French gas giant Total is ready for exploration in Cyprus' Exclusive Economic Zone for the period 2017-2018, which coincides with apush to reunite the island and maximise benefits from natural resources.

Cyprus banks are seeing the highest liquidity in the financial credit system for the first time since March 2013, when the banking crisis was in full swing.

EU regulators will order the three major Cypriot banks to raise provisions even higher, according to recent press reports.

Cyprus, Greece and Israel discussed ways to promote the construction of the East Med pipeline, that would transport natural gas from the Eastern Mediterranean to Europe through Greece.

Casino investor NagaCorp Ltd said in a filing to the Hong Kong stock exchange recently that it would not be proceeding to the final bidding stage for the single casino licence in Cyprus.

Paphos with 40% followed by Limassol with 23% are the two most popular destinations for Cypriots wanting to unwind.

The promotion of energy interconnections of Eastern Mediterranean countries and the EU is at the centre of discussions at a trilateral meeting in Athens between the energy ministers of Cyprus, Greece and Israel.

This year will be written in gold in the annals of Cypriot tourism, as one record follows another, acting director of the Cyprus Tourism Organisation (CTO) Annita Demetriades said recently.

Shipping was the main mode of goods transportation in a majority of EU member states in 2015, according to Eurostat.

Investment-grade rating for Cyprus’ sovereign debt is still some way off but has been “notching up nicely” over the past year, and Bank of Cyprus is following it up, CEO John Hourican said.