Cyprus and Japan signed a Memorandum of Cooperation in higher education, a recent press release said.

Economic sentiment in Cyprus rose by 0.6 points in March to 114.8, compared with February, mainly on improved business confidence in industry and a marginal improvement in consumer confidence, the University of Cyprus said.

With the participation of more than 250 delegates, the 'Cyprus Business Hub: Let’s Talk Real Estate' conference was the largest and most successful Real Estate conference held in Cyprus.

The Invest in Cyprus Forum, which took place last Wednesday, March 22nd 2017, in New York, was attended by dozens of business people and investors from Cyprus, Greece, the US and other countries. Speaking at the event, President Nicos Anastasiades said that the island is well on its way of re-establishing full confidence in Cyprus by the international investor community.

The Cyprus economy has rebounded and set upon solid foundations said the deputy government spokesperson Victoras Papadopoulos.

Protaras is bracing for the first big wave of tourists with around 8,000 Austrian visitors expected to pack into the hotels up until April 2017.

The House finance committee concluded discussion of amendments to the Business of Credit Institutions Law, which allows banks to manage real estate properties and companies via debt for property swaps.

British travellers wanting a bargain city break should head to Cyprus, a study has found.

Deposits in the Cypriot banking system rose in February 2017 by €174.9m in a month to €49.3bn, the highest since August 2013, as the downward trend in loans was halted, the Central Bank of Cyprus said.

Local and foreign candidate investors will soon be able to retrieve information on the processes and various licenses required for the investment they plan to make on the island.