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News

Casino in Cyprus

19.05.2015

The Cyprian mass media assume that on Thursday the law allowing licensing and opening of a casino in the territory of the Republic of Cyprus will be adopted. Final comments of deputies, including regarding counteraction to money laundering, will be considered on Tuesday at a meeting of committee of parliament on finance.

Cypriot team wins global NASA prize for ‘spiderbee’ drone

18.05.2015

A Cypriot project called ‘Arachnobeea’ has won the NASA International Space Apps Challenge. NASA announced the winners of the International Space Apps Challenge and ‘Arachnobeea, the runner-up team of the Space Apps Challenge Limassol 2015, was the global winner in the ‘Best Mission Concept’ category.

The Cypriot economy has grown for the first time in nearly four years

16.05.2015

According to Cyprus Mail, recent statistics has shown that the island’s economy has grown by 1.6 percent in the first quarter, which is a significant change ever since Cyprus was forced to accept a financial bailout.

Fuel tanks will be removed from Larnaca

12.05.2015

Movement of strategic reserves of oil and gas of the Cosmos company and other private companies has to come to the end in July, 2015 from Larnaca to the power center of Vasiliko.

A new pedestrian footbridge located on Limassol’s seafront has been inaugurated

08.05.2015

A new pedestrian footbridge located on Limassol’s seafront has been inaugurated, according to local media reports.

Efforts to bring down petrol prices.

07.05.2015

More measures to help consumers gain cheaper access to petrol are anticipated over the coming days.

Auctioneers wanted

04.05.2015

Auctioneers for mortgaged property auctions will be assigned randomly via an electronic selection system at the interior ministry, according to the auctioning regulations tabled by the government in a joint House finance and interior committee session on Monday.

Реформы Кипра

27.04.2015

The government does not plan to raise taxes or cut pensions and wages, President Nicos Anastasiades assured civil servants on Monday, noting however, that government spending, including payroll, could only increase at a reasonable pace.

Cyprus has been listed among best holiday destinations for travel in May

25.04.2015

According to ranking compiled by the online booking service Oktogo, Cyprus beach resorts are considered to be one of the most popular international destinations for holidays in May.

New airline seeks to use Cyprus as a base

23.04.2015

A new airline – Cobalt Air – has applied to set up operations from Cyprus, intending to use the island as a base for operating “a strong European airline”.

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