The “Island Villas” of the Limassol Marina are completed!

The last of the “Island Villas” in the Limassol Marina are now complete,  and the majority of the luxury residences are already inhabited with only 20 left for sale. Emerging from the crystal- [...]

New projects €420 mn for Nicosia district

President of the Republic Nicos Anastasiades announced on Thursday a number of new projects for the Nicosia District worth 420 million euro.  The President was speaking at an event, during which he [...]

Four Seasons Apartments Are Coming

If you've ever checked out of a luxury hotel and thought "I wish I could just livehere," well, you're in luck. Four Seasons has announced its first-ever standalone branded "residences," set to debu [...]

Monarch Group stops flying

The Ministry of Foreign Affairs announced that according to official information from the British Government, Monarch Group, which includes Monarch Airlines and Monarch Holidays, has stop its operatio [...]

Cyprus, EIB sign €26m loan to upgrade CING research infrastructure

Finance minister Harris Georgiades said that the government, which is guaranteeing the loan, also pledged to increase the annual grant to the Nicosia-based CING so that the institute can meet is oblig [...]

Troika, continuing contacts on the island, departs later today

Troika representatives (IMF, European Commission, ECB), in the framework of the third post monitoring mission in Cyprus, met on Thursday with the Cyprus Land and Building Developers Association (LBDA) [...]

Cyprus climbs 19 places in competitiveness index, still among the EU’s worst

Cyprus was placed on the same ranking with Botswana and Jordan, slightly behind Oman and South Africa and Hungary and ahead of Colombia, Georgia and Romania, the WEF said in a statement on its website [...]

EBA: Revised guidelines on internal governance

The European Banking Authority (EBA) has published yesterday its revised guidelines on internal governance.  According to a statement, these guidelines aim at further harmonizing institutions' inter [...]

“The Galley” – a landmark new development

  Located on Limassol’s famed seafront road and right next to the Old Port, The Gallery will be an iconic building with a uniquely permeable design linking the seafront with the town centre via [...]

UN committed to Cyprus

UN Secretary-General Antonio Guterres reiterated to the President of Cyprus, Nicos Anastasiades, the United Nations’ commitment to Cyprus, including the availability of his good offices for the side [...]

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