Tourist arrivals soared in June recording an annual increase of 22.6% compared to June 2015, data released by the Statistical Service show, with the Cyprus Tourism Organisation calling on all stakeholders “to
Lebanese businessman Maurice Sehnaoui, already in control of BLC Bank which in turn wholly owns USB Bank in Cyprus, has acquired Piraeus Bank Cyprus as the sole subscriber to the EUR 40
The trade deficit recorded an increase in January – April this year compared to last year. According to the Statistical Service, the trade deficit was EUR 988,7 mln in January-April 2016 compared
Ryanair has celebrated carrying 2 mln customers to and from Paphos since its first flight in 2012. The low-cost carrier said it will operate nine Paphos routes this summer, including daily flights
Τhe Statistical Service published the House Price Index (HPI), a quarterly index that measures the change in the average prices of residential dwellings of all types of residential properties, both new and
Parliament has approved a proposal that the property tax for 2016 will be at 25% of the taxable payable amount calculated based on the applicable rates and the price of the property
Cyprus has received six bids for the three natural gas and oil exploration licenses that were offered in the third offshore licensing round, the Energy and Trade Ministry announced on Wednesday.
* Real GDP to grow by 2.9% in 2016, 3% in 2017, says UCy * The recovery of the Cypriot economy is estimated to gain momentum as real GDP is forecasted to
* Energy Minister in UK and US to promote third licensing round for offshore exploration * Energy Minister Yiorgos Lakkotrypis has embarked on yet another whirlwind tour to the UK and the
By Paul Ausick, 24/7 Wall St.com Noble Energy Inc. (NYSE: NBL) announced Tuesday morning that it has agreed to sell a 3% working interest in the Tamar field offshore of Israel to
