Annually, average Cyprus real estate prices increased by 9.9% for apartments, 1.0% for houses, and 0.3% for offices, according to the Q4 2022 Ask WiRE property index. Sales prices also increased by
Non-performing loans in the Cyprus banking system remained unchanged in November, with the NPL rate to total loans at 10.5%, according to the central bank. According to the latest data, total NPLs
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets stabilised somewhat on Tuesday morning following the broadly negative cues from Wall Street overnight, as concerns over higher US interest rates left
Cyprus and Japan are constantly enhancing their bilateral cooperation, especially in the shipping sector, and a Cypriot Shipping Bureau will operate during the coming months in Tokyo. This was revealed during a meeting
By Craig Erlam Equity markets were off to a difficult start on Monday, no doubt weighed down by the prospect of more rate hikes and tension between the world’s two largest economies.
A Cyprus Institute (CyI) project researching the impact of climate change on insect-borne diseases has received a €500,000 grant from the Wellcome Trust, the first of its kind in direct funding to
Cyprus said it was ready to help the rescue mission in Turkey and Syria after deadly earthquakes hit the region, while the island also felt the second shockwave later Monday. In a
After a significant slowdown in December, the last month of one of the hardest years for the entire crypto industry, the global crypto trading volume spiked in January, with all major cryptocurrencies
Police are investigating a murder case after a 21-year-old Syrian died after being shot in the capital Nicosia, officials said. The victim was named Alsweidani Ahmad, but police have yet to make
Cyprus and the US are conducting a joint military exercise on the island codenamed ‘Silver Falcon 23’ until 24 February. The exercise is held in cooperation with the US European Command (USEUCOM),
