Cyprus and Israel have agreed to form an 'implementation committee' to handle all aspects of bilateral relations and in particular energy and security issues, an insider told the press.

Israel has agreed to a sea route between the Gaza Strip and Cyprus in return for a long-term ceasefire with Hamas, Israel’s Haaretz newspaper reported recently.

A Statistical Service flash estimate published recently registered an annual GDP growth in 2Q 2015 of 1.2% in real terms.

Too many unknowns make it hard to predict how Cyprus’ gas plans are affected by the deal announced recently between Israel and Noble-Delek for the development of the Leviathan field.

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.

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.