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Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength and its importance to the island’s economic performance.
The presence of American multinational energy corporation Chevron in Cyprus’ maritime exclusive economic zone (EEZ) constitutes a “vote of confidence” in the energy potential of both Cyprus and Europe, President Nikos Christodoulides said on Monday.
Cyprus stepped onto one of the world’s largest maritime stages this month, making its debut with a national pavilion at MARINTEC China 2025, as the government stepped up efforts to promote the country’s shipping and maritime technology sector internationally.
Tourist arrivals to Cyprus surged in November, according to the state statistical service (Cystat), highlighting the sector’s continued strength a ...
The National Health Scheme the government has pledged to fully implement by July 2016 would have been necessary even if the economic crisis had not occurred, the EU Health Commissioner Tonio Borg said recently.
Oman is interested in investments in Cyprus, especially in the field of natural gas, Minister of Petrol and Natural Gas of Oman has said, after a meeting with Energy Minister Giorgos Lakkotrypis in Muscat.
Cyprus' constructive and stabilising role in the Eastern Mediterranean region, including efforts to mediate between energy-producing and energy-consuming countries, were the focus of President Anastasiades’ contacts in New York.
Unemployment fell on a quarterly basis in Q2 to 15.4% from 16.9%, the statistical service said recently.
Experts and companies in the field of energy take part in the first regional meeting for collaboration on ‘Safety and Environmental Protection of Offshore Oil and Gas Operations in the Eastern Mediterranean’ in Nicosia.
Gulf Air has announced twice-weekly flights between Kuwait and Larnaca in response to demand from Kuwait, it said recently.
Τhe exploratory drilling of ENI/KOGAS consortium has begun, with the drilling rig Saipem 10000 reaching the seabed of its first well at 'Onasagoras' site in the block 9 of Cyprus Exclusive Economic Zone (EEZ).
International rating agency, Capital Intelligence (CI), announced that it has raised the Bank of Cyprus' (BoC) Financial Strength Rating (FSR) to 'B-' (from 'C+'), reflecting the greatly improved capital position.
Finance Minister Georgiades did not rule out achieving a primary surplus in 2015, but said the course of the adjustment programme must be followed.
The Bank of Cyprus is understood to be close to clinching agreements to sell 10 pieces of property, it emerged recently.
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