The Polish airline LOT has announced the resumption of its flights to Larnaca Airport, with four per week during the winter season. According to a press release from the deputy Ministry of Tourism, LOT intends to increase the frequency to six flights a week during the summer season in 2025. In addition to LOT, flights […]
At the initiative of the President of the Republic, a special meeting was held to inform the Council of Ministers about the implementation of the national strategy for Troodos and the development of mountain communities, Commissioner for the Development of Mountain Communities, Charalambos Christofinas has announced, noting that specific decisions were also taken. As he […]
€1.2 million in support for the development and energy sustainability of the port of Limassol, and €10.5 million towards the construction of the Nicosia perimeter motorway, are included in the €7 billion set aside for 134 transport projects all over the European Union within the framework of the Connecting Europe Facility – CEF. Europe-wide, 80% […]
Representatives of Cyprus’ Research and Innovation Foundation (RFI) and of the Japan Science and Technology Organisation (JST) recently met in Nicosia, to establish collaborations in cutting-edge fields such as artificial intelligence, robotics, energy, space research, and biotechnology. The RFI was represented at the meeting by its Chief Scientist, Demetris Skourides and Director General Theodoros Loukaides, while JST was represented by […]
Projects worth €141 million are set to transform the Polis Chrysochous area in the coming years, said the mayor Yiotis Papachristofis. Among these developments is the €60m expansion of the harbour at Latchi, described as “one of the most important tourist hubs of the municipality”. In an interview with CNA, Papachristofis spoke about several key projects, including […]
Tourist arrivals in Cyprus displayed a slight yet steady increase in June 2024, recording a 5.5 per cent rise to 482,261 compared to 456,985 in the previous year, according to the Cyprus Statistical Service (Cystat). This upward trend is also reflected in the first half of the year, with arrivals from January to June 2024 […]
Deputy Minister of Tourism Kostas Koumis is satisfied that the latest figures on tourist arrives indicate they would be at the same levels as 2023, a good year for the industry. After Wednesday’s cabinet meeting he said: “Our goal was to remain close to the same performance as last year in terms of tourist arrivals […]
SARA DOUEDARI meets the two artists behind an exhibition this week that reflects on division and reconciliation The air in Nicosia is thick with history and memory, the scars of past conflict visible in the divided cityscape. The city, the last divided capital in Europe, is the poignant setting for the installation Cyprus Memory, a […]
The Bank of Cyprus on Monday announced a revision to its privacy statement in alignment with the European Union’s general data protection regulation (GDPR) and relevant national legislation. The updated statement aims to enhance the protection and respect for the personal data of individuals, effective from May 25 under GDPR. The privacy statement pertains specifically […]
Island Oil Holdings, a diverse conglomerate specialising in the supply and trading of marine fuels, has released its inaugural environmental, social, and governance (ESG) report, encompassing the fiscal years 2022 and 2023. According to the announcement, the company’s comprehensive report was prepared according to the Global Reporting Initiative (GRI) Standards 2021, as well as the […]
Invest Cyprus, represented by CEO Marios Tannousis, participated in the ‘Cyprus as a Destination of Opportunities for Indian Businesses’ webinar, organised by the Confederation of Indian Industry (CII). The event received strong support from H.E. the High Commissioner of India in Cyprus and H.E. the High Commissioner of Cyprus in India. During the webinar, Invest Cyprus […]
PHNOM PENH: A total of 338,654 tonnes of milled rice have been exported in the first six months of 2024, a year-on-year increase of 2.7 percent, earning a total revenue of US$247 million, up 7.8 percent from the same period last year, the Cambodia Rice Federation (CRF) said in a news release on Tuesday. The Cambodian milled […]
Low-cost airline Wizz Air celebrated a significant milestone this week, marking the transportation of 8 million passengers to and from Larnaca Airport since the company commenced operations in Cyprus. “This achievement underscores Wizz Air’s steadfast commitment to providing affordable and high-quality travel experiences,” the company stated in a press release. Wizz Air also highlighted that, […]
Cypriot lender AstroBank announced on Thursday the opening of its new branch in Dali, Nicosia, marking the 15th location in its expanding network. In its announcement, the bank noted that the branch is situated centrally at 1 Archbishop Makarios III Avenue, “ensuring easy access for the public”. “AstroBank’s aim is to effectively meet the contemporary […]
The Cyprus Investment Funds Association (CIFA) on Friday expressed satisfaction with the increase in Assets Under Management (AUM) of Cypriot investment funds. According to the latest data released this week by the Cyprus Securities and Exchange Commission (CySEC), Cyprus’ total AUM reached €9.1 billion at the end of the first quarter of 2024. This represents a […]
Greek airline Aegean on Friday announced that it carried 4.4 million passengers during the second quarter of 2024, recording an 8 per cent increase in passenger traffic. Furthermore, it reached a total of 7.3 million passengers during the first half of the year, which marks a 9 per cent increase compared to last year. In […]