The deputy minister for tourism Savvas Perdios is to begin a round of contacts abroad to discuss prospects for the coming winter season 2019-2020, and also the current summer season, which as just opened, an announcement said recently.

Only 14% of ICT specialists in Cyprus are women, making the profession a male-dominated one but in some countries it's even worse.

New company registrations fell 7.9% year-on-year in April 2019, 1,077 compared with 1,169, company registrar figures showed recently.

Bank of Cyprus said recently it has generated a €95m net profit in the first quarter of 2019 on tax legislation amendments and adjustments in the sale of non-performing exposures.

The Bank of Cyprus’ board of directors recently announced it had appointed Panicos Nicolaou as the group’s chief executive officer to succeed John Patrick Hourican.

Elias Neocleous & Co LLC advises Blackstone on Cyprus law aspects of its investment in Superbet Romania

Talks between Total and Eni and the government to explore Block 7 of Cyprus’ EEZ are at an advanced stage and the announcement of an agreement is only a matter of time a government source told state broadcaster CyBC, it announced recently.

A strong 16% increase was recorded in credit card transactions during April 2019, reflecting the continuous recovery in consumption, while tax and other online payments to the state played a significant part in the upswing.

Greek oil and gas firm Energean has submitted to the Cyprus Energy Regulatory Authority (CERA) an updated proposal to supply the island with natural gas through an FPSO, which will commence operations in March 2021 in the EEZ of Israel.

Energy Minister Giorgos Lakkotrypis said significant progress has been achieved in negotiations with energy giants Total and Eni over an offshore concession inside the island’s exclusive economic zone (EEZ).