Cyprus is determined to stick to its energy roadmap despite Turkey’s opposition, with Nicosia going ahead with new exploratory drilling planned for later in 2019.

Bloomberg ranked Cyprus as the 21st healthiest country in the world, in the 2019 edition of its Healthiest Country Index.

During the weekend of 16 – 17 February 2019, our firm’s members enjoyed a relaxing and vibrant weekend together with their families, at the Aphrodite Hills Hotel.

The biggest and most important hydrocarbons conference and exhibition in Egypt and the East Med region, EGYPS 2019, took place in Cairo earlier this month, and Cyprus took part with a country pavilion showing the Cyprus Hydrocarbons Company (CHC) and natural gas public company (DEFA) among others.

Hellas Direct, a next-generation insurance company, has today announced the acquisition of Rescueline, the largest road-assistance company in Cyprus, catering to some of the island’s leading insurance companies and more than 300,000 consumers.

Cyprus inflation rate accelerated in January 2019, according to data released by Eurostat.

Unemployment in Cyprus fell to 7.6% in the 4th quarter of 2018, from 7.8% in the 3rd quarter, according to the labour force survey by the Statistical Service.

The western part of Limassol is next in line to get a sustainable revamp as the town’s municipality is set to complete and launch new construction projects in the area.

Cyprus is ranked 24th out of the 28 EU member states for renewable energy use in transport, according to a Eurostat study based on 2017 data.

ExxonMobil’s drilling exploratory drilling at the Glafcos-1 site in block 10 is believed to have struck a sizeable gas reserve, according to press reports.