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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 ...
Featuring more than 265 completed projects under its belt, Aristo Developers continues its dynamic course with the new addition to the rich collection of unique, new residential projects in the most sought-after locations of Limassol.
Credit institutions are offering attractive interest rates and extended loan repayment deadlines in an effort to reignite the housing loan market.
Cyprus ranked 19th out of 195 countries for its high level of political rights and civil liberties in 2016, higher than France and the US, which came in at 27th and 28th place respectively.
Cyprus’ energy plans are on track and news of developments is expected soon, the government spokesman said recently.
MPs recently began an article-by-article discussion of a government bill governing the establishment and operation of a National Investment Fund to manage future hydrocarbons proceeds.
In January 2017 compared with December 2016, the seasonally adjusted volume of retail trade fell by 0.1% in the euro area (EA19), while it rose by 0.1% in the EU28, according to estimates from Eurostat.
Millions of euro worth of investments, from skyscrapers to hotels, malls and golf courses, and luxury homes are being promoted by private investors around Cyprus.
Russians have been snapping up the luxury homes Cypriots have had to hand over to the Bank of Cyprus to reduce or cover their debts.
Moody’s ratings agency assigned to the Cooperative Central Bank Ltd (CCB) Caa2 long-term local and foreign currency deposit ratings, in its first ever rating for the state-owned cooperative bank.
Some 9.3 million travellers are expected to use the airports at Larnaca and Paphos in 2017, a 3.6% increase on 2016, which had in turn been a record-breaking year.
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