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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 ...
Naguib Sawiris, the Egyptian billionaire businessman behind the Ayia Napa marina development has begun the active promotion of the project, seeking buyers for the real estate in the marina.
The new Chief Financial Officer (CFO) for Hermes Airports is Giorgos Paschalis since January 2017.
This year, Cyprus will host the annual meeting of the European Bank for Reconstruction and Development (EBRD).
Cyprus is the cheapest destination for UK families booking a half-term sunshine trip, a recent study has found.
The number of property transactions rose 29% in January to 423 compared to the respective month of 2016, the Department of Lands and Surveys said.
Building permits rose in January to November 2016 an annual 17% in terms of construction area and 12% in terms of value to 933,771 square meters and €1bn respectively, the statistical service said.
The Israeli market is being actively targeted as part of an ongoing tourism plan to encourage travellers between Paphos and Tel Aviv in 2017.
Speaking to state radio recently Energy Minister Giorgos Lakkotrypis said that there are discussions over whether natural gas can be used to produce electricity on the island.
Favourable prospects in the tourism sector worldwide, growing competition, and an increasing uncertainty in the region will be discussed at the Cyprus Hotel Association annual conference in Nicosia on February 14, 2017.
Transport Minister Marios Demetriades met recently with the new container operator at Limassol port, a week after the latter took over and following several days of teething problems.
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