NIKOSIA - Leading Cyprus group Thanos Hotels and Resorts announced on Wednesday it is entering the Greek luxury hospitality market with a three-year investment plan aimed at opening 10 new hotels.
NICOSIA - The government of Cyprus has announced measures to address price increases that have impacted household budgets, including those for fuel, electricity, and food, as consumers increasingly turn to generic and store brands.
NICOSIA - After being permitted by the government in 2013 to confiscate 47.
NICOSIA - Cyprus’ government has announced measures to deal with price hikes that have cut into household budgets, including for fuel, electricity, and for food as buyers are shifting more toward generic and store brands.
NICOSIA - A meeting between the ministers of energy for Cyprus and Israel - George Papanastasiou and Eli Cohen - led to an agreement that the countries would make an underwater electric cable link a top priority, linking them to Europe.
NICOSIA - An LNG (Liquified Natural Gas) terminal in Vasilikos should be constructed by the end of 2024 as part of the European Union's Projects of Common Interest (PCI) scheme, with €101 million ($109.
NICOSIA - Cyprus in 2023 got 257 million euros ($278.
NICOSIA - Greece's Eurobank has moved to obtain a majority stake in Cyprus' Hellenic Bank as a subsidiary.
LIMASSOL - Facing revenue shortfalls during the invasion of the Gaza Strip, Israel is looking to tax Israelis who moved to Cyprus and aren’t paying, those already living there, and others who’ve moved during the war.
NICOSIA - With Cyprus being the jumping-off point to bring humanitarian aid to Palestinians caught in Israel’s invasion of the Gaza Strip in the hunt for Hamas terrorists, Israel’s Transport Ministry is sending a delegation to the island to look at buying a port complex.
NICOSIA - Sunny Cyprus is taking advantage of that source of power in a groundbreaking project bringing solar energy to schools and educational institutions, installing photovoltaic systems in 405 of them with a combined capacity of 4.
LIMASSOL – Capital Link is hosting the 7th Annual Cyprus Shipping Forum on Tuesday, February 27 at the Columbia Plaza – Limassol, Cyprus.
NICOSIA - The Italian energy group Eni said it has drilled a second gas research well in the Cronos field off Cyprus with a production test estimating it could have a capacity of more than 150 million standard cubic feet per day (MMSCFD.
NICOSIA - Long known as friendly to rich Russians wanting to plant their money in banks on the island, Cyprus is seeing deposits from them falling after going along with European Union sanctions over Russia’s ongoing invasion of Ukraine.
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