Cyprus has a lot to gain through active involvement in the European Space Agency in the fields of security, search and rescue, monitoring the environment, satellite navigation, education and telemedicine, says the Communications Minister.

The President says discovery of natural gas around Cyprus could galvanize efforts to resolve the division of the island and smooth development of an alternative energy supply source to Russia.

Cyprus, Israel, the United States and Greece successfully carry out a joint search and rescue exercise codenamed 'Nemesis – 2014', in an area between Cypriot and Israeli territorial waters.

New CCB Chief says its goal is to consolidate trust in the banking system, dealt a serious blow after a lender had to be shut down and deposits were seized to recapitalise another in 2013.

Cyprus-based Jarvinia has entered into a partnership with private equity firm Brick Eagle Capital Group-backed Sheltrex Developers Ltd to manage the promotion of integrated affordable housing township in Chennai.

The employment percentage of people who have participated in schemes implemented by the Human Resource Development Authority (HRDA) is quite satisfactory, says its Deputy Director General.

Central Bank Governor Chrystalla Georghadji officially takes office during an investiture ceremony at the Presidential Palace.

The Cyprus economy will remain in recession up to 2015, despite projections by international lenders that the economy will register a modest economic growth, according to the Hellenic Bank quarterly economic review.

Cyprus expects to return to international markets late in 2015, says President Anastasiades in an interview with Reuters.

Larnaca port is preparing to welcome back cruise ships from Haifa, Israel, expected to boost tourism.