Qatar close to major investment in Cyprus

Minister of Finance Charilaos Stavrakis has said that Cyprus is satisfied with the progress achieved so far regarding negotiations between Cyprus and Qatar for an investment in Nicosia on behalf of the

Cyprus petroleum sales up 9.8% in March

The total sales of petroleum products in March 2009 recorded an increase of 9.8% compared to the previous month, according to the Statistical Service. A significant increase was recorded in the sales

Oil hits 2009 high, rises above $58

Oil rose above $58 a barrel on Thursday, hitting a fresh 2009 high, as signs of economic improvement in the United States boosted expectations of future increases in demand for oil products.

Cyprus property sales slump 55% in April

The number of property sale contracts in April fell 54.9% Year-on-Year according to the Cyprus Land Registry Department. This follows the 64.7% reduction in the number of property sale contracts in the