A total of 551,229 tourists visited Cyprus in July 2024, marking a rise of 5.3 per cent from the 523,718 visitors recorded in the same month last year, according to a report released on Monday by the Cyprus Statistical Service (Cystat). Over the period from January to July 2024, Cyprus welcomed 2,203,704 tourists, showing an upswing of 3.1 per cent when […]
Cypriots used payment cards to spend an amount exceeding €4 billion euros on goods and services in just 10 categories, according to a Central Bank of Cyprus report on the second half of 2023. According to the same report, cards were the most popular medium for transactions, being used significantly more than other means of […]
Cambodia launched a payment system on Monday to enable tourists to pay at 3.3 million retail shops across Cambodia. Speaking at the launching ceremony in the northwestern province of Siem Reap, Chea Serey, Governor of the National Bank of Cambodia, said the app will facilitate international tourists’ payments, contributing to boosting the tourism sector. The […]
A total of 6.6 million passengers traveled through Cyprus’ airports from January to July this year while according to Hermes Airports, passenger traffic in August is expected to surpass 1.5 million people. According to information reported by the Cyprus News Agency (CNA), sourced from Hermes Airports, in June 2023, a total of 1.3 million passengers […]
The Frederick Research Center, in collaboration with the Cyprus Energy Regulatory Authority (CERA) and Electi Consulting Ltd, is developing an online platform for managing green energy usage at ports. According to a statement released by Frederick University on Monday, this initiative is part of the funded ‘Peer-to-Peer Green Energy Sharing Platform for Cold Ironing’ national […]
The Bank of Cyprus on Monday announced that it will hold an extraordinary general meeting (EGM) on September 13 to approve its listing on the Athens Stock Exchange (ASE) and to confirm its intention to delist from the London Stock Exchange (LSE). This was first revealed on August 8, when the bank released its financial results for […]
Cooperative banks are set to make a comeback, with regional meetings to inform the public scheduled for October, during which people will be able to sign up. Learning from the disastrous past, which saw the collapse of the co-op banking movement with €7.5 billion in non-performing loans in 2018, the new cooperative will not make […]
A total of 6.6 million passengers travelled through Cyprus’ airports between January and July this year, according to airport operator Hermes Airports. In addition, the company said that it expects the figures for August to exceed 1.5 million passengers, similar to the levels recorded in 2023. According to the Hermes Airport’s latest report, in June […]
Cyprus, an enchanting island located in the heart of the Mediterranean, is a land of fascinating contrasts and rich history. Known as the ‘Island of Aphrodite’, it offers sun-kissed beaches, ancient ruins, and vibrant culture, Cyprus offers a unique blend of natural beauty and modern sophistication. From the pristine beaches of Ayia Napa and Protaras […]
Cambodia has become the world’s second-largest producer of raw cashew nuts, with a total production of 830,000 tonnes in the last seven months of 2024, according to the report of the Cashew Nut Association of Cambodia (CAC). CAC said, there has been a significant increase in cashew exports to Vietnam, amounting to over 780,000 tonnes […]
The Cyprus Olympic team performed flawlessly on all levels, beyond just their competitive presence at the Paris Games, head of the mission and Vice President of the Cyprus Olympic Committee Yiotis Ioannides said on Sunday. In terms of competition, the highlight was Pavlos Kontides winning the silver medal, he said, adding that “in most other […]
Here are the top business stories in Cyprus from the week starting August 12: A recent study by Freedom24 has shed light on the investment preferences of Cypriots, revealing a strong inclination towards real estate and stocks, with a notable portion of the population refraining from using any investment instruments at all. The survey, which […]
The assets of investment organisations in Cyprus increased by 0.9 per cent during the second quarter of 2024, according to a report released on Friday by the Central Bank of Cyprus (CBC). The central bank’s report showed that the total assets of investment organisations reached €6.85 billion by June 2024, up from €6.79 billion in […]
Valuable offerings were stolen from the Apostolos Andreas church at the central Platy area of Aglantzia, with the Nicosia CID making two arrests this morning, 24 hours after the report was filed. The offerings, mostly golden and silver jewellery placed on the icon of the Virgin Mary, were reported stolen yesterday with police establishing burglary […]
Global space players have chosen Cyprus as the base for the first international space innovation centre, which will build bridges of cooperation in humanity’s effort to return to the moon. The first of its kind International Space Innovation Centre, which is poised to become a hub for groundbreaking research, technological development and international collaboration in space […]
THE Honorary Consulate of Cyprus in Phnom Penh, Cambodia, is delighted to invite Malaysians to discover Cyprus, an island nation nestled in the Mediterranean Sea. Cyprus offers a captivating blend of history, natural beauty, and a thriving economy. Honorary Consul Salah Essa expressed the consulate’s enthusiasm for fostering closer ties and welcoming Malaysians to explore […]