President: Tourism remains the cornerstone of the Cypriot economy

President: Tourism remains the cornerstone of the Cypriot economy

The Cypriot Presidency of the Council of the EU will build upon the European Tourism Agenda 2030 and explore prospects for new horizons in this sector, President Nikos Christodoulides told the 91st HOTREC General Assembly (Hotels, Restaurants, and Cafés of Europe), which is being hosted by the Cyprus Hotels Association (CHA) from 15 to 17 October 2025 […]

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Cyprus real estate market sees €201.4 million in high-end deals

Cyprus real estate market sees €201.4 million in high-end deals

The top 100 most valuable real estate transactions in Cyprus during July and August 2025 totalled €201.4 million, according to data released by property technology firm Ask Wire, which monitors real estate transactions, listing prices and construction activity across the island.  The analysis, which includes the top 10 transactions per district, reaffirms the steady interest in high-value deals […]

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Invest Cyprus welcomes US-based TKI following merger with Hybrid ConsulTech

Invest Cyprus welcomes US-based TKI following merger with Hybrid ConsulTech

Invest Cyprus on Thursday welcomed US-based technology company TKI to Cyprus following the merger between Hybrid ConsulTech, now renamed TKI EMEA, and TKI, a leading provider of enterprise-grade artificial intelligence solutions. Marios Tannousis, CEO of Invest Cyprus, said the development marks “a significant milestone in Cyprus’s growing AI landscape,” as it strengthens US–Cyprus business ties and reinforces the island’s position as a regional hub for […]

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Cyprus to lead on European tourism strategy, says president

Cyprus to lead on European tourism strategy, says president

Christodoulides says tourism remains cornerstone of Cyprus’ economy President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development strategy, and upcoming European priorities under Cyprus’ EU presidency in 2026. HOTREC is the umbrella association representing Europe’s hospitality industry to EU institutions, advocating […]

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Cambodia earns over $549M from rubber exports

Cambodia earns over $549M from rubber exports

Cambodia earned over $549 million from rubber and rubberwood exports in the first nine months of 2025, marking a more than 38 percent increase compared to the same period last year, according to a report by the General Department of Rubber. The report released yesterday stated that in the first nine months of 2025, Cambodia […]

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Cambodia’s exports to US shoot to over $9 billion

Cambodia’s exports to US shoot to over $9 billion

Cambodia exported more than $9 billion worth of goods to the United States in the first nine months of 2025, reaffirming Washington’s position as the Kingdom’s largest export market, according to the latest data from the General Department of Customs and Excise (GDCE). Bilateral trade between the two countries totalled $9.56 billion during the January-September […]

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Wizz Air partners with Telethon Cyprus for London charity trip

Wizz Air partners with Telethon Cyprus for London charity trip

Proceeds will support Cyprus Institute of Neurology & Genetics Low-cost carrier Wizz Air on Monday announced that it has partnered with Telethon Cyprus as the official airline for the charity trip “On the Wings of Hope”, which will take participants to London this year. The four-day trip is scheduled from November 28 to December 1, 2025, combining […]

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Paphos to welcome Europe’s top hospitality leaders

Paphos to welcome Europe’s top hospitality leaders

Cyprus will host one of the most significant events in the European tourism and hospitality industry this year, as the 91st General Assembly of HOTREC is set to take place in Paphos from October 16 to October 17, 2025. According to an official announcement, this high-profile event represents a landmark gathering for members and official representatives of HOTREC, the […]

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