Former Paphos Mayor Savvas Vergas and the Director of the Paphos Sewerage Board, Eftychios Malekkides, were handed down prison sentences of six years each on Wednesday on conspiracy charges and bribery related
Tourist arrivals in Cyprus increased by 2.8% year-on-year in January, from 40,675 to 41,799, with Israeli and German tourists taking the lead, but steady streams from the U.K., Greece and Russia were
Cypriots seem to be overcoming their worries abouthe the economic crisis and credit crunch that hit in 2013, with trips abroad up by 11% in January compared to the same month in
Two service vehicles belonging to the Bank of Cyprus were burnt in an arson attack before dawn on Tuesday outside the home of the bank’s CEO John Hourican. One of the two
Cyprus will slowly but steadily emerge stronger from the recent downturn, the Governor of the Central Bank of Cyprus Chrystalla Georghadji told delegates at the Investors’ Summit last week, adding that a
The after-work Milano da Bere parties organised by the Haze Team Cyprus are back this week with the theme being the Carnevale Di Venezia. The event will be held at the Patio
The Central Bank of Cyprus said on Monday that its governing council decided to lower the ceiling on its base interest rate by one percentage point, urging the island’s commercial banks to
The Cypriot Minister of Energy and the Egyptian Minister of Petroleum have a signed a memorandum of understanding (MoU) in Cairo for both the upstream and downstream exploitation of output from the
Qatar Airways recently celebrated the inauguration of its new city office in Nicosia – centrally located, attended by top regional travel agents and local media. The ribbon was cut by Qatar Airways
The Co-operative Central Bank (CCB) announced on Friday it will cut interest rates on well-performing housing loans by 1 point from 5.2% to 4.2% as of March 1, affecting about 34,000 households
