This Cypriot City Named Top European Destination for Seniors

This Cypriot City Named Top European Destination for Seniors

As Europe’s population ages, tourism trends are shifting — and older travellers are now shaping the off-season travel scene. TUI Musement, the experiences division of travel giant TUI, has analyzed thousands of reviews to identify the most-loved European destinations among senior tourists, aged 65 and over. Topping the list is Larnaca, Cyprus.Unmute Remaining Time -0:00Fullscreen Follow FastForward on Google News […]

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2,300-Year-Old Shipwreck Discovered in Cyprus, Bursting with Untouched Treasures

2,300-Year-Old Shipwreck Discovered in Cyprus, Bursting with Untouched Treasures

In 1965, a diving instructor, Andreas Cariolu, discovered a shipwreck off the coast of Cyprus that would later become one of the most significant archaeological finds in history. This discovery, now known as the Kyrenia Shipwreck, has fascinated archaeologists for decades. Recently, a team of scientists has used advanced dating techniques to pinpoint the exact age of the ship, […]

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Cyprus could attract data centre investments, says energy expert

Cyprus could attract data centre investments, says energy expert

Technology Cyprus has the potential to become a key location for data centres, according to Andreas Poullikkas, an expert in energy systems and former chairman of the Cyprus Energy Regulatory Authority (CERA). However, he stressed that careful planning is required to address the high energy demands of such facilities. In his analysis, Poullikkas explained that data centres play […]

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A touch of Japan in Cyprus

A touch of Japan in Cyprus

It is cherry blossom season and though we may not be in Japan, the beauty of Japanese cherry trees in spring comes to Cyprus for the second time. The Sakura Cherry Blossom festival in Kampos tis Tsakistras returns this weekend, taking place at the village’s Sakura Park Kampos Community Council, together with the Japanese embassy […]

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Cyprus sees strong rebound in luxury property sales

Cyprus sees strong rebound in luxury property sales

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 […]

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Investment funds in Cyprus exceed €9 billion in assets, says CIFA

Investment funds in Cyprus exceed €9 billion in assets, says CIFA

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, […]

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MHV’s luxury resorts, high-end projects mark new era for Cyprus, Mediterranean

MHV’s luxury resorts, high-end projects mark new era for Cyprus, Mediterranean

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 […]

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Over 3,000 residential properties sold in Limassol during 2024

Over 3,000 residential properties sold in Limassol during 2024

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 […]

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Cyprus’ Akamas villages expect tourism surge

Cyprus’ Akamas villages expect tourism surge

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 […]

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General Government surplus of €654.2m in first two months of 2025

General Government surplus of €654.2m in first two months of 2025

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 […]

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