Nicosia: Total assets under management (AUM) by Collective Investments in Cyprus rose to £10.7 billion in the first quarter of 2025, reflecting a 6.64% increase compared to the previous quarter. According to Cyprus News Agency, despite this growth, the number of Management Companies and Undertakings of Collective Investments (UCIs) slightly
Nicosia: Net new loans in Cyprus experienced a significant increase in June 2025, reaching £642.8 million from £297.8 million in May, according to data published on Thursday by the Central Bank of Cyprus. The total value of new loans, including renegotiated contracts, rose to £959.5 million, compared to £714.4 million
Moni: Six out of the thirteen mobile desalination units in Moni are currently operational, with plans to have the remaining units up and running by the end of the week, according to George Kazantzis, Acting Director of the Water Development Department (WDD). According to Cyprus News Agency, the activation process
Karpasia: Conservation works have been successfully completed at the Church of Ayia Photini (Photou) and the Holy Water Cave of Agiasma, at Agios Andronikos, Karpasia, and on Saturday, pilgrims are expected to flock there to celebrate the saint’s name day. The project belongs to the Technical Committee on Cultural Heritage,
Nicosia: The successful hosting of the Handover Meeting of the Presidency and the Meeting of the Board of Governors of the European Schools 2024-2025, in Nicosia, brought international recognition and consolidated the role of Cyprus as an important partner, Minister of Education, Sport and Youth, Athena Michaelidou, said on Thursday.
Nicosia: Cyprus sailor and Olympic medalist Pavlos Kontides has achieved the No. 1 spot in the World Ranking for Laser type boats (ILCA7), marking the first time in 28 months and the fifth time in his illustrious career. According to Cyprus News Agency, the last time the Cypriot sailor held
