Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately 2,500 euros, Minister of Labor and Social Insurance Yiannis Panayiotou announced on Wednesday, citing recent Eurostat data. The median salary has also climbed nearly 11.5% to about €1,900, while the number of workers earning below €1,000 has dropped by 30%. […]
Central Bank of Cyprus (CBC) on Monday launched a new programme aimed at enhancing financial literacy among adults, with a strong focus on developing a network of trained educators across the country. The first two-day training session for trainers began at the CBC headquarters, forming part of a broader initiative to strengthen financial education through targeted […]
As of 2024, investment in Cambodia’s automotive sector reached approximately $746 million, while exports exceeded $1.1 billion, the majority of which came from tyre manufacturing. Sun Chanthol, first vice-president of the Council for the Development of Cambodia (CDC), highlighted this remarkable progress during a June 17 meeting of the Executive Committee overseeing the implementation of […]
Synopsis: The forum in September will feature 50 booths showcasing digital products and services, e-commerce platforms, marketplaces, banks, and online businesses. The Ministry of Commerce (MoC) will organise the 2nd Cambodia Digital Trade Forum and Online Expo on September 12-13, at Koh Pich Convention and Exhibition Centre, aiming to promote and boost the export of […]
Symeon Winery seals the rising importance of Larnaca’s mountains Your next great bottle of wine might come from the under-the-radar region in Cyprus of mountainous Larnaca, or more specifically the Symeon winery. Larnaca’s mountainous region marries the old viticultural history of the island with the new, modern face of the winemaking industry. A wineries route […]
Cyprus is a place we think we all know. A majestic and mystical Mediterranean island blessed with the most beautiful sandy beaches and rolling hills. It has a reputation for being a safe and sunny destination that caters for all kinds of visitors. Mature couples enjoy calm winters away from the cold of Britain and chaotic […]
Drone Destination, a leading Indian drone technology company, will establish a European subsidiary in Cyprus, focusing on drone development, services, training, and sports. This initiative, announced during PM Modi’s visit, aims to create a comprehensive drone ecosystem across Europe. Cyprus is seen as a strategic gateway for Indian drone companies into Europe, the Middle East, […]
Tourists from the UK and Belgium have taken to social media to share their horror after their relaxing evenings by the pool were tarnished by the terrifying sight above them Holidaymakers have shared dramatic footage from their hotel balconies in Cyprus (stock)(Image: Ascent/PKS Media Inc. via Getty Images) Holidaymakers in Cyprus have experienced a chilling sight as their […]
Fintech giant acquires 200,000 sqm in landmark real estate deal with possible future plans The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus. The deal involves approximately 200,000 square meters of land, previously owned by the bank’s Real […]
Despite cancellations by Israelis who had arranged holidays in Cyprus during recent days, Larnaca hotels are now overbooked due to the arrival of significant numbers of foreign nationals seeking flights to return home. Information from competent sources indicates that since yesterday, occupancy rates at all hotel units in the city and tourist area have exceeded 95%. The remaining […]
The Limassol regional tourism board (Etal) this week inaugurated a new viewing in Pissouri, according to an official announcement. The board explained that the new viewing point, located in the Melanda area of the coastal village, has been designed to “offer a unique visual experience”, allowing visitors to “enjoy the vast blue of Pissouri bay and the enchanting natural […]
The Indian Prime Minister’s visit to Cyprus reaffirms India’s strategic vision for deepened engagement with Cyprus, the Mediterranean, and the European Union, and sets the stage for tangible advances in security, economic, technological, and diplomatic cooperation, the Indian High Commissioner to Cyprus, Shri Manish has said. Speaking to CNA, he noted that, in the near future, […]
Viraj Kulkarni, the Honorary Consul of Cyprus in Mumbai, is confident that India’s Prime Minister Narendra Modi’s visit to Cyprus will further boost the already thriving relations between the two countries and reveals a growing number of Indian companies have shown an interest in establishing a presence in Cyprus. In an exclusive interview with CBN, […]
Cyprus has further reinforced its system for preventing money laundering and combating terrorist financing, according to the follow-up report published on Wednesday by MONEYVAL, the Council of Europe’s Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism. The report concluded that Cyprus has made progress to address technical compliance deficiencies related to […]
The Investopia Global Mediterranean Forum, which took place in Limassol recently, was a platform for promoting Cyprus as a tourist destination and promoting our country in large markets such as the United Arab Emirates (UAE), both to attract tourists and as an ideal choice for investments in the tourism sector of the island. As part of the Forum, Deputy […]
Tourist arrivals recorded an annual increase of 13.7% in May 2025 as, according to CySTAT, the number of tourist arrivals reached 479,160 in May 2025 compared to 421,400 in May 2024. For the period of January – May 2025, arrivals of tourists totaled 1,344,486 compared to 1,170,214 in the corresponding period of 2024, recording an […]