Energy Minister Giorgos Lakkotrypis recently denied reports that oil and gas companies are all but on their way out of Cyprus after coming up dry in their prospecting.

The Cyprus Investment Promotion Agency (CIPA) is urging parliament to expedite a batch of bills aimed at facilitating much-needed foreign investment in Cyprus.

MTN has entered a collaboration with Wargaming.Net, an international game developer and publisher based in Cyprus, to which it will offer collocation services, MTN said in a statement recently.

Cyprus will launch a tender for the privatisation of commercial activities at Limassol port in May 2015, Transport Minister Marios Demetriades announced recently.

A bill governing the operation of casinos is expected to be put to the vote inside May 2015 and the license will be issued around nine months later, Energy and Commerce Minister Giorgos Lakkotrypis said recently.

Cyprus government bond yields have fallen following the recent passage of the foreclosure and insolvency legislation by parliament.

Minister of Agriculture Nicos Kouyialis has granted Russian public health services permission to visit Cyprus and conduct checks on certain companies' premises to see if they fulfill conditions for exporting products to Russia.

Troika technical groups are expected to return to Cyprus between April 26 and 29, 2015, with a view to completing the fifth review of the country’s economic adjustment programme.

Thomson and First Choice will introduce a new route for local holidaymakers in the summer of 2016, connecting Norwich and Paphos, according to a Norwich International Airport announcement.

Cobalt Air has made an official request to the Cyprus Civil Aviation (CCA) to obtain a Certificate of Airworthiness and become the island’s first ‘unofficial national carrier’ since the collapse of Cyprus Airways.