A total of 7,000 Austrian pensioners, members of the retirees’ federation PVO Pensionisternverband ended their long-stay holiday organised by Senioren Reisen that is affiliated to the country’s socialist party and the biggest voice for pensioners in Austria. Cyprus was chosen for the first time which has helped boost off-peak tourism and boosted numbers
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The Queen Mary 2, one of the largest cruise ships in the world, docked at DP World Limassol port on Friday for a one day transit call. The ocean liner berthed for the day, giving many of its 2,500 passengers a chance to enjoy sights ashore. Passengers boarded 50 buses from the passenger terminal to
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Lebanon’s Minister of Energy and Water Cesar Abi Khalil announced on April 26 the list of companies qualified to take part in first licensing round. The announcement came two weeks past the deadline initially set on April 13, due to last minute requests from a number of applicants, according to the Middle East Strategic Perspectives
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The government in Nicosia has dismissed the positions of Permanent Representative of Turkey to the United Nations Feridun H. Sinirlioglu who expressed in a letter to the UN Secretary General his “grave concern” regarding what he described as the “provocative act” by the government of the Republic of Cyprus to grant an offshore hydrocarbon exploration
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The General Government financial assets stood at EUR 15.42 bln at the end of December 2016, down from 15.94 bln at the end of the third quarter, while its financial liabilities were at 28,39 bln, down from 28.71 bln, according to figures released by the Central Bank of Cyprus. The central bank’s quarterly financial
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* USA is No. 1 property market for overseas buyers * Overseas interest in Cyprus strengthened in March, according to TheMoveChannel.com’s latest Top of the Props index. The country re-entered the top ten most popular countries on the portal for the third time in six months, becoming the sixth most sought-after destination. Foreign buyers returned
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Shipping pools can be an attractive option for ship owners and operators, particularly in difficult markets and during periods of economic uncertainty, according to advisory firm Moore Stephens. In its quarterly Bottom Line newsletter on shipping, Moore Stephens reported that has advised on a number of pool agreements during the past 12 months, and
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The International Transport Intermediaries Club (ITIC) says communication failings within shipbrokers’ organisations can result in important instructions from principals being overlooked, leading to potentially costly claims. In the most recent issue of its Claims Review, ITIC cites an incident in which an off-duty member of a tanker broker’s operations staff received an individual phone
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The average confidence level expressed by respondents to the Moore Stephens Shipping Confidence Survey for the quarter ended February 2017 was unchanged at 5.6 out of 10.0. The likelihood of respondents making a major investment over the next year was 4.9 out of 10.0. Demand trends were expected to influence performance most significantly over
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A fifteen member group of journalists from Jordan who cover the tourism, economy and property sectors, visited Paphos and Limassol for a four day trip, following a special invitation by the Leptos Group. During their stay, they visited the property developments of the Group, the new University of Neapolis, the Iasis Medical Centre, as
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