Nicosia: The trade deficit for the period of January to May 2025 recorded an increase of 2.3%, compared to the same period in 2024, rising from pound 3,180.5 million to pound 3,256 million, according to provisional data provided by the Statistical Service. According to Cyprus News Agency, total imports of
Nicosia: The Cyprus Stock Exchange (CSE) All Share Index concluded its meeting with varied outcomes across different market indices. The data from the trading session showcases fluctuations in performance, highlighting a dynamic trading environment. According to Cyprus News Agency, the FTSE/CySE 20 index experienced a slight increase of 0.460%, closing
Nicosia: Cyprus’ Minister of Energy, Commerce and Industry, George Papanastasiou, visited the ‘Valaris DS-9’ drillship, where he was briefed on the recent natural gas discovery in the Exclusive Economic Zone (EEZ) of the Republic of Cyprus at the ‘Pegasus-1’ well, located within offshore Block 10. According to Cyprus News Agency,
Nicosia: The Index of Production in Construction during the first quarter of 2025 increased by 1%, compared to the same quarter of 2024. At the same time, the Output Prices Index increased 4.4%, according to data published on Thursday by the Cyprus Statistical Service. According to Cyprus News Agency, the
Nicosia: The average interest rates for deposits from households and businesses in Cyprus experienced a decrease in May 2025, compared to the previous month. This is according to data published by the Central Bank of Cyprus on Thursday, which also indicates that the average interest rate for housing loans increased
Dubai: The Chief Scientist for Research, Innovation and Technology, Demetris Skourides, highlighted Cyprus’ position as a progressive hub for Artificial Intelligence, advanced technology, and the development of an innovation-based economy, during a high-level visit to the United Arab Emirates. According to Cyprus News Agency, the visit formed part of Cyprus’
