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Nouman Ali

Cyprus Stock Exchange All Share Index Update

Nicosia: The Cyprus Stock Exchange (CSE) All Share Index concluded today’s stock exchange meeting with its latest figures. Investors keenly observed the closing numbers as part of their market strategies. According to Cyprus News Agency, the indices base values for the session included FTSEMed at 5000, among others. The meeting

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Marginal Decline in NPLs in Cyprus Banking Sector in February

Nicosia: A marginal decline in Non-Performing Loans (NPLs) was recorded in the latest data published by the Central Bank of Cyprus (CBC) on Tuesday, with reference date 28 February 2025. Specifically, the NPL ratio decreased slightly to 6.2%, from 6.3% in January 2025, mainly due to loan repayments, transfers to

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Cyprus Aims to Become Producer of Defence Products, Says President

Athens: Our goal is for the Republic of Cyprus to be not only a consumer but also a producer of defence products, President Nicos Christodoulides announced on Tuesday during his visit to the International Defence and Security Exhibition – DEFEA 2025, currently being held in Athens. President Christodoulides inaugurated the

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Sharp Rise in New Lending in Cyprus Driven by Large Corporate Loans

Nicosia: New lending in Cyprus recorded a substantial increase in March 2025, with pure new loans reaching £658.2 million, up significantly from £246.1 million in February, according to data published on Tuesday by the Central Bank of Cyprus. According to Cyprus News Agency, the strongest growth was observed in pure

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Sharp Rise in New Lending in Cyprus Driven by Large Corporate Loans

Nicosia: New lending in Cyprus recorded a substantial increase in March 2025, with pure new loans reaching £658.2 million, up significantly from £246.1 million in February, according to data published on Tuesday by the Central Bank of Cyprus. According to Cyprus News Agency, the strongest growth was observed in pure

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Final Meeting Concludes European Project RISE in Nicosia

Nicosia: The final meeting of the European project RISE (Research Centre on Interactive Media, Smart Systems and Emerging Technologies), coordinated by the Municipality of Nicosia, took place on April 24, 2025, at CYENS Centre of Excellence, in the heart of the walled city. The Municipality of Nicosia says in a

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