Cyprus

Nicosia approves sale of Cyprus Airways

8 Feb 2012

Cyprus’s government has given green light for Cyprus Airways Ltd to increase its capital and authorized negotiations for the sale of an unspecified stake of the state-run carrier to investors.

Israel seeks Cyprus base to guard gas zone

8 Feb 2012

TEL AVIV, Israel, Feb. 8 (UPI) -- Israel is reported to be seeking to deploy fighter aircraft in Cyprus, its partner in developing a natural gas bonanza under the eastern Mediterranean, to protect these vital energy resources.

Nicosia authorizes sale of Cyprus Airways

8 Feb 2012

Cyprus’s government has given green light for Cyprus Airways Ltd to increase its capital and authorized negotiations for the sale of an unspecified stake of the state-run carrier to investors.