AstroBank – formerly Piraeus Bank Cyprus – unveiled its new name and brand identity recently at a special event attended by Finance Minister Harris Georgiades.

The European Bank of Reconstruction and Development (EBRD) stands ready to take part in the privatisation of the Cyprus Telecommunications Authority (Cyta), an EBRD official has said.

Cyprus and Japan signed a Memorandum of Cooperation in higher education, a recent press release said.

Economic sentiment in Cyprus rose by 0.6 points in March to 114.8, compared with February, mainly on improved business confidence in industry and a marginal improvement in consumer confidence, the University of Cyprus said.

With the participation of more than 250 delegates, the 'Cyprus Business Hub: Let’s Talk Real Estate' conference was the largest and most successful Real Estate conference held in Cyprus.

The Invest in Cyprus Forum, which took place last Wednesday, March 22nd 2017, in New York, was attended by dozens of business people and investors from Cyprus, Greece, the US and other countries. Speaking at the event, President Nicos Anastasiades said that the island is well on its way of re-establishing full confidence in Cyprus by the international investor community.

The Cyprus economy has rebounded and set upon solid foundations said the deputy government spokesperson Victoras Papadopoulos.

Protaras is bracing for the first big wave of tourists with around 8,000 Austrian visitors expected to pack into the hotels up until April 2017.

The House finance committee concluded discussion of amendments to the Business of Credit Institutions Law, which allows banks to manage real estate properties and companies via debt for property swaps.

British travellers wanting a bargain city break should head to Cyprus, a study has found.