New hospital fees introduced last August brought in about €12m to state coffers in the first five months of the plan, which could expedite plans for a much-delayed National Health Scheme.

A substantial leisure project with a hefty price tag of around €7 billion is being proposed for Yeroskipou in Paphos by a conglomerate of foreign investors.

Cyprus is on the road to a new economic miracle, says President Nicos Anastasiades, praising Cypriot export firms for contributing crucial liquidity to the economy.

Ocean Rig UDW Inc. an international contractor of offshore deepwater drilling services, with headquarters in Cyprus, announces its unaudited financial and operating results for the fourth quarter 2013.

CySec has released an official statement to Cyprus Investment Firms and UCITS management companies regarding the incongruences of EMIR regulatory matters with regards to forex, coupled with trade repository lapses.

The Minister of Energy discusses the recent hydrocarbons discoveries in Cyprus’ EEZ, as well as the government planning in the energy sector in a meeting with the President of the party 'Citizens Alliance' Yiorgos Lillikas.

MTN Cyprus, the island’s second biggest telco, has launched a flexible service, Broadband-in-a-box, allowing subscribers to enjoy unlimited internet from anywhere, with high 3G+ speeds and without a fixed telephone line.

China is looking at playing a role in Cyprus’ multi-billion-euro plans to develop the island’s natural gas reserves, including possible investment in a liquefied natural gas (LNG) export terminal, say reports.

A total of 70 local CEOs contributed their views and experience on the future of their companies in the next 12 months, through a survey carried out by PwC.

Prospects for an onshore liquefied natural gas (LNG) plant in Cyprus could be ebbing away and immediate action is needed if the tide is to be reversed, industry sources say.