Economy

Tenders announced for Larnaca Marina and Vasilikos Port

The management, operation, and maintenance of Larnaca Marina will be assigned to a private operator for a period of five years or until procedures...

Bank of Cyprus covered bonds achieve AAA rating by Moody’s

Moody's Ratings has upgraded the rating of covered bonds issued by Bank of Cyprus Public Company Limited to Aaa from Aa2, the bank said...

Koumis: Respect for sustainability is key to tourism development

Greece and Cyprus must move forward with respect for the environment and the principles of sustainability to further develop their tourism products, as both...

UCY CypERC: Economic sentiment deteriorates in November

Economic sentiment in Cyprus deteriorated in November but remained at a fairly high level, indicating a continuation of favourable conditions in the Cypriot economy...

Petroleum products sales in Cyprus up by 3.5% in October

Petroleum products sales in Cyprus showed a positive trend in October 2024, reaching 135,250 tons, marking an annual increase of 3.5% compared to October...