Geopolitical developments and their effect on global shipping will be one of the main issues on the agenda at this year’s Maritime Cyprus conference in Limassol in September 2015.

President Nicos Anastasiades and the president of Seychelles have discussed ways to strengthen their bilateral relations, according to a press release issued recently.

Property prices were down 0.4% for apartments and 0.3% for homes in Q2 2015, according to the latest index produced by RICS Cyprus, with the biggest drops in Nicosia and Larnaca.

Deputy Government Spokesman Victoras Papadopoulos recently said Cyprus’ energy programme is moving ahead at full speed.

Inflation dropped by 2.4% in July 2015, compared with a drop of 2.1% in June 2015, according to figures from the statistical service Cystat.

According to new figures, building permits issued during the period January – May 2015 amounted to 2.034, registering a decrease of 3.0% since 2014.

The Saipem 10000 drillship sailed through Cypriot waters recently where it is set to resume drilling operations on behalf of ENI in Egypt.

Cyprus has the largest number of five star hotels in proportion to its population in Europe and this allows it to attract all types of tourism,the chairman of the Cyprus Tourism Organisation said recently.

Chinese COSCO isamong companies which will be invited to submit details of their plans for taking up sections of Limassol port commercial operations, the state radio reported recently.

Laiki Capital Public Co Ltd has changed its name to LCP Holdings and Investments Public Ltd, the company said in a statement on the Cyprus Stock Exchange.