The long-awaited €1.2 billion redevelopment of Larnaca port and its marina got the final green light Monday after the Transport Ministry sent a ‘Successful Tenderer Letter’ to the chosen consortium after protracted negotiations.

Economic sentiment in Cyprus improved for the third month in a row in July, albeit at a slower pace after the March lockdown due to the Covid19 pandemic and subsequent deceleration of the entire economy.

A public tender with a mandate to roll out 5G network platforms by 2025 covering at least 70% of the population of the Republic of Cyprus and all highways has been launched.