Hungarian low-cost airline WizzAir is in negotiations with the Transport Ministry and Hermes Airports about the possibility of establishing a base in Cyprus.

Bank of Cyprus, the owner of the historic Berengaria hotel in Prodromos has put the hotel on sale for €2.36 million the press reported recently.

The leaders of Cyprus, Greece and Israel said recently they were ready to proceed with an inter-state agreement concerning the EastMed pipeline, following a trilateral summit in Beersheba, Israel.

Cyprus Casinos has opened ‘C2 Larnaca' at the airport, following the Nicosia opening this month and the Limasol casino earlier in the year.

Cyprus and the UK recently signed a double taxation elimination protocol which will allow individuals to choose within a set period of time, which basis of taxation they want to apply to their government service pensions.

The Industrial Turnover Index reached 131.8 units (base 2015=100) in September 2018, recording a significant increase of 10.8% compared to September 2017, the Statistical Service announced recently.

Construction activity registered an increase of 20.7% in 2016 compared to an increase of 0.2% in 2015, based on the production index of the sector.

Ayia Napa’s Nissi Beach has been placed 25th on a list of the world’s top 50 city beaches by Canada’s largest online travel agency Flight Network.

Hellenic Bank said recently it recorded a net profit of €295.9m in the first nine months of 2018, including negative goodwill of €297.9m from the acquisition of certain parts of the former co-operative bank.

We are delighted to announce that we have strengthened our presence in Western Europe with the acquisition of Jurispectrum, a niche business law firm which operates in Belgium and Luxembourg.