President of the Cyprus Hydrocarbons Company (CHC) expects significant developments, which will enhance the option of creating an onshore LNG terminal at Vasilikos.

Etihad Airways, the national carrier of the UAE, announces plans to boost frequency and capacity to Larnaca and Athens, adding depth to its expanding network, while enhancing connectivity over its Abu Dhabi hub.

Opportunities for growth exist in the majority of economic sectors of Cyprus, President Anastasiades told a Business Forum in Dubai, particularly in relation to the island's hydrocarbons find.

Co-ops will in May 2014 be announcing a number of initiatives to help vulnerable borrowers, Co-operative Central Bank chief Nicolas Hadjiyiannis said recently.

A preliminary agreement has been reached for a detailed study into the role of the Larnaca port, the town’s mayor said following a meeting with the Communications Minister.

Cyprus and the United Arab Emirates (UAE) have signed a bilateral agreement for cooperation in the air travel services sector and Memoranda of Understanding (MoUs) on energy, tourism, education and science.

The annual inflation in Cyprus marked an increase in March 2014, remaining however negative, according to data released recently by Eurostat.

A floating boat anchorage will be transferred to the harbour of Kato Paphos where it will be placed permanently, to be used for the needs of cruise ships coming to Paphos.

From this summer, all Cypriot hotels registered and approved by the Cyprus Tourism Organisation must comply to its sustainability program, which will benefit tourists and not only environmentalists.

Cyprus’ trade deficit reached €300 million in January 2014, remaining unchanged compared to the same month of 2013.