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The Kanika Group has sold The Alexander the Great Beach Hotel in Paphos and the Kanika International Business Center in Limassol in two separate multimillion-euro deals involving Russian investors. The recently-renovated Alexander

The decision to place the Cyprus branch of FBME Bank under resolution shows the commitment of the Cypriot independent institutions to safeguard financial stability, Government Spokesman Nicos Christodoulides stressed on Tuesday. The

The Cyprus government has pledged to drastically reduce the number of pending title deeds from 30,000 at present to just 2,000 by the end of the year, a fete regarded by many

Investment funds (IFs) in Cyprus have increased over time, the Central Bank of Cyprus said in its first quarterly statistics on the sector, with their assets nearly double in March this year

The Cyprus Foreign Ministry has dismissed press reports of allegations of an import of 4,603 tonnes of barley originating in Crimea on June 23. The Ministry said that investigations conducted by the

The German parliament (Bundestag) has decided to expand its International Parliamentary Scholarships (IPS) scheme to include Cyprus, Greece, Turkey and the countries of the Arab Spring. According to the Bundestag website, the

The Central Bank of Cyprus issued an announcement late Monday saying it had issued a decree by which it has placed the Cyprus branch of FBME Bank Ltd. under a state of

An emergency meeting has been called at the Ministry of Finance where Haris Georghiades is discussing last-minute changes to the repossessions bill, which is being demanded by the Troika of international lenders