The Eastern Mediterranean Pipeline (EastMed) would strengthen the security of natural gas supplies for Cyprus, Greece and other south east EU countries by adding a new cross-border entry point in the region, according to Dimitrios Manolis, deputy development director of the pipeline’s backer IGI Poseidon.

Standard and Poor’s (S&P) has revised the Cypriot economy’s outlook to ‘positive’ from ‘stable’, a decision welcome by the government.

The Council of Ministers of the Republic of Cyprus, on 19 March, 2014, revised the criteria for providing Cypriot citizenship to high-net worth individuals.

ENI’s failure to locate commercially exploitable natural gas reserves in the Amathusa prospect was always the more probable scenario, but regardless, the latest setback should not discourage Cyprus from pressing ahead with its offshore exploration plans.

A NEW gene therapy for people suffering with Familial Amyloid Neuropathy type 1 (FAP 1), a rare genetic disease dated to the times of the Crusaders, will be offered as part of a clinical study at the Cyprus Institute of Neurology and Genetics (CING), it announced recently.

The Eni-Kogas consortium found a second dry well in Block 9, the Minister of Energy, Trade, Industry and Tourism, Giorgos Lakkotrypis announced recently.

The Cyprus Statistical Service has published the annual report 'Construction and Housing Statistics, 2013'.

The British Post Office Travel Money Report shows Portugal, Tenerife and Cyprus offer tourists exceptional value for holidays.

Paphos airport has welcomed the first flight of Germania Airlines which is offering flights from five cities in Germany, Hermes airports said in a joint statement from the Cyprus Tourism Association (CTO) and the Paphos Regional Board of Tourism.

Lending in Cyprus’s banking system fell in February 2015 by €106m compared to the month before and 1.2% compared to a year ago to €64.6bn as deposits fell slightly, the Central Bank of Cyprus said.