Financial Services

NPLs in Cyprus banking system decline below €2 billion in 2023

As a percentage of total loans NPLs amounted to 7.9% by end-2023, compared with 9.5% in end-2022

08:02 - 10 April 2024

Economy

Energy Minister presents Cyprus' advantages as a business destination in Tokyo

A forum was attended by more than 120 participants from Japan, including government officials and businessmen

07:49 - 10 April 2024

Financial Services

Bank profitability spikes by 644% in 2023 driven by high interest rates

Also, according to Aggregate Cyprus banking sector data, net interest income for 2023 jumped by 97%

07:40 - 10 April 2024

Economy

Cyprus’ foreign trade deficit drops by 41% in the first two months of 2024

The island’s trade deficit amounted to €1,144.4 million in in January–February 2024

07:37 - 10 April 2024

Companies

Business leaders put the course of the economy and the future of business under the microscope

A panel discussion at the 14th Nicosia Economic Congress saw business leaders share their views on the issue

07:24 - 10 April 2024

Companies

Paul Broderick becomes Head of Cyprus at MUFG Investor Services as Yannis Matsis takes on global position

Matsis has been appointed Managing Director, Global Head of Business Promotion at MUFG Investor Services

07:17 - 10 April 2024

Christodoulides_Dr Christodoulos Patsalides

People

New CBC Governor has all the necessary skills to succeed, says Christodoulides

Christodoulides was speaking during a ceremony where the new Governor, Christodoulos Patsalide, was sworn in

14:58 - 09 April 2024

Current Affairs

Constantinos Ioannou on the next steps for immigration management

According to Ioannou, specific routes and trends are being recorded in irregular migration

14:05 - 09 April 2024

Financial Services

Assets under management at €8.56b in Q4 2023

CySEC said it had 328 Management Companies and Undertakings of Collective Investments under its supervision

12:29 - 09 April 2024

Real Estate

Deloitte publishes Cyprus Real Estate Review 2023

The review describes a resilient domestic sector showing steady growth in transaction value and volume

12:25 - 09 April 2024

Economy

WISTA Cyprus launches its MentorWave mentorship programme

It is designed to nurture and guide early-career professionals in the maritime sector, both at sea and onshore.

11:54 - 09 April 2024

Companies

The Old Municipal Market has been renovated, expanded, and will soon be inaugurated

A pioneering hub for emerging technologies is now housed in the historic structure of the Old Municipal Market in Nicosia

11:38 - 09 April 2024

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NPLs in Cyprus banking system decline below €2 billion in 2023

Energy Minister presents Cyprus' advantages as a business destination in Tokyo

Bank profitability spikes by 644% in 2023 driven by high interest rates

Cyprus’ foreign trade deficit drops by 41% in the first two months of 2024

Business leaders put the course of the economy and the future of business under the microscope

Paul Broderick becomes Head of Cyprus at MUFG Investor Services as Yannis Matsis takes on global position

New CBC Governor has all the necessary skills to succeed, says Christodoulides

Constantinos Ioannou on the next steps for immigration management

Assets under management at €8.56b in Q4 2023

Deloitte publishes Cyprus Real Estate Review 2023

WISTA Cyprus launches its MentorWave mentorship programme

The Old Municipal Market has been renovated, expanded, and will soon be inaugurated

President at 14th Nicosia Economic Congress: Aim is to improve businesses’ access to funding

Intership Navigation partners up with MariApps Marine Solutions

Marios Giorgoudis becomes Municipal Engineer at Ipsonas Municipality

First look at Thanos Hotels and Resorts’ new hotel in Mykonos (pics)

Beer deliveries rise by 10% in March due to domestic demand

TechIsland appoints Tanya Romanyukha as General Manager

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