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Cyprus and the United Arab Emirates have reaffirmed their shared commitment to deepening bilateral economic relations and advancing investment cooperation during a high-level meeting in Dubai on Wednesday. The discussions took place between Cyprus’ Minister of Energy, George Papanastasiou, and the UAE Minister of Economy, Abdulla bin Touq Al Marri, underscoring both nations’ intent to strengthen ties across trade, energy, and innovation. According to the Cyprus Ministry of En

The International Monetary Fund (IMF) has revised upward its economic growth outlook for Cyprus, projecting stronger performance over the next two years while anticipating a sharp decline in inflation. In its October World Economic Outlook, the IMF forecast that Cyprus’s GDP will expand by 2.9 per cent in 2025 and 2.8 per cent in 2026, marking an improvement from April’s estimates of 2.5 per cent and 2.7 per cent respectively. The latest figures indicate a more optimistic ass

The United States Treasury Department’s Office of Foreign Assets Control (OFAC) announced on Tuesday, October 14, 2025, that two individuals who obtained citizenship through Cyprus’s former Investment Program have been added to the US sanctions list. Chen Zhi and Yang Jian were included in the Specially Designated Nationals (SDN) List under Executive Order 13581, meaning that any assets they hold under US jurisdiction are blocked and US persons or entities are prohibited from

Eurobank Limited announced on Friday the successful completion of the merger of its Cypriot insurance subsidiaries, marking a significant...

Cyprus’ long-anticipated tax reform is entering its final stages, with the relevant legal bills expected to be completed within the next...

Cyprus and Qatar have signed a memorandum of understanding (MoU) aimed at deepening their partnership in maritime affairs, covering key...

The Cyprus Securities and Exchange Commission (CySEC) has called on all regulated entities to carefully review the latest strategic...

Alpha Bank has intensified its share repurchase activity while simultaneously rewarding investors with a significant interim dividend for...

The preferred method for submitting bids in all types of privatisations should be open, transparent, and accessible to all potential...

The Consumer Protection Service announced on Tuesday that it has levied significant administrative fines on the Bank of Cyprus and...

Bank deposits in Cyprus recorded a net increase of €44.3 million in August, according to the latest deposit and loan statistics released...

The Central Bank of Cyprus (CBC) on Tuesday released its September 2025 macroeconomic projections, forecasting steady growth for the...

The Cyprus Securities and Exchange Commission (CySEC) has taken a series of enforcement decisions in recent weeks, issuing fines,...

DBRS Morningstar has upgraded the long-term foreign and local currency ratings of the Republic of Cyprus from A (low) to “A,” while...

Cyprus has unveiled a public consultation on a draft bill designed to update and reinforce the country’s framework for mergers and...

The Cyprus Shipping Chamber (CSC) has expressed its reservations about a proposed piece of legislation that aims to toughen the rules on...

The Cyprus Securities and Exchange Commission (CySEC) has announced the dissolution and liquidation of Wanterfell Investment AIFLNP...

The president of the Anti-Money Laundering Authority, former deputy prosecutor of the Supreme Court Charalambos Vourliotis, has moved to...

Cyprus’ public debt is projected to fall to nearly 50 per cent of GDP by the close of 2025, significantly earlier than the initial target...

Cyprus’ economy expanded in the second quarter of 2025, with GDP growth in real terms estimated at 3.3 per cent compared to the same...