Cyprus hosts between 90,000 to 150,000 rounds of golf a year in its three main golf courses, according to Trade and Tourism Minister Antonis Paschalides, who added that about 60,000 of those
Property developers believe that the market is enjoying a mild recovery and demand is growing among locals for apartments and houses in Nicosia, holiday homes in Protaras and Ayia Napa and houses
Armenia said on Thursday it was close to establishing diplomatic relations with neighbouring Turkey after a century of hostility. High-level negotiations between the two countries began last year and expectations are rising
The Cyprus American Business Association (CyABA) and the U.S. Embassy in Nicosia cosponsored a workshop and round table discussion last Thursday on Intellectual Property Rights (IPR) enforcement in Cyprus. The event was
Cyprus GDP in the first quarter of 2009, at current prices, is expected to drop 9.43% to €3.55 bln compared to €3.92 bln in the first quarter of 2007, according to the
The European Commission has chosen the annual Innovation Award of the Employers and Industrialists Federation (OEV) as a tool of ‘good practice’ to promote creativity and innovation in Europe. The awards initiative
Banks and Cooperatives have pledged to accelerate efforts to reduce interest rates in Cyprus after the government said it will inject an additional liquidity of EUR1 bln in the banking system. Banks
A powerful rally led by banking shares helped the Cyprus Stock Exchange General Index wipe out all of its losses in 2009 and move into the black, in tandem with rising global
KPMG has launched a new service called KPMG Academy as part of the firm’s strategy for social responsibility with a goal to turn knowledge into value. Andreas Christofides, Managing Director of KPMG
The National Bank of Greece (Cyprus) announced that Petros Fronistas has been promoted from General Manager to the newly created post of Deputy Managing Director. Also, the bank has appointed two new
