The cabinet has decided to push development through long-term lease agreements to enable private investors to take on the management of government property.

The Cyprus cabinet has approved bills to strengthen the island’s anti-money laundering (AML) framework further and increase financial transparency.

The church is prepared to sell off prime real estate to raise the necessary cash to maintain its majority stake in Hellenic Bank, says Archbishop Chrysostomos II.

Vassilikos power station is back to full operation with all units repaired and provisions made for future use of natural gas.

The cabinet has decided to exempt immovable property worth up to €5,000 at 1980s values from the new taxation.

Cyprus' supercomputing centre runs the most powerful computer open to academia in the Eastern Mediterranean region, contributing to scientific excellence in various research fields.

Despite the decline in tourist numbers, the Russian market continues to climb.

Cyprus industrial turnover down by 12.8% in May

The Maritime Labour Convention 2006 has entered into force, after being ratified by the largest shipping nations.

Cyprus is actively pursuing an Open Skies policy on aviation, according to Communications and Works minister Tasos Mitsopoulos, who said that after a relevant agreement with Ukraine, the government was making efforts to start the dialogue with Russia.