After being granted three consecutive extensions, the Israeli investors interested in the billion-euro development of Larnaca marina and port, delivered their final proposal to the Minister of Transport Vassiliki Anastassiadou. The proposal
Russian Ambassador Stanislav Osadchiy said the closure of perceived Cyprus shell-companies, as well as EU sanctions has raised concerns in Russian business circles. Addressing the Russia-Cyprus Business and Investment Forum, Osadchiy said:
Washington supports the right of Cyprus to exploit its natural wealth, and views energy development in the Eastern Mediterranean as a matter of priority, a senior US diplomat said on Friday. US
In Cyprus inflation stood at 1.9% in October, slightly up from the 1.7% in September and much higher than 0.4% a year ago, according to Eurostat. But the local inflation rate was
Cyprus Airways received from the International Air Transport Association(IATA) a certificate for successfully joining IATA. The membership certificate was handed to Cyprus Airways at a Ceremony in Madrid during IATA’s event “Wings
US giant ExxonMobil has begun exploration for oil and gas in block 10 of Cyprus’ Exclusive Economic Zone (EEZ), Energy Minister George Lakkotrypis said on Friday. Lakkotrypis confirmed test drilling has started
President Nicos Anastasiades has pledged that the Cyprus health sector will have a completely new face by 2020 in the biggest shake-up for generations. In an address to the Cyprus School of
Consumers are complaining about the high price of potatoes, with officials attributing the steep increase to a shortage of spuds in the Cypriot market lasting almost three months now. Despite reassurances from
. By Doros Aresti Demand for cruise holidays has been rising steadily over the past decades. According to the Cruise Lines International Association (CLIA), 27.2 million passengers are expected to travel by
Under the EU-UK draft Brexit deal more than 10,000 Cypriots living and working inside the British bases territory in Cyprus will have their rights fully protected. This was the message from Cyprus
