On Friday, 13 March, Cypriot President Nicos Anastasiades announced that the country’s borders will be shut down for 15 days to help fight the spread of coro...

On Friday, 20 September, the Louis Hotels Group of Cyprus announced the sale of five Greek hotels to the Blackstone Group. The total value of this sale is re...

Airbnb, the online accommodation platform, announced that the total value of reservations in 2018 reached $ 100 billion in 30 countries. Greece reached $ 1.4...

The Canadian payments services provider Nuvei has announced its merger with Cyprus-based SafeCharge International Group Ltd. The total deal value is $889 mil...

Chinese investors are planning to construct three 35-storey residential towers in the Karnagio area in Limassol. The mixed-use development will be situated o...

On April 2nd, the City of Dreams Casino Resort announced the award of the construction contract for the Limassol Casino to the J&P Avax – Terna consortium. T...

New, stricter, passport criteria have been in effect for Cyprus’ Citizenship by Investment scheme since 15 May 2019. As a result, the Cyprus Land Registry ha...

The Cypriot government is expected to make a net revenue of €7.9 billion from its agreement with Noble Energy and its partners for the Aphrodite gas reservoi...

ExxonMobil has found natural gas at the Glaucus 1-well in plot 10 of Cyprus’ Exclusive Economic Zone. Authorities have said that this is the biggest off Cypr...

Following Invel’s majority acquisition of Ethniki Pangaia, Invel’s Cypriot CEO Christoforos Papachristoforou, has acquired Nicosia’s Holiday Inn Hotel. Invel...

EuroAfrica Interconnector and the Egyptian Transmission company signed an electricity framework agreement yesterday in Cairo, Egypt. The agreement entails th...