ENERGY ExxonMobil and Qatar Energy to drill two new wells in Cyprus' offshore gas fields Newsroom ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. READ MORE
Cyprus retail sector continues climb despite inflation Credit card purchases increased in almost all categories in the first 11 months of 2022, indicating optimism for better ... Maria Eracleous 14/12/2022 | BUSINESS
Gatzke-Hellenic relations have returned to normal Currently, Gatzke and the bank want to complete the remainder of his contract Panayiotis Rougalas 14/12/2022 | BUSINESS
Fewer building permits were registered in September, down from August Building permits are a leading indicator of future activity in the construction sector Source: CNA 14/12/2022 | BUSINESS
Cyprus could become a year-round tourist destination by 2030 The country has the capability to be one of the top 30 destinations in the world, according to Deputy Minister of Tourism, ... Source: CNA 13/12/2022 | BUSINESS
€36 million loss so far reported by banks this year Interest income reported by Cyprus banks remained unchanged compared to the same period last year Source: CNA 13/12/2022 | BUSINESS
Trade deficit jumps to €6.17 billion in January – October 2022 The deficit for the full year 2022 amounting to €5.24 billion has been surpassed Source: CNA 12/12/2022 | BUSINESS
In the past year, 40% of residents reported their accounts 'compromised' Findings from Cybersecurity Research Source: CNA 12/12/2022 | BUSINESS
Gatzke returns to Hellenic The German's replacement, Mr. Petros Arsalidis, will resume his responsibilities as Secretary of the Board of Directors. Panayiotis Rougalas 14/12/2022 | BUSINESS
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