The Electricity Authority is entering the alternative energy market with a 3MWp solar park near Tseri that will come online in May 2014 and a larger 30MWp plant near Limassol by the end of 2015.

Bank of Cyprus has completed the sale of its Ukrainian business and stake in Banca Transilvania ahead of schedule.

The partners developing Israel's offshore Leviathan natural gas field, Delek Drilling are looking to sell gas through a pipeline to Cyprus, according to officials.

It has been reported that Canada is showing an interest in the developments of Cyprus' hydrocarbons sector, following a recent statement to this effect by the Canadian High Commissioner based in Athens.

President of the Cyprus Hydrocarbons Company (CHC) expects significant developments, which will enhance the option of creating an onshore LNG terminal at Vasilikos.

Etihad Airways, the national carrier of the UAE, announces plans to boost frequency and capacity to Larnaca and Athens, adding depth to its expanding network, while enhancing connectivity over its Abu Dhabi hub.

Opportunities for growth exist in the majority of economic sectors of Cyprus, President Anastasiades told a Business Forum in Dubai, particularly in relation to the island's hydrocarbons find.

Co-ops will in May 2014 be announcing a number of initiatives to help vulnerable borrowers, Co-operative Central Bank chief Nicolas Hadjiyiannis said recently.

A preliminary agreement has been reached for a detailed study into the role of the Larnaca port, the town’s mayor said following a meeting with the Communications Minister.

Cyprus and the United Arab Emirates (UAE) have signed a bilateral agreement for cooperation in the air travel services sector and Memoranda of Understanding (MoUs) on energy, tourism, education and science.