Hungary considers realistic the extraction and transfer of natural gas from Aphrodite gas field, Foreign Minister Peter Szijiarto said in Nicosia after talks on Friday with his Cypriot counterpart Nikos Christodoulides. The two Ministers signed a memorandum of understanding for cooperation in the energy field.

According to recently published data of the Statistical Service of Cyprus, trade deficit declined by €182.3 million from January to September of 2018. Cyprus’ trade deficit dropped to €3,049.5 million in January-September 2018 from €3,231.8 million in the corresponding period of 2017.

Nearly one in two property sales in the first 11 months of 2018 were to non-Cypriots, according to Land and Surveys Department figures analysed by Insider.

A mixed tourist development that includes a five star hotel and luxury villas is being planned on the site of the now derelict Beau Rivage Hotel and a nearby 33,000 square metre plot of land on the Pyla coastal front, Phileleftheros reported on Thursday.

Dr Kirill Zimarin, CEO of RCB Bank Ltd has been re-elected president of the Association of International Banks in Cyprus during the 16th Annual General Meeting that took place in Limassol.

Ayia Napa council on Tuesday presented its new online platform Always Ayia Napa, an interactive guide for tourists.

Inflation rate stood at 1.9% in the Eurozone, and 1.6% in Cyprus, for November 2018, down from 2.2% and 1.9% respectively in October, according to Eurostat, the statistical office of the European Union. A year earlier, the rate was 1.5% in the Eurozone and 0.2% in Cyprus.

Seawater quality in bathing sites in Cyprus is the third best in the EU, a Eurostat study found.

The value of building permits spiked by an annual 46% in January – September 2018 to €1.55 billion owing to rise in large projects, according to data released by the Cyprus Statistical Service (Cystat).

Cyprus Casinos Nicosia (C2 Nicosia) has opened its doors to the public.