Building permits surge sharply higher

The number of building permits authorised during March showed a moderate increase of 4.5% year-on-year to 820, but the capacity and value of the permits surged sharply higher, according to data released

Travel abroad up 8.8% in May

Cypriots’ love to travel abroad is showing no signs of slowing as evidenced by the latest statistics which showed that foreign travel recorded an 8.8% increase in May to 72.752 persons. During

Cyprus building permits boom in March

The Cyprus construction sector is still going strong, with both the value and size of building permits authorised booming in March compared with the same month of the previous year. The total

Snoras wants 50% of Cyprus Universal Bank

Deal awaits CB approval The Russian controlled, but Lithuania domiciled Snoras Bank has submitted a letter seeking 50.1% control of the CSE-listed Universal Bank, but needs to secure the permission from the

Cyprus bonds to trade on euro platform

The Central Bank of Cyprus announced that two eurobond issues previously made by the Republic of Cyprus will commence trading on the NewEuroMTS electronic trading platform from Monday, June 27, 2005. The