The resort town of Paphos, popular for family vacations and host to the European Culture Capital of 2017, has reached a point where it has to stop holiday reservations, as hotels are
* 200 staff defy union walk-out * Hellenic Bank, the island’s third largest lender that escaped a state bailout when the banking system collapsed in 2013, has sold its non-performing loans and
The Cyprus Chamber of Shipping, the umbrella organisation for the entire maritime sector of shipowners, managers and services, has hailed the unanimous decision by MPs to forward for a vote the legislation
Construction, consumer confidence are negative drivers The economic sentiment in Cyprus deteriorated slightly in June, according to the University of Cyprus monthly Economic Sentiment Indicator (ESI-CypERC) that declined by 0.8 points from
Bank of Cyprus announce that it has appointed Marios Kalochoritis as a Senior Advisor to the Group Chief Executive Officer and will resign from the bank’s board of directors. As a
Melco International Development Ltd, the Hong Kong-based leisure gambling and property company, has taken a 70.74% controlling stake of the integrated casino resort project in Cyprus, with the agreement to purchase Hard
Moody’s Investors’ Service on Friday upgraded Bank of Cyprus Public Company Limited’s (BoC’s) long-term local and foreign currency deposit ratings to Caa1 from Caa2 and its Provisional Senior Unsecured EMTN ratings to
The Kamares Emergency Medical Centre opened in October 2007 and after almost ten years of success, continues to offer an invaluable service to the residents of Kamares and the nearby villages of
Cyprus, and Limassol in particular, seems to be divided between two basic principles – to allow a new construction boom, with 30-storey sky-high towers, contributing significantly to the local economies in the
Numerous high-rise buildings, comprising commercial and residential properties, are set to dominate the skyline of Limassol; several are already under construction others are in the pipeline. According to Cyprus Property News,
