August 03, 2018

Apple hits $1 trillion value

New York - Apple has become the world's first public company to be worth $ 1,000,000,000,000. The iPhone maker's market value reached the figure in New York on Thursday and its shares closed at a…
July 30, 2018

Moody’s upgrades Cyprus’ ratings to Ba2 from Ba3

New York - Moody`s Investors Service, upgraded last week the government of Cyprus’ long-term issuer rating to Ba2 from Ba3. All senior unsecured bond and programme ratings have also been upgraded to Ba2 and (P)Ba2,…

News Archive

July 26, 2018

Cyprus modernises funds industry

Nicosia - Cyprus has upgraded the legal and regulatory framework for collective investment funds in an effort to boost its funds industry. On 10… Click here to read more.
July 02, 2018

Cyprus is the largest shipmanagement centre in the EU

Limassol - Cyprus is considered to be the largest Shipmanagement Centre in the European Union (EU) and among the three largest globally, according to… Click here to read more.
June 25, 2018

Hellenic Bank acquires Cyprus Coop

Nicosia - The deal to acquire parts of the Cyprus Cooperative Bank (CCB) by Hellenic Bank went through last week. Non-performing loans are not… Click here to read more.
June 11, 2018

Ante Up – Cyprus Casino foundation stone laid

Limassol - Cyprus President, Nicos Anastasiades, laid the foundation stone for City of Dreams Mediterranean, the largest casino-resort in Europe, last Friday. The €550… Click here to read more.
June 04, 2018

Cyprus registers largest unemployment decrease in EU

Luxembourg - Cyprus unemployment went down to 8.6% in April 2018, registering the largest decrease in the European Union (EU). Unemployment in Cyprus in… Click here to read more.
May 29, 2018

Cyprus citizenships capped at 700 a year

Nicosia - Cyprus citizenship will now be harder to come by as Cyprus has tightened vetting procedures for its naturalisation by investment scheme, at… Click here to read more.