Sustained belief

By Craig Erlam   Equity markets are poised to open in the green once more on Thursday, continuing what has been a rather strange week of trade so far. We’ve gone from euphoria

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Cyprus enjoyed 1.1% Q4 GDP growth

In the fourth quarter of 2022, GDP growth in Cyprus was estimated to have increased by 1.1% compared with the previous quarter, while EU growth was static. This compares with a 0.1% increase

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Record €5.2 bln in property sales

According to PwC’s in-depth analysis, the total value of Cyprus real estate transactions reached a record-high of €5.2 bln in 2022, recording an annual increase of 27%. In volume terms, properties transacted

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Halloumi spinoffs gain PDO status

Dairy producers can make Halloumi spinoffs, such as burgers and fries, under the EU-approved Product of Origin file (PDO), following a decision by the Ministry of Agriculture. The ministry approved the latest

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Cyprus airports optimistic over 2023

Cyprus airports operator Hermes is optimistic about tourism prospects for 2023, confident the island can improve from the previous year. In an interview with news site Stockwatch, Hermes Airports senior manager Maria

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Israel’s first oil exports from Energean field

Israel’s first-ever stream of crude oil exports to global markets was launched from Energean’s Karish development in the eastern Mediterranean. The crude shipment was loaded this week from the Energean Power Floating

A small setback

By Craig Erlam   Equity markets opened a little softer on Wednesday following similar moves in Asia overnight, as investors weighed up the latest setback in US data. The inflation report needed to

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