Zorbas reports profit decline

Cyprus’ leading bakery chain, A. Zorbas & Sons (ZRP) recorded a decline in first nine month results because of increased costs related to its new production unit, higher labour costs as well

Buy-to-let investing in the Middle East

As US and European housing markets slow, investors are looking further afield. The Middle East‘s housing markets have been rapidly opening – and both opportunities and dangers await property investors, according to

Cyprus reelected member of IMO Council

Cyprus secured its participation in the International Maritime Organization’s (IMO) Council. During the 25th session of IMO’s governing body, the Assembly, Cyprus has been reelected with 115 votes as a Council member,

Minister to discuss FMD with EU Health Commissioner

Agriculture, Natural Resources and the Environment Minister Photis Photiou is  in Brussels on Monday to discuss with EU Commissioner responsible for Health Marcos Kyprianou the possibility of lifting some of the measures taken,