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The Deputy Ministry of Tourism recently launched a public consultation on Cyprus’ National Strategy for the Development of Diving Tourism, inviting stakeholders and the public to submit feedback before the strategy is finalised.
The Bank of Cyprus is expected to deliver another strong quarter, with analysts forecasting robust profitability and the potential for generous shareholder distributions, as Greek and Cypriot banks continue to benefit from credit expansion, resilient interest income and rising fee revenue.
Aircraft maintenance firm Bird Aviation announced on Wednesday that it has signed a long-term agreement with low-cost airline easyJet to provide scheduled aircraft maintenance services at its facilities in Larnaca, strengthening Cyprus’ position as a regional aviation maintenance hub.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The government will continue to strengthen and deepen the current positive economic growth spokesman Prodromos Prodromou said recently, after the Central Bank of Cyprus (CBC) predicted that Cyprus’ economy will continue to grow at an approximate 3% rate until 2021.
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.
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