The Finance Minister says the country had made progress in paying back its debt one year on from its €10 billion bailout.

Bank of Cyprus's €225 million sale of its Ukrainian bank is on track to happen within weeks, assures Chief Executive John Hourican.

Academics representing 12 organisations from six countries, including Cyprus, are researching the production of liquid biofuel from microalgae in the Mediterranean.

Asbis Romania, the Romanian subsidiary of Cypriot distribution company IT&C Asbis, launched the Prestigio MultiPhone 7500 smartphone.

Minister of Communications and Works says that the Cyprus Ports Authority (CPA) will remain the supervisory and regulatory authority over Cypriot ports and the state will continue to have a say and a role to play.

A Cypriot – Israeli conference on regional cooperation on aviation is organised by the Flight Safety Foundation Mediterranean (FSF – MED), Israel’s Fisher Institute, Hermes Airports and the International Council of Aircraft Owner and Pilot Associations (IAOPA).

The bill, empowering the inland revenue department to seize personal property to settle unpaid dues to the government has been submitted to Parliament.

Moody’s ratings agency upgrades Cyprus’ credit worthiness from negative to positive, citing the island’s stronger-than-expected fiscal and economic performances in 2013.

Defence Minister Tasos Mitsopoulos dies, a day after suffering a ruptured cerebral aneurysm. He was 48.

The hydrocarbons discovery offshore Cyprus widens potential for the country’s shipping industry, creating new synergies of cooperation, says Communications Minister.