The Chinese are showing huge interest in Cyprus property according to online searches on Juwai.com, the property portal found in a study, revealing the sunny island was the most popular across the Mediterranean.

Online gaming giant Wargaming.net, one of Hellenic Bank’s three major shareholders, has trimmed its stake in the lender from 26.2% to 24.8%, according to a stock exchange filing.

Arrivals in September 2015 were the highest in the history of the island’s tourism industry the Cyprus Tourism Organisation (CTO) said recently, with visitor numbers hitting 360,899, a 14% hike on the same month last year.

Cyprus has already applied for regional membership to the fledgling Asian Infrastructure and Investment Bank, according to President Anastasiades.

The real estate market in Cyprus is on the recovery, following in the footsteps of the country’s overall economic activity.

Three airlines will promote Cyprus as part of a €2 million pilot programme, undersecretary to the President Constantinos Petrides said recently.

An increase of 6.5% was recorded in revenues from tourism in July 2015 compared to July 2014, according to data released by Eurostat recently.

The trade deficit narrowed to €2.15 bln in the first eight months of the year, compared to €2.27 bln in the same period in 2014, according to the Statistical Service Cystat.

The Cyprus Shipping Chamber is calling on the government and all stakeholders to quickly establish the legal framework within which the oil and gas sector will operate.

A European Union directive on bank deposit guarantee schemes (DGS) is expected to be transposed into the island’s legislation by the end of the October 2015, as Cyprus faces hefty fines if it continues to delay its approval.