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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 ...
Deposits in the Cypriot banking system rose in April 2018 by €2.4bn to €50.5bn, almost matching the government’s Cyprus Cooperative Bank deposit, and aided by an ongoing deleveraging they exceeded loans for the first time since May 2012, the central bank said.
Cyprus is gaining ground in the field of space technology services, and had already granted ten licences to organisations to launch telecommunication satellites using the space that Cyprus has secured through the UN International Telecommunication Union (ITU).
The government has sold €100m in 13-weeks treasury bills on Friday, 25 May, 2018 at an average yield of minus 0.27%, the lowest ever, the Public Debt Management Office (PDMO), said.
The energy ministry is looking at various scenarios for achieving the EU-wide target of reducing carbon emissions by 2020, MPs were told recently.
French oil and gas giant Total is interested in buying into other licensed offshore blocks in addition to block 8, MPs heard recently.
Bank of Cyprus said recently it has reduced non-performing exposures by €454m, or 5% quarter-on-quarter in the first three months of 2018, as it registered a net profit of €43m.
Minister of Education Costas Hampiaouris and Rector of the University of Sorbonne, Gilles Pecout, have exchanged views on cooperation between the University of Sorbonne and the universities of Cyprus.
Cyprus wants to be part of the space development and benefit from the space systems that are essential for the wellbeing and security of the European citizens, Minister of Transport, Vassiliki Anastasiadou said recently.
DBRS Ratings Limited has upgraded Cyprus’ long-term foreign and local currency – issuer ratings from BB (low) to BB and maintained the positive trend.
Cyprus is ranked 26th in the world in terms of access to health services and quality of health services, according to the new Healthcare Access and Quality Index (HAQ).
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