High-end property sales hit €64.8 million in February Cyprus’ high-end property market experienced a significant recovery in February 2025, with the 50 largest transactions across the island totalling €64.8 million, according to a report released on Monday by real estate analytics firm Ask Wire. The ten most expensive property transactions alone reached €36.75 million, with Limassol dominating the list by accounting […]
Cyprus fund sector eyes Germany and Middle East for growth The Cyprus Investment Funds Association (CIFA) held its Annual General Meeting (AGM) on Thursday, presenting a comprehensive review of the sector’s achievements and outlining strategic priorities for continued growth and competitiveness. In her address, CIFA president Maria Panayiotou attributed the current momentum in the investment funds sector to “vision, […]
With a high level of expertise in the demanding luxury hospitality and real-estate industry, MHV – Mediterranean Hospitality Venture – is evolving into one of Cyprus’ and the East Mediterranean’s leading groups, showcasing fast, yet steady, growth. The MHV portfolio includes some of the most notable luxury hotels and resorts in Cyprus and Greece, while also delivering high-end […]
By Martin ClarkSome people think of mosaic making as a craft but really good mosaicists can introduce perspective, depth of field, movement and ‘life’ into mosaic. Of course, in Cyprus, that’s been happening since the Mycenaean Greeks settled on the island 4,000 years ago and was at its height in the Roman and then Byzantine […]
Cambodia’s international trade in the first quarter of 2025 continued to show positive signs, reaching over $14 billion, up more than 15% over the same period in 2024. Of this, exports amounted to almost half, according to the General Department of Customs and Excise (GDCE). From January to March, the Kingdom’s total trade volume reached […]
President Nikos Christodoulides has wrapped up a whirlwind trip across the United States, pitching Cyprus as a solid bet for international investors and laying the groundwork for some big-name partnerships, particularly in finance, energy, and tech. The message was clear: Cyprus isn’t just a sunny destination, it’s a smart place to invest. The visit, which […]
The Royal Government of Cambodia (RGC) Wednesday approved incentives for 18 investment projects in Sihanoukville province, bringing the total to 74 projects with a combined capital of $848 million in the first quarter of this year. The additional 18 projects were approved during the 15th meeting of the ‘Preah Sihanouk Province Investment Promotion Working Group’ […]
Cambodia earned over $116 million from rubber product exports in the first quarter of 2025, up 15 percent compared to the same period last year, according to a report from the General Directorate of Rubber of the Ministry of Agriculture, Forestry, and Fisheries (MAFF) released yesterday. The report stated that as of March 2025, revenue […]
Limassol recorded €1.38 billion in residential property transactions in 2024, with a total of 3,164 sales across all price categories. The figures reflect activity across high-value, mid-range and lower-priced properties, according to land registry data, analysed by Ask Wire, a Cypriot real estate data analytics firm. High-value sales continued to play a significant role. Although […]
Cyprus is expected to see record tourism in Akamas this summer, thanks to a government plan aimed at tying together various development and beautification projects across the peninsula’s villages. The initiative, announced by president Nikos Christodoulides in early 2024 and put into motion last summer, is already showing early results, with organised tour groups starting […]
Cruise revival will bring jobs, growth and visibility to Cyprus, says DP World Limassol Cyprus’ cruise industry is on the path to recovery after years of disruption, according to DP World Limassol CEO Simon Pitout. Pitout on Thursday said the sector is set to see a strong rebound in 2025 thanks to increased ship calls, new investments […]
Cambodia’s tallest bridge, part of the nearly completed National Road No. 10 project, is poised to deliver significant economic and logistical benefits to the country, according to Deputy Prime Minister Sun Chanthol, First Vice-Chairman of the Council for the Development of Cambodia. The $25 million bridge—known as Bridge 28—is located in Chhay Louk village, O’Som […]
Cham Nimul, Minister of Commerce, held talks with Tull Traisorat, Thailand’s Ambassador to Cambodia, on Wednesday over boosting trade and economic ties between the two nations. They also discussed boosting Thai investments in the Kingdom alongside further enhancing cooperation encompassing various spheres of economic activities between both countries. Marking the official beginning of his diplomatic […]
Strong ties between the Cambodia-China Free Trade Agreement (CCFTA), and the Regional Comprehensive Economic Partnership (RCEP) have boosted Cambodia’s trade and investment, said a senior official. The two countries have seen a steady rise in bilateral trade volume since the Cambodia-China Free Trade Agreement and the Regional Comprehensive Economic Partnership (RCEP) entered into force simultaneously […]
The Council for the Development of Cambodia (CDC) approved 172 fixed-asset investment projects between January and March of this year, up 16 percent from 106 projects in the same period last year, a report showed on Wednesday. The approved projects registered a total investment capital of $2.5 billion, a year-on-year increase of 14 percent, stated […]
Α General Government surplus of €654.2m (1.9% of GDP) for the period of January-February 2025, is indicated according to the preliminary fiscal results, prepared by CySTAT. In comparison, in the same period of 2024 a surplus of €531.7m (1.6% of GDP) was recorded during the period of January-February 2024. Revenue During the period of January-February 2025, total revenue increased […]