The Cyprus Ports Authority, the state owner and operator of the island’s main commercial harbours, is re-inviting tenders for the Limassol Old Port facilities, that had only received one bidder last August
Takis Hadjidemetriou and Ali Tuncay are among the 47 winners of the European Citizen's Prize 2015 of the European Parliament. Since 2008, the prize has been awarded to citizens or organisations having
Dro.Me.A. Racing runners’ club organises the 6th annual ‘Garmin Troodos 15-km Green Race’, on June 14, 2015, with a start and finish at the Troodos central square. The island’s highest-altitude running event,
The Council of Ministers has appointed the state-owned Cyprus Land Development Corporation (CLDC) to undertake the management of mortgages for low-income families with debts of up to 250,000 euros and small companies
The value of bounced cheques has declined significantly year-on-year to €798,907 in the first five moths of the year, down from €1,247,949 in the corresponding period last year, the Central Bank of
* Energy giant wants 20% more in Aphrodite gasfield * Israel’s Delek Group is offering Houston-based Noble Energy $155 mln to acquire an additional 19.9% stake in the Block 12 license, boosting
At the 10th Cyprus-Russian Festival During the 10th Cyprus Russian Festival, taking place on the 6th and 7th of June in the Limassol Municipal Gardens, the Andrey and Julia Dashin’s Foundation will
The Ministry of Finance sold 6-year government bonds worth €12 mln in its monthly offer this week, but also proceeded to lower the interest rates for a second time that had made
Moody’s Investors Service has upgraded from B3 (on review for upgrade) to B1 the ratings on the mortgage covered bonds of the Bank of Cyprus, despite the high risk from the default
* Issued €45m in EIB loans; Low-cost retail products; Ship financing for second-hands, not newbuilds * Hellenic Bank, the island’s third biggest lender that has survived the banking crisis that pummelled its
