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The Deputy Ministry of Tourism recently launched a public consultation on Cyprus’ National Strategy for the Development of Diving Tourism, inviting stakeholders and the public to submit feedback before the strategy is finalised.
The Bank of Cyprus is expected to deliver another strong quarter, with analysts forecasting robust profitability and the potential for generous shareholder distributions, as Greek and Cypriot banks continue to benefit from credit expansion, resilient interest income and rising fee revenue.
Aircraft maintenance firm Bird Aviation announced on Wednesday that it has signed a long-term agreement with low-cost airline easyJet to provide scheduled aircraft maintenance services at its facilities in Larnaca, strengthening Cyprus’ position as a regional aviation maintenance hub.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
For the second time over the last couple of months, Turkey has encroached into Cyprus’ Exclusive Economic Zone (EEZ), dispatching research vessels to waters south and southwest of the island.
The road to economic recovery may be long and fraught with obstacles, but there are encouraging signs that Cyprus can make it, says President Anastassiades.
The Cyprus Government, within the framework of its efforts to promote the creation of the Cyprus Science Technology Park (STP) in Limassol, has invited interested parties for an Initial Expression of Interest.
Legislation to grant a 25% discount on taxable income for labour costs to employers who hire registered unemployed was recently discussed at the House Finance Committee.
Russia’s giant Alfa Banking Group is very close to buying Bank of Cyprus’ shareholding in Ukrainian subsidiary PJSC at the price of €225 million.
State carrier Cyprus Airways has won a distinction by the Ben Gurion Airport in Israel for the accuracy as regards its departure times in 2013.
Real GDP growth for the whole of 2014 is projected at -5.4%, an improvement over the -8% rate anticipated earlier, according to the Economics Research Centre of the University of Cyprus.
President Anastasiades returned from his three-day official visit to Qatar where several bilateral agreements were signed and investment prospects discussed, describing it as a "productive visit".
Making homes energy efficient could boost the economy by up to €2 billion and create 30,000 new jobs, the Technical Chamber (ETEK) argued recently while proposing the creation of a loan fund to shoulder the projected expenses.
The securities and exchange commission (CySEC) decides to extend the suspension of Bank of Cyprus (BoC) shares for a further six months until the end of July.
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