ECONOMY
Industry Turnover Records 4.1% Annual Growth in January
Manufacturing and energy sectors drive annual growth, offsetting a sharp decline in mining and quarrying.
Business & Finance
Tourism Bookings and Hotel Occupancy Drop Sharply in Famagusta District
New reservations fall by 40% while hotels reopening in Ayia Napa and Protaras report occupancy levels up to 50% lower than last year.
Business & Finance
Significant Progress but ‘Shadows’ Cast Over Banking Supervision on Money Laundering
A report by the Audit Office records improved practices in the supervision of the banking sector’s efforts to combat money laundering, but also identifies gaps in staffing, procedures and the effectiveness of inspections.
Business & Finance
Bank Profits at €1 Billion in 2025, Down 14% Year‑on‑Year
Banking sector assets rose by €4.4 billion, reflecting higher volumes of loans and advances as well as debt securities, according to Central Bank of Cyprus data.
ECONOMY
Energy Prices, Tourism and Investment at Risk, Economist Warns
Impact on Cyprus economy to depend on duration and intensity of Middle East conflict.
