Cybarco Development’s new project ‘The Oval’ office complex is an imaginative and ambitious, for Cyprus standards, development project, which will without a doubt give Limassol a new look.

Tourism profits have increased for the seventh month in a row, according to data published by the Statistical Service.

Industrial production rose 6.4% in January 2016 compared to a year before as a general output increase in all other categories offset a drop in water supply and recycling, the statistical service said.

Head of the European Stability Mechanism (ESM) Klaus Regling has called the end of the Cyprus adjustment programme a great success.

In a recent decision of the English Commercial Court in ESSAR SHIPPING LTD –v- BANK OF CHINA LTD (2015) it has been held that an applicant to an anti-suit injunction shall act promptly and not sleep on his rights.

A positive climate prevailed on the Cyprus Stock Exchange (CSE) on Tuesday March 29, 2016.

Wedding tourism from neighbouring Lebanon is busier than ever – with authorities hoping the upward trend will continue.

The Energy Ministry recently invited tenders for the development and operation of a science and technology park at Pentakomo in the coastal town of Limassol.

Cypriot companies were successful in reducing their non-performing loans in 2015 at the expense of their liquidity, while households saw their non-performing loans rise amid an increase in deposits against loans, an analysis of central bank figures shows.

Average employee monthly earnings fell to €2,156 from October to December 2015, a 0.9% drop relative to the respective quarter of 2014 and 0.2% compared with the third quarter to a seasonally adjusted €1,874, which is comparable to 2009, the statistical service said, citing preliminary data.