Economy

Bank of Cyprus loan acquisitions under strict terms

Cautious stance on loan buybacks Bank of Cyprus acquisitions strategy does not currently include purchasing performing loans from credit-acquiring companies in order to “bring them...

Nvidia and Meta strike deal to build “Personal Superintelligence”

Millions of AI chips for new infrastructure The Meta-Nvidia deal will see the social media giant purchase millions of artificial intelligence chips for the dozens...

Bank of Cyprus €481m profit, €305m dividend in 2025

Strong profitability and efficiency Bank of Cyprus results for 2025 confirm another year of strong and high-quality profitability, allowing the lender to maintain elevated shareholder...

Pension reform debate raises key concerns

Union and employer representatives outlined priorities and concerns over Cyprus pension reform after the first session of the Labour Advisory Board left several questions...

Cyprus hotel bookings rise ahead of Green Monday

Cyprus hotel bookings over the weekend were “quite encouraging,” with expectations of similar performance for the upcoming Green Monday long weekend, the Director of...