A new commercial project by Cybarco, The Oval officially launched only recently, has already sold two top floors of executive office space.

The recent presentation of Cypriot Universities in Greece’s Patra and Kalamata was part of an effort to promote Cyprus as an international training centre and to attract prospective students to the island’s Greek Cypriot Universities.

Cyprus aspires to become in the long run an alternative provider of energy to meet EU needs, says the Energy Minister.

IMF Managing Director Christine Lagarde has praised the Cyprus authorities for keeping rescue program implementation on track.

Cyprus abolishes maximum daily cash withdrawal limits from bank accounts, a year after imposing capital controls to prevent a bank run in light of the €10b bailout.

Telecommunications firm GO plc takes shareholding in Cypriot ‘triple play’ telecommunications company Cablenet.

Economic climate improves in Cyprus in March as the Economic Sentiment Indicator increases by 1.3 points, compared to the previous month, says the Economics Research Centre of the University of Cyprus.

Total sales of petroleum products in February 2014 recorded a decrease of 4.9%, compared to the previous month, says the Statistical Service.

The Index of Production in construction registered a decline of 31.1% for the period January-December 2013, over the corresponding period of 2012.

Plans to split BoC into a ‘good bank’ with core operations and a ‘bad bank’ with all its liabilities, as suggested by advisors HSBC, are not a priority, with the main issue at present being the restructure of the island’s biggest lender, its chief executive says.