Kanika Hotels & Resorts, one of Cyprus’ leading hotel groups, now celebrates the addition of the highly-anticipated luxurious 5-star Amavi hotel. Carving out novel territory as the first custom designed couples-only hotel on the sun-kissed island, the idyllic Amavi stands proud as the flagship of Kanika’s Made for TwoTM brand. As such, it heralds a … Continue reading AMAVI: CYPRUS’ FIRST COUPLES-ONLY HOTEL OPENS ITS DOORS
Fitch Ratings has upgraded Hellenic Bank (HB) Long-Term Issuer Default Rating (IDR) to B+ from `B` and Viability Rating (VR) to b+ from b. The Outlook on the Long-Term IDR is Stable. Moreover, it has affirmed Bank of Cyprus (BoC) Long-Term Issuer Default Rating (IDR) at B- and Viability Rating (VR) at `B-`. The Outlook … Continue reading FITCH UPGRADES HELLENIC BANK AFTER CO-OP DEAL
In the recent years Cyprus has become by far one of the most attractive destinations for property investment in the Mediterranean region. Although the real estate industry in Cyprus was negatively affected by the global financial crisis and the domestic banking crisis between the years 2008 and 2015, it has successfully spiraled out of the … Continue reading CYPRUS REAL ESTATE: STILL AN ATTRACTIVE INVESTMENT?
