The award winning, five-star and first-ever leisure, golf and real estate development in Cyprus which combines the five-star accommodation with an indulgent spa, championship golf course and a first class tennis academy,
The collapse of two Russian tour operators in as many weeks has caused concern among Cypriot holiday companies, with hoteliers once again fearing they will be left unpaid or lose long-term bookings.
Hermes Airports announces that www.hermesairports.com website has been re-launched. Hermes Airports Ltd is the operator of the two International Airports of the Republic of Cyprus. The consortium consists of 9 shareholders comprising of
Cypriot Marcos Baghdatis is the winner of the 2014 VanOpen after defeating Farrukh Dustov of Uzbekistan. Baghdatis became the champion with a 7-6(6), 6-3. This is his second victory since returning to
At least 367 people have been killed and some 1,300 injured by a magnitude 6.1 earthquake in south-west China, state news agency Xinhua says. The US Geological Survey said the quake struck
President of Cyprus Nicos Anastasiades suffers a knee problem and will have to undergo a surgery in August, Government Spokesman Nikos Christodoulides has told CNA. President Anastasiades was expected to attend yesterday
The Central Bank of Cyprus (CBC) announced that it has suspended the sale process of the branch of FBME Bank Ltd in Cyprus, pending a court injunction order issued by the main
The process of restructuring non-performing loans (NPLs) in the Cooperative Credit Institutions is fully on track, according to senior banking sources. The percentage of non-performing loans in the Cooperatives reached 52.62%, or
Bank of Cyprus now has cushion of €1.6 bln after the recent capital increase of €1.1 bln, continued cost-cutting and cashing in on some €950 mln the government owed it after absorbing
The government announced on Friday that it will proceed with a “fast track” process to finalise the legal framework, invite bidders and choose the licensor who will operate an integrated casino resort
