Freedom Holding Corp., the parent company of Freedom24, has reported record revenue and doubled its net profit for the 2026…
Cyprus ranks second in EU for foreign visitor overnights, Eurostat data shows
Cyprus ranked second in the European Union for the share of foreign visitor overnights in the first quarter of 2026,…
EY announces the appointment of 2 new partners in Cyprus
EY Cyprus is pleased to announce the addition of two new Partners to its leadership team, Antonis Josephakis and Simos…
ENI-TotalEnergies expected to make final investment decision on Kronos gas field in June
The ENI-TotalEnergies consortium is expected to make its final investment decision (FID) on the Kronos gas field in June, Energy,…
Interest rate hikes to hit variable mortgage holders as businesses lock in fixed rates
Fixed-rate mortgages remain attractive in Cyprus as a buffer against growing uncertainty over potential shifts in monetary policy. Banking executives…
Moody’s reaffirms Cyprus credit rating, Christodoulides says it validates government strategy
President Nikos Christodoulides has welcomed Moody’s reaffirmation of Cyprus’s credit rating, calling it a significant development with clear political and…
Central Bank updates rules on loan collateral release and valuation costs
The Central Bank of Cyprus (CBC) has amended its directives on the release of loan collateral upon repayment and the…
Moody’s reaffirms Cyprus credit rating at A3 with stable outlook
Moody’s reaffirmed Cyprus’s credit rating at A3 with a stable outlook on May 29, reflecting the country’s strong economic resilience…
Diesel falls at Cyprus pumps as crude prices drop, but unleaded rises
Diesel prices at Cyprus petrol stations fell significantly in the second half of May while unleaded petrol rose, as falling…
Cyprus posts €593m surplus in first four months of 2026 but pressures mount
Cyprus recorded a general government surplus of €593.4 million, equivalent to 1.5% of GDP, in the first four months of…