A Cypriot investor signed a $4.2 billion deal recently to develop a platinum mine and refinery in Zimbabwe, an investment that President Emmerson Mnangagwa said showed the country was “open for business”.

Limassol is amongst the top 100 cities of the world according in the ‘Quality of Living Index’ produced by Mercer, one of the world’s largest HR consultancy firms, that evaluated local living conditions in more than 450 cities.

A new administrative marina management committee has been appointed by the council of ministers and is currently examining documents and paperwork submitted as part of the tender process for the highly anticipated Paphos marina.

Energy Minister Giorgos Lakkotrypis said recently that despite the geopolitical challenges and recent incidents in Cyprus Exclusive Economic Zone (EEZ), the government remained committed to exploiting hydrocarbon reserves in the Eastern Mediterranean.

The Housing Finance Corporation (HFC) is expanding its low-interest lending activities to household goods, overdrafts, student and medical loans, it announced recently.

The consortium of ENI and Total is considering searching for more natural gas in offshore blocks6 and 11, a senior executive of the Italian firm said recently.

The state gas company (Defa) said recently it will be inviting tenders next month for the supply of liquified natural gas for power generation.

Various infrastructure projects in the municipalities around Larnaca that have been in drawers for years have begun or will begin in 2018, the district’s tourist development board (Etpal) said recently.

The Co-op bank is not being sold off, a search for investors will begin, Finance Minister Harris Georgiades said recently.

It's just a matter of time before the Cypriot economy is upgraded to ‘investment grade’, government spokesman Prodromos Prodromos said recently, after Standard & Poor’s affirmed Cyprus’s BB+ sovereigncredit rating and kept its outlook on ‘positive’, yet still a notch below the critical benchmark for ‘junk’ ratings.