The fourth BEST LEGAL conference was held at the Four Seasons Hotel in Limassol on 25 September. The event, which is organized by the Cyprus business magazine SUCCESSFUL BUSINESS, has become the leading legal conference in Cyprus directed at attendees from overseas, and this year’s event attracted more than 200 prominent businesspeople, lawyers and other professionals from more than 20 countries.

Cobalt Air flights from Paphos to Moscow in October 2017 went on sale on Wednesday, the airline announced.

Limassol ranks as a top destination for visitors, and cruise lines see DP World Limassol as an attractive call on their itineraries, Charles Meaby, General Manager of DP World Limassol, said recently.

The House Price Index rose 3.1% in the second quarter of the year compared to the first one, to 102.74, the highest since Q1 2015, the statistical service said.

Cyprus will take decisions over the monetisation of its natural gas reserves by the end of 2018 following explorations by Exxon Mobil and Qatar Petroleum consortium in Block 10, Energy Minister Yiorgos Lakkotrypis said recently.

Elias Neocleous & Co LLC is a principal sponsor of The Limassol Economic Forum, which will take place on Friday, 20 October 2017. Now in its eighth year, the forum is the biggest and most important business gathering in Cyprus, and has become a major platform of debate on political, economic and business issues in Europe and the Eastern Mediterranean.

PAFILIA Group will find out in the coming days whether they have met the necessary criteria to construct a long-anticipated marina in Paphos, according to the head of the Paphos Chamber of Commerce and industry.

Cyprus' economy, the euro area’s second smallest, expanded by 3% in real terms last year, 0.2 points higher than the forecasted 2.8% announced in March of 2017, the statistical service said.

Cyprus’ trade deficit widened 2.2%, to over €2.8bn, in the first eight months of the year compared to the respective period of last year mainly on increased imports, the statistical service said.

The International Monetary Fund (IMF) said recently it expects the Cypriot economy’s growth to slow down to 2.6% next year from 3.4% in 2017.