The European Bank for Reconstruction and Development (EBRD) has decided to commence operations in Cyprus, Finance Minister Harris Georgiades said in a message on his personal account on Twitter. The decision follows
Cyprus Tourism Organisation (CTO) announced the introduction of a National “Cyprus Tourism Quality (CTQ) Label” Scheme. The Scheme aims towards rewarding the provision of Quality, by tourism related enterprises that adopt a
A new company providing air traffic control services will be set up by 2015, breaking away from the Civil Aviation Department and the Ministry of Communications and Works, Minister Marios Demetriades said
MeritKapital announced its new engagement with DBS Hong Kong, a leading financial services group in Asia with over 250 branches across 15 markets. Headquartered in Singapore, it has a strong capital position
The Cyprus government has plans to develop Limassol port further, despite the semi-government organisation’s facilities slated for privatisation. Communications and Works Minister Marios Demetriades said during a routine visit to the port
If you like the value deals from Primark and the Scandinavian designs of IKEA, then a new store opening in the heart of Nicosia could offer a combination of both. The first
The Council of Ministers has approved a new two-year incentive scheme aimed at rehiring unemployed people, with the rate of those out of work in Cyprus already reaching a phenomenal 18%. The
Former Cyprus central bank chief Christodoulos Christodoulou faces eleven charges of tax fraud, conspiracy and forgery and was released on a 5,000 euro bail on Wednesday, pending trial which is expected to
Card payments made by Cyprus residents increased by 12% in April, compared to a year earlier, and reached €168.5 mln, but the rise should not be considered an indication of a strong
A new company providing air navigation services will be set up by 2015, Communications and Works Minister Marios Demetriades said on Wednesday. Air traffic control services will be assigned to the company,
