Cyprus house prices in the first three months of 2020 increased by 1.1% annually and a higher 2.5% on a quarterly basis, official figures showed on Wednesday.

Construction work to complete Ayia Napa Marina has resumed apace after COVID-19 lockdown while final completion is rescheduled for 2023, the project’s CEO Stavros Caramondanis said on Wednesday.

The cabinet on Wednesday gave the green light for initial efforts to be made toward setting up a deputy ministry for culture.

As of tomorrow, when President Nicos Anastasiades will lay the foundation stone for the construction of the Cyprus LNG Import Terminal Project in Vasilikos, Cyprus  will enter the natural gas era Natural Gas Public Company Chairman Symeon Kassianides has said.

As part of efforts to get a better deal after the UK announced significant hikes in university tuition fees from 2021, the education ministry on Wednesday asked men who are joining the army this summer to inform it whether they have secured places in universities so as to help its representations.

The facts may have changed the Cyprus Investment promotion agency’s action plan, but not the main core of its efforts, the attraction of quality investments from abroad.

Emirates SkyCargo will be operating scheduled cargo flights to 100 destinations across six continents during the month of July 2020, including Larnaca, it was announced on Tuesday.

The new Minister of Energy, Commerce and Industry Natasa Pilides and Deputy Minister to the President for Shipping Vassilis Demtriades were sworn in on Tuesday.

The Republic of Cyprus raised on Tuesday €1 billion in a double -European bond issue through the reopening of existing bonds maturing on 3 December 2024 and 21 January 2040, with the total demand exceeding ten times the minimum amount announced.

The European Commission’s summer economic forecast expects significant risks to the Cyprus economy as a result of the coronavirus pandemic’s impact on the tourism sector, which is predicted to see just 25% of last year’s revenues and high unemployment.