Here are the top business stories in Cyprus from the week starting June 19:
Hellenic Bank on Friday released its financial results for the first quarter of 2023, posting a profit of €69.7 ...
In an encouraging sign for the Cyprus economy, the Wholesale Trade Turnover Index experienced a remarkable 11.1 per cent increase during the first quarter of 2023, according to a recent report released ...
The CFA Society Cyprus, a local chapter of the CFA Institute, on Thursday, presented its priorities regarding developments in the Cypriot economy and its key action pillars through strategic partnerships ...
The net interest income of the Cypriot banking system nearly doubled in the first quarter of 2023 compared to the corresponding period last year, showing an increase of 85.7 per cent or €182.71 ...
The Cyprus Chamber of Commerce and Industry (Keve) this week announced that its business mission, led by Deputy Minister of Tourism Kostas Koumis, departed on Tuesday for the city of ...
Construction material prices in Cyprus remained stable in May, according to a report published by the state’s statistical service on Monday.
According to the data cited in the report, ...
Here are the top business stories in Cyprus from the week starting June 12:
Cyprus-based investor Alexey Gubarev has recently become the owner of the land where Sodap’s wine factory ...
The Public Debt Management Office announced this week the increase in interest rates for six-year government bonds for individual investors, starting with the third series (October) of 2023. Applications for these ...
In a positive turn of events for the Cypriot labour market, the overall vacancy rate among employees witnessed a decline in the first quarter of 2023, dropping to 2.8 per cent of ...
The Cyprus Association for the Protection of Borrowers (Syprodat) this week issued a statement welcoming President Christodoulides’ call to banks to follow proper loan restructuring procedures.
The president’s comments ...
President of the Cyprus-Greece Business Association Iosif Iosif recently highlighted the importance of robust business cooperation between the two countries, according to an announcement released on Tuesday.
Speaking at an ...
The number of registered vehicles in Cyprus witnessed a significant surge this year, soaring by 24.9 per cent between January and May 2023, according to the latest data released by the state’...
Here are the top business stories in Cyprus from the week starting June 5:
Cypriot firm Ask Wire on Thursday released a report examining the Paphos property market for 2022, including an ...
The total solvency ratio of the Cypriot banking sector remained stable at 21.2 per cent at the end of December 2022, the same level as in September 2022, which was the highest point ...
The number of registered unemployed individuals in Cyprus decreased to 10,357 at the end of May 2023, compared to both the previous month, as well as May of the previous year, according ...
Non-profit organisation Junior Achievement Cyprus recently announced the successful completion of its StartUp Programme for 2023, which sought to support Cypriot startups and promote innovation on the island.
“In the final ...
Total new loans in Cyprus decreased to €473.9 million in April 2023, compared to €922.5 million in the previous month, according to a report released on Tuesday to the Central Bank of Cyprus (...
Here are the top business stories in Cyprus from the week starting May 29:
A new plan is expected in the coming days to protect the primary home of people belonging ...
Deputy Minister of Tourism Kostas Koumis this week announced that the Cabinet of Ministers has decided to establish a new tourism promotion agency, with the goal of boosting Cyprus’ tourism ...
Cyprus’ annual inflation rate in May decreased to 3.01 per cent, continuing its downward trend for the seventh consecutive month, mainly driven by a deceleration in the prices of petroleum products.
...
CFA Society Cyprus and Central Bank Governor Constantinos Herodotou placed the issue of financial literacy at the centre of their discussion during a meeting held on Wednesday.
According to a ...
The Central Bank of Cyprus (CBC) on Tuesday reported that total deposits in April 2023 recorded a net decrease of €173.3 million, compared to a net increase of €59.8 million in March 2023.
The ...
Here are the top business stories in Cyprus from the week starting May 22:
Talks between the government and US energy giant Chevron appeared to move in a positive direction on ...
The Association for the Protection of Borrowers (Syprodat) this week called said that the government must deal thoroughly and provide immediate solutions to the problems of borrowers.
“Up until this ...