Melco Resorts & Entertainment has received a collective total of 85 stars across all its properties in the 2019 Forbes Travel Guide (FTG), including 13 Five-Star awards and five Four-Star awards. This is the tenth consecutive year for Altira Macau to achieve the Forbes Travel Guide Five-Star recognition. Notably, Nüwa Macau at City of Dreams
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Nicosia aims to speed up slow-moving procedures regarding the registration of halloumi cheese as a product of Protected Designation of Origin with the European Commission, as its European trademark comes under fire. Cyprus, which lost its halloumi trademark in the UK last November after a blunder by the authorities, is now asking EU officials to
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Cyprus’ state asset management company (KEDIPES) generated income of €101 mln in the first four months of operation, following the sale of the Cooperative Bank to Hellenic Bank. KEDIPES was established as a 100% subsidiary of the Co-op to manage the non-performing loans, real estate and other assets amounting to €8.2 bln that were not
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Radisson has signed a deal with SunnySeeker Hotels to have six of its branded hotels on Cyprus after the first one opened in Larnaca last year. The Radisson Hotel brand will upgrade its presence on the island after the signing of a Master Development Agreement. The deal envisages the group growing its existing portfolio on
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Cyprus has budgeted around €3.5 mln to cover the cost of the upcoming European parliament elections on May 26 but interest in voting is low. Head of the electoral service Demetris Demetriou has told CAN that automatic inclusion in the electoral roll would be impossible for the upcoming European elections since the time left until
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Cyprus’ first division championship has turned on its head with Apollon Limassol topping the table after awarded three points when the football association reversed a 1-0 defeat to Anorthosis over an ineligible player. In its judgement the Cyprus FA ruled that Anorthosis’ Nigerian international goalkeeper Francis Uzoho played in the February 2 fixture with an
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Cyprus on Tuesday raised 1 billion euros through its first ever 15-year government bond issue which was eight times oversubscribed. “The issue of the first 15-year bond of the Republic of Cyprus has been completed on the international markets: €1 billion, interest rate 2.75%, with total offers of €8 billion! Strong confirmation of confidence and
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RCB Bank announced Tuesday it has expanded its list of payment solutions offered to customers to include card clearing operations, as it takes on board some of the island’s biggest commercial businesses such as IKEA. Head of RCB’s Card Acceptance & Digital Payments Services Department, Harry Xenophontos said the bank’s market share of the credit
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Celestyal Cruises, the cruising division of Cyprus-listed Louis Plc, is returning to its home base towards the end of the year, offering five week-long cruises out of Limassol, calling on Piraeus, Rhodes, Alexandria, Ashdod and Kusadasi. Dubbed the ‘3 Continents’ cruise, packages are advertised as starting from €849 on board the Celestyal Crystal as of
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During the 11-month period January to November 2018, building permits issued in Cyprus increased 12.05% to 5,929 compared to 5,291 in the same period of 2017. The total value of these permits increased 20.9% from €1.6 bln to €1.9 bln and the total area covered by 17.1%. The number of homes provided for also increased
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