 24 March 2023

Trade deficit up by 34.5% in 2022

Cyprus’ trade deficit increased by almost €2b (or 34.5%) in 2022 compared with the year before, going from €5,278.3m in …

12:32 - 24 March 2023

Central Bank sees Cyprus GDP growth at 2.6% in 2023

The Central Bank of Cyprus (CBC) has marginally revised its projections upwards for GDP growth this year, citing slightly improved …

12:05 - 24 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

RIF offering businesses €6m under “Research in Enterprises” programme

Priority will be given to businesses without prior significant participation in research, technological development and innovation projects

09:18 - 21 March 2023

Construction materials up 10.73% in February year-on-year

Compared to January 2023, the index recorded an increase of 0.06%

08:23 - 21 March 2023

GEM Cyprus Report: One in two Cypriots considers it easy to start a business

This was the sixth consecutive year that Cyprus has participated GEM while through its participation in the GEM consortium, the …

13:37 - 20 March 2023

Relief over Credit Suisse rescue short-lived as bank shares sink

Credit Suisse shares slumped 62% while UBS lost 7.1% after a day of heavy selling in Asian financial markets as …

13:25 - 20 March 2023

CySEC participates in Global Money Week 2023

The aim is to raise awareness on the importance of financial education of the public and especially young people

13:02 - 20 March 2023

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Economy

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

Cyprus Consul in Bahrain discusses bilateral cooperation in tourism and energy

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

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

ACTE conference examines the sustainable future of Cyprus tourism

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

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