The visit by the Secretary of State for Brexit Stephen Barclay to Cyprus is part of the UK Government’s engagement with EU member states “as the UK seeks to reach a deal with the backstop removed,” a spokesperson for the Department for Exiting the EU (DExEU) told the press in London.

Cyprus cannot be left behind and adrift in the digital revolution taking place, said Communications Minister Vassiliki Anastassiadou at the Connecting Europe Facility (CEF) Digital Workshop.

The total worth of Cyprus properties were valued at €178.7 billion in 2018r, around €24 million less than they were estimated in 2013, according to the Land Registry Department.

Cyprus recently signed agreements with France’s Total and Italy’s Eni for exploration in block 7 of Cyprus’ exclusive economic zone (EEZ).

The cabinet recently approved the state budget for 2020, which Finance Minister Harris Georgiades said was balanced and provided for a surplus, but warned of risks to economic stability due to unforeseen Brexit impacts.

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A brand new China Park is set to be introduced to the public in Paphos.

Tourist arrivals in August 2019 rose by an annual 3.6% to total 553,845 which constitutes a new all time record for the month, CyStat said recently.

Expectations that Larnaca will get its first shopping mall earlier than expected are high as contractors Iakovou Brothers say they are ahead of schedule.

The real-estate sector in Cyprus has recovered after a prolonged period of economic crisis and is now established as one of the drivers of the economy, with the market showing confidence in its prospects.