Cyprus Finance Minister Kikis Kazamias, speaking in a tourism conference offered many schemes for selling maximum Cyprus Airways shares.    More>>>

The reports say that Turkey will supply electricity to North Cyprus. North Cyprus and Turkey have also signed a treaty in 2010 according to which Turkey will provide the potable water to North Cyprus.    More>>>

Nobel Company informed that from 5 to 8 trillion cubic feet gas has been found last month. This huge amount of natural gas will make Cyprus self sufficient for decades.   More>>>

The four hour work stoppage of air traffic controller in Cyprus affected five thousand passengers and 38 flights to and from Larnaca and Paphos.   More>>>

The office of Cyprus Broadcasting Corporation was emptied after the threat of bomb phone call. The bomb threatening call came twice, once at 12.20 and then immediately at 1 pm.   More>>>

In North Cyprus newspaper Haberdar under the title ‘Here it is!’ had been published the news of oil drilling in North Cyprus. According to the news the Turkish Petroleum Cooperation (TPAO) will be conducting the drilling work.   More>>>

North Cyprus President Dervis Eroglu commented on Christofiase’s statement on natural gas exploration as ‘nonsense’. Christofiase said this when he was asked by media about the right of North Cyprus on exploration in EEZ.   More>>>

The reports are saying tat average earning during the third quarter as been calculated 2,091 of males and 1,686 euros of females. The third quarterly earning by the Statistical Service was compared with the last year’s monthly earning and showed the    More>>>

US based Nobel Energy Company announced the exploration results as ‘significant’. In a press report Nobel Energy says, “the Cyprus A-1 well encountered approximately 310 feet of net natural gas pay in multiple high-quality Miocene sand intervals.''   More>>>

The most awaited drilling results were announced by Demetris Christofiase, the President of Greek Cyprus today through a television channel. He said that Nobel Energy Company 310 feet of natural gas and drilled up to the depth of 19,225 feet in water   More>>>

The most awaited drilling results were announced by Demetris Christofiase, the President of Greek Cyprus today through a television channel. He said that Nobel Energy Company 310 feet of natural gas and drilled up to the depth of 19,225 feet in water   More>>>

Greek Cyprus President Demetris Christofiase said today that exploratory results will be declared very soon and they are expected to be good. The results of Block 12 from EEZ will be declared within this week.   More>>>

Nafiya Guden, the general secretary of EURHODIP for TRNC has announced that the EURHODIP’s annual convention will be held in Kyrenia at Girne American University on March 2012. Nafiya Guden has also emphasized the importance of TRNC being one of the    More>>>

The North Cyprus President Dervis Eroglu stated that the biggest problem in tourism industry is so called embargoes which originate from the non-recognition. Dervis Eroglu was addressing the 21st Regular General Assembly of the Turkish Cypriot Hoteli   More>>>

Turkey will help North Cyprus by giving it the loan of 500 million dollars. A credit agreement was signed between Turkey and North Cyprus on 11th November 2011 in Ankara. This loan will be given according to that agreement.   More>>>

Cyprus Minister of Commerce, Industry and Tourism Praxoula Antoniadou has confirmed that preliminary results of natural gas exploration from Block 12 (EEZ) hopefully will come during Christmas.   More>>>

The Greek Cyprus Minister of Finance Kikis Kazamias said that government will convert state controlled Cyprus Stock Exchange (CSE) into ccompany. That will be the initiative towards privatization.   More>>>

The Israeli business website Globes stated that Nobel Energy is likely to publish its expected results of Block 12, EEZ of exploration soon.   More>>>

Turkey’s company for the of finding natural gas may start in 2012 summer. The research is being conducted in the boarders of Famagusta.   More>>>

The 12 hours strike of civil servants and air controller staff affected 79 flights altogether.   More>>>

Cyprus Air Traffic controllers declared 12 hours strike at the control towers of Larnaca and Paphos Airports, from 0900 to 2100 local time, on December 15.   More>>>

The financial instability made euro fall below $1.30 for the first time since 12 January. Against the pound, one euro bought 83.85 pence, while the pound was worth 1.19 euros.   More>>>

Greek Cyprus has permitted Nobel Energy to transfer 30 percent to Israel's Delek Group.   More>>>

Turkey will begin the exploration work in the region of Farmagusta. The natural gas and oil exploration start after discovery from seismic studies conducted on land and sea.   More>>>

Greek Government spokesperson Stephanos Stephanou said that during period of 2011-2014 the total amount of 923 million euros will be earned from increasing revenue and reducing expenditure.   More>>>