Chinese investors have bought a 31,171 m² mixed development plot for some €30 mln in Limassol which once hosted LOEL wineries. The oblong plot once belonging to the Laiko Group stretches from
The value of Cyprus building permits issued in the first half of 2019 reached €1.7 bln, more than double the amount for the same period last year. During the six-month period January-June
Cypriots planning to make a late foreign getaway will still have to dig deep into their pockets just to get off the ground. Last-minute holidaymakers flying to any destination should expect to
By Lukman Otunuga, Senior Research Analyst at FXTM Market activity during the Asian session on Tuesday was a mixed affair as investors juggled with soft inflation data from China and optimism around
Vehicle registrations for the first eight months to August declined by 7.7% year on year interrupting a five years of annual growth in sales during that same period. According to official data
Cyprus has warned it will not support borrowers who can pay off their loans by including them in the state-funded ESTIA scheme set up to bailout homeowners with toxic mortgages. Finance Minister
Space technology is a unique way to promote blue growth in Cyprus said Transport Minister Vasiliki Anastassiadou addressing the International Space Forum in Italy. Blue economy sectors in Cyprus employ over 20,000
Cyprus has requested more funds from the next multiannual budget for 2021-2027 in a bid to face challenges stemming from its small territory and its status as an island-state on the EU’s
By Hussein Sayed, Chief Market Strategist at FXTM Risk assets received a boost last week, while safe havens gave up some gains after the United States and China agreed to return to
Cyprus is considering updating its tonnage tax system and its pricing policy for the registration of ships as part of targeted measures to enhance the competitiveness of the shipping industry. Addressing a
