Limassol led Cyprus’ high-value real estate market in October, driving €34.6 million in top property sales, according to real estate analytics firm Ask Wire. The district recorded four of the ten most expensive transactions, including the highest-value sale of the month—a €9.9 million mixed-use building in the Panagia Evangelistria area of Kato Polemidia. Ask Wire’s analysis shows that […]
Bernhard Schulte Shipmanagement (BSM), a third-party ship manager headquartered in Limassol, is gearing up for the FuelEU Maritime regulation, which comes into effect in 2025. The company has a fleet of over 670 vessels and a global network of 11 ship management centres. Accrding to an announcement, BSM has integrated innovative digital tools and measures […]
The preliminary General Government fiscal results, prepared by CySTAT, indicate a surplus of €1,431.8m (4.2% of GDP) for the period of January-October 2024, as compared to a surplus of €664.8m (2.1% of GDP) that was recorded during the period of January-October 2023. Revenue According to CySTAT, total revenue, in the period January-October 2024, increased by […]
Archaeologists have made an unexpected discovery during this year’s excavation season at Kouklia-Martsello in Palaepaphos, unearthing a fragmentary inscription in Cypriot syllabary found embedded in a wall dating to the Cypro-Archaic period. The Department of Antiquities of the Deputy Ministry of Culture announced the completion of the fourth excavation period for 2024 at the site […]
As it completed six months of operations on the resumption of flight services to Phnom Penh from Dubai, Emirates, the world’s largest international airline, on Friday expressed optimism about its Cambodia prospects and revealed plans for introducing a world-class retail facility. At a roundtable with the Cambodian media, Mohammed Al Qassim, Emirates’ Country Manager for […]
This audio is generated by an AI tool. By Melissa Stewart 01 Dec 2024 06:15AM (Updated: 01 Dec 2024 06:30AM) Bookmark WhatsAppTelegramFacebookTwitterEmailLinkedIn Two decades ago in 2004, Melita Koulmandas was exploring Cambodia’s Koh Rong archipelago with her former partner on a rented fishing boat when, on the last day, the pair stumbled upon two tiny rainforest […]
The Prime Minister of the Kingdom of Cambodia, His Excellency Hun Manet, presided over – and joined in – the 29th Angkor Wat International Half Marathon on the morning of December 1, 2024, In his commencement speech, the PM stated “I am happy to participate in the 29th Angkor Wat International Half Marathon, which was […]
Sixty-nine stolen antiquities were handed over to Cypriot authorities in the Austrian capital today and will be transported back to Cyprus over the weekend. According to an Antiquities Department statement, they were delivered by Mr O.D (Austrian citizen who found them and who did not wish for his name to be disclosed) at a ceremony […]
A day trip to Kalopanayiotis shows the island has more to offer than partying at the coast By Philippa Tracy Agro-tourism is one of those phrases that people throw about while other people nod vigorously in approval. It conjures up images of expensive, luxury farm villas in Tuscany, where you pay vast amounts of money […]
Charles Vann, Director of Cambodia Airport Investment Co., Ltd. (CAIC), has stated that Phnom Penh’s new Techo International Airport has completed 92% of its first phase, and is on track to open in 2025. Mr Vann made his remarks during a recent visit to Techo International Airport. On his visit, Mr Vann was accompanied by […]
A spokesperson said on Thursday that Cambodia recorded a total of 733,729 air passengers between the kingdom and China during the first 10 months of 2024, an 83 percent year-on-year increase. “There had been 5,486 flights between Cambodia and China during the January-October period of 2024, a year-on-year rise of 60 percent,” Cambodia’s State Secretariat […]
Tourism revenue in Cyprus rose 6.0 per cent in September 2024 compared to the same month last year, whilst the first nine months of the year saw a 4.9 per cent increase compared to the same period in 2023. According to the Statistical Service’s Traveller Survey, tourism revenue reached €454.1 million in September 2024, up from €428.4 […]
Tourism revenue in September 2024 recorded a 6% increase, compared to September last year. For the first nine months of 2024 an increase of 4.9% was also recorded, compared to the same period in 2023. Based on the results of the Passengers Survey carried out by Cystat, revenue from tourism reached €454.1m in September 2024, recording an […]
Deputy Tourism Minister satisfied with the results, optimistic for 2025 Tourism revenue in Cyprus reached €454.1 million in September 2024, according to the statistical service’s passenger survey. This marks a 6 per cent increase compared to September 2023, when tourism revenue stood at €428.4 million. For the first nine months of 2024, total tourism revenue was estimated at €2.58 billion, […]
Cyprus recorded a general government surplus of €1.43 billion, equivalent to 4.2 per cent of GDP, between January and October 2024, according to a report from the statistical service. This was more than double the surplus of €664.8 million, or 2.1 per cent of GDP, reported for the same period in 2023. According to the report, this increase […]
Petrolina (Holdings) Public Limited (PHL) has announced the completion of a €48.6 million deal to acquire ExxonMobil Cyprus. According to the announcement, this includes the company’s 68 Esso-branded service stations, marking a significant expansion of its operations in the Cypriot market. On November 27, 2024, PHL confirmed that MED ENERGYWISE LTD, a wholly owned subsidiary, signed an agreement […]