DBRS, a credit rating agency, has increased its Gross Domestic Product (GDP) forecast for Cyprus, signaling a positive outlook for the Cypriot economy.

Lidl Cyprus has published its 2024 Sustainability Report, highlighting its ongoing commitment to responsible business practices that contribute value to the Cypriot economy, society, and environment.

Eurobank Cyprus on Tuesday unveiled a new campaign aimed at supporting small and medium-sized enterprises with comprehensive banking and insurance solutions under the central message “all that your business needs every day”. Through this initiative, the bank reaffirmed its commitment to backing SMEs, which it described as the backbone of the Cypriot economy and a […]

The Russian ambassador to Cyprus stated that EU sanctions have led to an annual revenue loss of over €1 billion for the Cypriot economy due to the lack of Russian tourists, prompting calls from Cypriot businesses for their return.

The Cyprus Chamber of Commerce and Industry (Keve) warned that the escalating war crisis in the wider region is already negatively affecting the Cypriot economy, with the tourism sector being among the first to feel the impact.

DBRS Morningstar has confirmed the Republic of Cyprus at “A” with a stable outlook, citing the strong performance of the Cypriot economy over the past year despite rising uncertainty linked to the…

Economists and state officials in Cyprus are warning that the duration of the war between US-led forces and Iran will be the decisive factor in the island’s economic stability, as energy prices…