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Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) of the Bank of Cyprus (BoC) to BBB- from BB+, assigning a positive outlook.
The Deputy Ministry of Shipping is advancing plans to construct new headquarters on the site of the former ‘Nemitsas’ factory in Limassol, following recently introduced public investment procedures.
Tourist arrivals in Cyprus recorded a year-on-year increase of 7 per cent in February 2025, with an additional 32,865 visitors arriving on the island during the first two months of the year.
Cyprus is growing as a top choice for foreign direct investment (FDI) in Europe, said Invest Cyprus CEO Marios Tannousis. Tannousis addressed an i ...
Efforts to restart the economy need to be based on research, technology and innovation, says President Nicos Anastasiades.
Limassol and Saint Petersburg seek to further enhance their cooperation in mutual investments, research programs, exchange of students, tourism, cultural exchanges and other fields.
Cyprus moved up one place in the March 2014 Top of the Props chart published by the TheMoveChannel.com, which records the most searched for overseas destinations to buy property.
Thailand is determined to find ways and means to further promote the bilateral trade and tourism with Cyprus, says the new Ambassador of Thailand to Cyprus, based in Rome.
Qatar Airways will commence direct flights to and from Doha and Larnaca airports on Tuesday April 29, 2014, with the first scheduled flight expected at 11.30am.
There are encouraging indications for more natural gas and also oil discoveries in Cyprus' offshore area, with natural gas explorations well underway in five licensed blocks.
Private-sector deposits in Cypriot banks rose slightly in March 2014, the first monthly increase since November 2013, recent ECB data showed.
Alleviating concerned Larnaca residents, the Communications Minister said recently that energy companies seeking permission to work from Larnaca port only need logistics support which implies no heavy machinery.
The UK Post Office barometer shows that the coastal resort climbed to sixth place on the chart in 2014, as a top value for money resort.
Two entrepreneurs – one in Cyprus, the other in the US – have proposed the Energy Coin, an asset-backed crypto-currency to allow the pre-sale of the island's natural gas.
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