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
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Nicosia City also known as Lefkosa is another excellent place to visit during your stay in North Cyprus. This city is undergoing some dramatic changes and a visit is something that you really must do.
This historic walled city is a wonderful place to shop and eat and no holiday to North Cyprus would be complete without a visit. Be sure to bring your rental car if you plan on shopping though as you may find it very hard to get home with all those bags otherwise. The major commercial centre of this city is located outside the walls but once you wander into the old city you will find bazaars and markets where you will find everything you could need. There is food, clothes, and numerous souvenirs for you to choose from.
Restaurants here have everything you could possibly eat from traditional meze to local beers and wines. Nicosia also has traditional bath houses where you can relax and take a break after your day of shopping.
There are not that many hotels in North Nicosia at present but this will probably change as time goes on. Most holiday makers that arrive in North Cyprus choose to stay in Kyrenia or Famagusta but a day or night trip here is definitely one that will be memorable. At night time the city comes alive and if you have a rental car you really must be sure to see this. Bus services don’t run at night time in North Cyprus so a rental car or taxi is the only way to see this fantastic city come to life at night.