President Nicos Anastasiades on Saturday laid the foundation stone at a ceremony for the new multi-million Limassol Arena.

The Leptos Group is delighted to be one of the main sponsors of the annual Limassol Carnival, recognising the importance of large social and cultural events that take place in Cyprus’ most vibrant city.

Invest Cyprus is an organisation tasked with attracting foreign direct investment. It has recently created a special unit, “Tour Invest Cyprus” to help the National Tourist Strategy reach the goal of attracting 5 million tourists by the year 2030.

President Nicos Anastasiades has offered his summer residence in the Troodos mountains to quarantine those who have been in contact with infected people but show no symptoms of Covid-19 virus.

Cyprus had the second lowest share of expenditure on environmental protection in the EU in 2018 according to figures released by Eurostat on Thursday.

There was a general decline in the number of deposits and loans during the first month of 2020 compared with the previous month, according to data released by the Central Bank of Cyprus (CBC).

Construction of Limassol Marina’s highly anticipated Nireas Residences has been completed and delivery of its apartments to their owners is in progress. The 29 sea view properties were sold shortly after Nireas Residences’ release. Their completion marks yet another milestone in the groundbreaking project’s success story.

The launch of direct flights from Haifa to Paphos by Israir was marked in a Paphos event yesterday attended by Paphos mayor Phaedonas Phaedonos, Limassol mayor Nicos Nicolaides and eight mayors from northern Israel.

Economic sentiment in Cyprus dropped to 111.0 points in February from 111.7 in January, mainly due to weaker business confidence in services, despite improvements in retail trade, construction and among consumers, the University of Cyprus survey shows.

Cyprus is preparing its action plan in case the World Health Organisation declares the novel Coronavirus a pandemic, said Health Minister Constantinos Ioannou.