Property News
The official opening of Minthis Hills
September 17 the official opening Minthis Hills, the project company Pafilia Property Developers
EBRD is about to invest € 800 million in the economy of Cyprus
European Bank for Reconstruction and Development (EBRD) has declared its will to invest about € 800 million in the economy of Cyprus, mainly in the sectors of energy and tourism, as well as the privatization of parastatals and some other large projects that are valued at € 10 million each.
Drop in fuel prices
Star Oil manager Giorgos Petrou said recently that mostly all fuel companies of Cyprus will be lowering fuel prices due to the global drop in oil prices.
The number of foreigners in the new Board of Directors of Bank of Cyprus will prevail
Today, the board of directors of Bank of Cyprus includes 13 people, including five representatives of the Russian Federation.
It's Time to Buy!
The sales director of BuySell Cyprus, Chris Hajikyriacou, has recently pointed out that - “Now is the time to buy, otherwise you’re going to miss the boat”. His forecast about the market’s prospects seems to be very optimistic and most importantly encouraging for the potential investors. He told the Mail that demand...
The hottest spot in Cyprus
Although, we have already posted about the Limassol Marina project, we simply can't get enough of it. It has been a month since the official opening, thus it is just about time to make a feedback!
The number of tourists in Cyprus has increased
According to the Statistical Service, tourist arrivals in Cyprus have grown by 11% in June, reaching a number of 342,221 tourists, compared to 308,219 in the corresponding month last year.
AEL vs Zenit
A spectacular event awaits all football fans - Russian Zenit football club is having a match with Cypriot AEL team.
Clash of Titans
Tomorrow, on 26th of July 2014 an incredible battle of titans will take place in Cyprus in Water World Water Park that is located in Ayia Napa. An event of this level will be happening in Cyprus for the first time and already is called almost the largest international martial arts show in Eastern Mediterranean.
Cyprus Airways officially up for sale
The Government of the Republic of Cyprus is the major shareholder in the carrier, holding a 93.67% stake, with the remainder in the hands of private investors.
The development of natural gas sources in Cyprus
On Wednesday, 30 of July in the capital of Cyprus, Nicosia, Cyprus Government and representatives of the Italian and South Korean companies ENI-KOGAS signed a preliminary agreement to form a joint venture for the exploration and the development of sources of natural gas in Cyprus.