Cyprus Airways is on the right path after a year of austerity programmes, currently breaking even and now ready to attract new investors, says the airline’s chairman.

Etihad Airways, the national airline of the United Arab Emirates (UAE), has appointed Abdelrahman Abdullah Al Madhloum Al Suwaidi as its new General Manager for Cyprus.

Property sales in March 2014 increased 20% compared to thecorresponding period last year, according to official statistics published recently by the Department of Lands and Surveys.

International lenders will return to Cyprus for the fourth evaluation of the adjustment programme on May 6, 2014 for 15 days.

A deicison by Israel's Delek energy group to bid for Cyprus' interim gas solution could serve as the first step for future export deals, the Jerusalem Post reported.

The Ministry of Finance announced it will issue new 6-year savings bonds for retail investors with a 4% coupon rate as of June 2014, replacing previous 3-year and government savings bonds.

Investors view Cyprus in a positive way, Finance Minister Harris Georgiades said recently, but warned that money will not start flowing into the country overnight.

The chairmen of three investment funds from Kuwait arrive in Cyprus to hold a series of meetings with the government and the Cyprus Investment Promotion Agency (CIPA).

John Defterios speaks with the developers behind a waterfront development hoping to make Cyprus island a luxury yachting destination.

A deal has been signed between the Cyprus Tourism Organisation and Edelweiss airlines to start operating direct flights from Zurich to Larnaca from November 2014.