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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 ...
There are plans for another large development project in Limassol.
Even though the year’s first 11 months recorded a 12% increase in Cyprus property sale contracts, purchases over the last six months have been relatively modest, according to latest data released by the Department of Lands and Surveys.
Seasonally adjusted GDP rose by 0.2% in the euro area (EA19) and by 0.3% in the EU28 during the third quarter of 2019, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union.
Cyprus banks are keeping a tight lid on loans given out to consumers and businesses as credit expansion in 2019 is restricted to a single figure percentage, despite the high liquidity in their coffers.
A parallel banking industry focusing on non-performing loans is developing in Cyprus, attracting the interest of both “red loan” servicers and investment funds.
Staff at the Akrotiri Environmental and Education Centre have confirmed that approximately 11,000 flamingos have taken up residence at the salt lake site this year – one of the highest numbers ever.
Cyprus is the EU member state which has by far the lowest number of visits to dentists, the European statistical service said Thursday.
Three new ruling Disy MPs were sworn in on Thursday at the Nicosia district administration, replacing three who gave up their seats for various reasons.
More flights are needed to operate to and from Paphos airport, head of the Paphos chamber of commerce and industry Andreas Demetriades told the Cyprus News Agency on Friday.
Greek oil and gas producer Energean on Thursday made another pitch to sell its Israeli natural gas to Cyprus via pipeline at a competitive price while Nicosia is opting for LNG.
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