Jordan is interested to import natural gas from Cyprus’ offshore gasfields and Cyprus is willing to supply Jordan with natural gas as soon as the infrastructures is ready, House President Yiannakis Omirou said recently.

Fitch Ratings has upgraded Bank of Cyprus's (BoC) Long-term Issuer Default Rating (IDR) to 'CCC' from 'CC' and Hellenic Bank's (HB) Long-term IDR to 'B-', with a Stable Outlook, from 'CCC'.

Cyprus will be competing in Microsoft’s international technology competition Imagine Cup 2015 held in Seattle, USA, in July 2015 with three teams.

Cyprus, Egypt and Greece have signed the ‘Nicosia Declaration’, a framework agreement to further economic cooperation and solidify their three-way emerging political alliance.

Two Cypriot travel agencies, Top Kinisis and Xenos Travel, are joining Blue Air to offer chartered flights in the summer of 2015.

The prospect of creating a privately-funded asset-management company – or ‘bad bank’ – to help address the problem of non-performing loans (NPLs) is one that could be explored, Finance Minister Harris Georgiades said recently.

Transavia Airlines, which offers flights from Larnaca and Paphos to Amsterdam, was officially welcomed to the island recently in a ceremony at Larnaca airport.

Bailed-out Cyprus sold €1 billion in seven-year bonds recently, highlighting its economic recovery and the gulf with Greece, whose future in the euro zone is in doubt.

The economic climate in Cyprus improved in April 2015, with the Economic Condition Index increasing by 4 percentage points relative to the previous month, the University of Cyprus’ Economic Research Centre announced recently.

International lenders began talks in Cyprus recently to try to pave the way for a resumption of bailout payments after the island passed a law on foreclosure of bad loans.