TUI Group, the world’s largest tour operator, said it was confident of increasing earnings by more than 10% this year, as holidays to the Canary Islands and Cyprus replace security-threatened destinations in Egypt and Tunisia.

Aradippou Town Hall recently voted narrowly in favour of the operation of a gold processing plant in the Larnaca village.

Businesses and consumers in Cyprus look set to benefit from two new cross-border e-commerce Directives proposed by the European Commission.

A third Trilateral Summit between Greece, Egypt and Cyprus in Athens has effectively solidified the foundations of the cooperation between the neighbouring countries in the years to come.

Moody’s Investors Service announced recently that it has changed its outlook for the Cypriot banking system to stable from negative, reflecting the country’s modest economic recovery.

The Cyprus Statistical Service has confirmed that GDP grew in real terms by a seasonally adjusted 2.2% compared with the same period of the previous year in Q3 —its strongest pace of growth since 2010.

Director of the Department of Merchant Shipping Mr. Andreas Chrysostomos has been bestowed with the 'International Personality of the Year' 2015 Award within the Greek shipping industry.

President Nicos Anastasiades recently underlined the importance of the coming year for the best exploitation of Cyprus’ natural gas reserves.

The government has sold €50 million in 30-day Treasury Bills with a weighted average yield of 0.68%.

Energy Minister George Lakkotrypis said in an unexpected turn of events that the Electricity Authority of Cyprus (EAC) ought to remain fully in state hands but the administrative split of the organisation will move ahead.