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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 ...
The number of applications approved for participation in the Restructuring Scheme “Estia” has increased, reaching 1,049. At the same time, appeals for 881 applications that were denied will be re-examined compared to only 543 last March.
Private equity firm Lone Star, in a statement issued on Tuesday to the London Stock Exchange, said that it is considering its options in terms of submitting a revised offer for the acquisition of the Bank of Cyprus.
The contract signing ceremony for the construction of the Astromeritis–Evrychou motorway, which will cost €88,627,630, took place today at the Presidential Palace, in the presence of President Anastasiades.
Larnaca municipality launched a tender on Thursday to construct an events and recreation centre in the Tsiakkilero area of the city.
Hungary’s Wizz Air announced an expansion of its operations on Thursday.
The state health services organisation (Okypy) on Thursday announced the creation of a special webpage dedicated to the accident and emergency departments of its hospitals.
Investment amid geopolitical and interest rate risks is on hold for now but businesspeople in Cyprus do apply for bank loans probably to use them as reserves and working capital.
Building activity declined slightly, slowed by rising costs in the first six months of 2022 compared to the same period last year, official data shows.
Despite building materials falling in price, the ongoing energy crisis has Cyprus developers unwilling to greenlight new projects until they have a clearer picture of where building costs are heading.
A correction was issued on Wednesday to an earlier Reuters report quoting Italian gas giant Eni’s chief operating officer (COO) as saying that the EastMed pipeline would be fully completed by 2025.
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