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

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...

China has strengthened its controls on the export of rare earth elements, critical components in a wide range of high-tech products. The...

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

From the market turbulence at the start of the year to the explosive summer rally fueled by institutional investments, ETFs, and...

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

Global financial messaging giant SWIFT, together with more than 30 leading international banks, announced this week that they are now...

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...

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...

After months of heated economic debate and repeated attacks from US President Donald Trump, the Federal Reserve is preparing to announce...

The Philippines’ external debt rose in the second quarter of 2025, driven largely by currency movements as the U.S. dollar weakened, the...

Firms that have built their business models around accumulating and holding bitcoin and other cryptocurrencies are now enduring sharp...

Corporate income tax (CIT) rate reductions are slowing, with wide disparities in revenue shares from the tax continuing to mark...

The United Kingdom and the United States are preparing to seal a groundbreaking nuclear energy agreement designed to accelerate the...