Investment company Apollo Global Management is the preferred bidder to buy a non-performing loan portfolio worth some €3bn from Bank of Cyprus, reports said.

Two of the best 20 hotels in Europe to spend time in September are located in Cyprus, according to The Times newspaper.

The once majestic Berengaria Hotel in Prodromos is to be auctioned by the Bank of Cyprus in a new twist for a hotel that once played host to titled guests before being abandoned and falling into ruin.

Government spokesman Prodromos Prodromou said recently that Cyprus is on its way to regaining investment grade status.

Luxembourg natives made the most expensive vacation trips (costing around €768 on average) in 2016, according to data collected by Eurostat.

From July 2018, the brand new ‘Premium Serviced Apartments’ category, were officially added to the Aphrodite Hills Holiday Residences inventory and are now another option of quality accommodation for our guests.

Government spokesman Prodromos Prodromou said that the cabinet may decide to renegotiate the revenue sharing agreement for the 4.5 trillion cubic feet (tcf) Aphrodite gas finding, the Cyprus News Agency (CNA) reported recently.

A total of 253 flights, which carried 47,000 passengers, were handled by authorities at Larnaca International Airport on Sunday 19 August, Hermes Airports spokesman Adamos Aspris told the press, noting that everything went smoothly and no problems were reported.

A total of 253 flights, which carried 47,000 passengers, were handled by authorities at Larnaca International Airport on Sunday 19 August, Hermes Airports spokesman Adamos Aspris told the press, noting that everything went smoothly and no problems were reported.

Luxury apartments, detached houses, holiday homes and hotels and land for development are in the market for buyers, particularly expensive real estate which is aimed at third country nationals seeking to acquire Cyprus citizenship.