News Cyprus Markets: Cyprus property market remains resilient amid geopolitical tension
Cyprus’ real estate sector is being reshaped by changing social needs, urban pressures and investor demand, speakers said at the 20th Real Estate, Property Development & Construction Conference & Exhibition. Another key point conveyed during the conference included a warning that bureaucracy, infrastructure gaps and housing distortions continue to weigh…
News Cyprus Markets: Explore new Cyprus property opportunities at REALTYon EXPO
This month, the largest property expo in Cyprus yet, REALTYon EXPO will bring together 3,500-plus attendees and 50-plus exhibitors, including property developers, ministries, real estate agencies, construction companies, investors, home buyers, commercial property seekers and more. To be held at the Parklane Hotel in Limassol, REALTYon is a production of…
News Cyprus Markets: Ride-Hailing Company InDrive Eyes Up An Ambitious Play For Emerging Markets
As it completes its withdrawal from its home market, Russian ride-hailing company inDrive is turning its attention to emerging markets.
News Cyprus Markets: Is Frontline's 20% Dividend Too Good To Be True?
The Cyprus-based tanker firm Frontline (NYSE: FRO), on May 31, posted stellar earnings of $0.90 per share and declared a $0.70 dividend. Given the company's stock price of $13.70, this makes for a mouth-watering annualized yield of over 20%. But the question arises, can this be sustained? Frontline: A Quick Primer on the Tanker Market Operating within the crude oil tanker industry, Frontline's fleet comprises 66 vessels utilized for transporting...
News Cyprus Markets: IMF forecasts Cyprus economy growth to slow to 2.5 per cent in 2023
The economy of Cyprus is expected to experience a slowdown, with growth projected to reach approximately 2.5 per cent in 2023, according to a report released on Tuesday by the International Monetary Fund (IMF). This forecast takes into account several factors, including a decline in household incomes, tighter financial conditions,…
News Cyprus Markets: Real estate market facing ‘giant problem’
Experts on Tuesday warned that challenges in the real estate market amounted to a “giant problem” as the impact of external issues including inflation and high interest rates are becoming increasingly felt by consumers and constructors alike. Chairman of the council for the registration of real estate agents Marinos Kineyirou…
News Cyprus Markets: Arab Capital Markets Announces Partnership with Takeprofit Tech
Arab Capital Markets announced today that the company has collaborated with Takeprofit Tech, a leading software developer in the FX market.
News Cyprus Markets: ExxonMobil: Pipeline, ship or both for exporting Cyprus gas
Natural gas will remain an important energy source through 2050 and quantities of the hydrocarbon found off the east Mediterranean island nation of Cyprus could reach ...
