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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 ...
Although 'strict and painful' the financial adjustment programme is the country’s only choice to exit the crisis, says the Central Bank of Cyprus (CBC) in its six-monthly economic bulletin.
The Association of Laiki Bank depositors meet with President Anastasiades, presenting him with a proposal regarding monetary compensation from future natural gas exploitation.
Natural gas reserves in the Exclusive Economic Zone (EEZ) and the prospect of the island evolving into a regional energy centre with a LNG plant, would prove beneficial for Cyprus shipping, says President Anastasiades.
Oil reserves have been found below the gas deposits in Block 12 of Cyprus' Exclusive Economic Zone (EEZ) based on Noble Energy's latest findings.
In this year’s The Best Countries for Business survey by Forbes, Cyprus has topped the rankings coming first in the 'personal freedoms' category.
Chrysalis Leap is Cyprus' first and only business accelerator, which has just completed its first comprising round of nurturing clean technology startups, pitching innovative business ideas to investors as part of the recent Demo Day.
The global financial crisis continues to ripple its devastating after-effects, while regional economies, such as the European Union, scramble to find convincing answers to impossible questions.
Major tour operators mainly from Russia have shown strong interest in extending their tourism programme to Cyprus, says the Cyprus Hotel Association ( CHA) chairman.
Christoforos Pissarides, Nobel laureate economist and head of the National Economy Council of Cyprus says the instability in the eurozone means the single currency should either be rescued through growth or be dismantled.
The 2014 state budget is focused on the reduction of expenditures, Finance Minister Harris Georgiades told parliament recently, adding that cuts will reach around 10%.
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