ExxonMobil’s discovery of a natural gas reservoir at the Glaucos well in plot 10 of Cyprus’ EEZ has an estimated value of between $30b and $40b and could generate enough electricity to cover Cyprus’ needs for the next 200 years, Phileleftheros reported on
Greek investors are very keen to invest in the Cyprus economy and are eyeing opportunities in excess of half a billion euros.
Informed sources told INSIDER that two big Athens-based construction companies – have joined forces and are close to signing t
A sufficiently large and commercially viable oil reservoir has been discovered in Cyprus’s Block 10 Glaucus target, according to Kathimerini sources.
Official results from Exxonmobil are not expected until the end of next week. The information comes
Properties for sale in Famagusta. Browse listings of houses, apartments, land, commercial property and other real estate for sale in Famagusta, Northern Cyprus.
Venetian walls encircle the old city having a circumference of 4,5 km and possesses eleven heart-shaped bastions. There are only three gates in the North, South and East. Famagusta gate is one of them. The gate was built in 1567 by Venetians, as a part of the new city walls and was originally called the Porta Giuliani after its designer Giulio Savorgnano who designed the Venetian walls. It was restored by the Ottomans in 1821 and a lookout was added to the gate for a probable Greek revolt. During the early Ottoman period, only Ottomans were allowed to pass through the gate on horseback, while Christians and foreigners were obliged to walk.
North Cyprus is a delightful, sun-warmed isle that lends itself to total relaxation. It is also an ancient treasure trove of history and ruins. Beautiful beaches and blue water offer a variety of water sports during the day, and nightlife thrives in the coastal cities after the sun sets. The busiest tourist season in North Cyprus is August through October. Looking at what the northern part of Cyprus has to offer may help formulate a wonderful kind of holiday that suits your time frame and scale of fun.