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Jul 8, 2019
Airbnb Global Bookings reach $ 100 billion in 2018
Airbnb, the online accommodation platform, announced that the total value of reservations in 2018 reached $ 100 billion in 30 countries....


Jun 20, 2019
Nuvei buys Cyprus fintech firm SafeCharge
The Canadian payments services provider Nuvei has announced its merger with Cyprus-based SafeCharge International Group Ltd. The total...


Jun 14, 2019
Chinese investors to build three towers at former LOEL factory in Limassol
Chinese investors are planning to construct three 35-storey residential towers in the Karnagio area in Limassol. The mixed-use...


Jun 14, 2019
Limassol Casino awards development contract to J&P Avax – Terna for $600 million resort investment
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 –...


Jun 10, 2019
Rise in Cyprus property sales ahead of changes in Investor Citizenship Programme
New, stricter, passport criteria have been in effect for Cyprus’ Citizenship by Investment scheme since 15 May 2019. As a result, the...


Jun 6, 2019
Cypriot government makes agreement with Noble over ‘Aphrodite’ gas
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...


May 31, 2019
ExxonMobil finds Cyprus’ largest gas discovery to date
ExxonMobil has found natural gas at the Glaucus 1-well in plot 10 of Cyprus’ Exclusive Economic Zone. Authorities have said that this is...


May 30, 2019
Invel Cypriot founder indirectly acquires Holiday Inn in Cyprus
Following Invel’s majority acquisition of Ethniki Pangaia, Invel’s Cypriot CEO Christoforos Papachristoforou, has acquired Nicosia’s...


May 30, 2019
Cyprus-Egypt electricity framework agreement signed
EuroAfrica Interconnector and the Egyptian Transmission company signed an electricity framework agreement yesterday in Cairo, Egypt. The...
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