Amathus (UK) Ltd is pleased to announce that they have concluded an agreement with Your Holiday Booking.com Limited to operate Amathus Holidays under a new franchise agreement.

Commercial banks should establish the proper procedures to adjust the market value of mortgages on the basis of the negative divergences of the Residential Property Price Index, Central Bank of Cyprus says.

There have not been any tourist cancellations or a freeze in reservations due to the political situation between Russia and Ukraine, reveals a senior tourism official, while Cyprus warns against further sanctions.

Paphos is promoting its unique sunsets which local tourism industry officials claim are the most magnificent on the island, through a new initiative backed by the CTO.

Libya’s total debt to Cyprus for goods and services provided by Cypriot companies since the 1980s reached almost €6m, with the government so far only able to collect approximately half.

Cabinet decides to launch a privatisation procedure for the Cyprus Ports Authority as a term of the island's bailout agreement.

The Communications Minister expresses the government’s support for initiatives that involve innovation.

Bitcoin marketers Neo & Bee say they welcome regulation of their business and look forward to more dialogue on the crypto-currency.

According to Hajikyriacou, the market picked up steam during the first quarter of 2014, during which BuySell has seen a 600% sales increase compared to the corresponding period last year.

While Cyprus’s economy continues to suffer, activity has not slowed as much as it was initially expected, says EY (Ernst & Young) Cyprus.