Each year during a four-week period to select the winners. Luxury spas & restaurants have the opportunity to participate in the World Luxury Awards by entering categories that showcase their unique selling points, destinations and facilities.

The government has signed a memorandum of understanding with local financial institutions for the implementation of the Estia scheme, which comes into effect in September 2019, designed to bailout distressed homeowners holding toxic mortgages.

According to Eurostat’s latest publication regarding Cyprus Citizenship, Cyprus granted a total of 5,517 citizenships to 1,315 Russians, 502 Britons and 481 Ukrainians, during the year 2017.

The European Investment Bank (EIB) will not do any new lending in Turkey linked to the government until at least the end of 2019 while it carries out a strategy review.

Energy Minister Yiorgos Lakkotrypis departs on 24th July 2019 for Cairo, where he will take part in the 2nd ministerial meeting of East Mediterranean Gas Forum, together with his counterparts of Egypt, Greece, Israel, Italy, Jordan and Palestine.

Interior Ministers of Cyprus and Greece have announced a joint initiative on migration to enhance the return policy of irregular immigrants.

Cyprus is one of the three top choices for families travelling on board low-cost operator Ryanair in the summer of 2019, according to the airline’s Summer Trends travel survey released.

The government recently launched the tenders process for a new public transport system for the period 2020-2030, with existing contracts set to expire in July 2020.

EY announces that it has received two 2019 SAP Pinnacle Awards: ISV Partner of the Year in the Technology Innovation category, and Strategic Growth Partner of the Year.

Cyprus granted a total of 5,517 citizenships in 2017 of which 1315 went to Russians, 502 to Britons and 481 to Ukrainians, according to figures published by Eurostat recently.