Paphos hoteliers want authorities to bolster efforts to enhance the island’s air connectivity in the coming months by providing airlines and tour operators incentives. Hotels are relishing better winter tourism following another COVID-19 ruined summer season. In comments to the Cyprus News Agency, chair of the Cyprus Hotel Association Paphos branch, Thanos Michaelides, said boosting
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Turkey’s President Recep Tayyip Erdogan’s latest spat with the West has given another push to the country’s declining currency, as it kicked off another week with an all-time low record. The lira hit an all-time low of $9.75 on Sunday, weakening from Friday’s close of $9.5950 while touching on a record 11.18 against the Euro.
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By Hussein Sayed, Chief Market Strategist at Exinity Inflation risks, US Big Tech earnings, ongoing Delta ‘Plus’ Covid concerns, and the upcoming ECB meeting are all on investors’ radars this week. Stocks in Asia were mixed in early Monday and US futures were flat after the S&P 500 and Dow Jones Industrial Average hit new
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Europe’s airports have lost 1.26 billion passengers this year, plunging 62% compared to pre-pandemic (2019) levels, airports association ACI EUROPE reported Monday. It said EU+ airports stand at -69% this year against 2019, with overall passenger volumes essentially flat compared to last year. The peak Summer months (Q3) saw a significant improvement at -50% compared
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After 14 years away, speed cameras are officially back on the island as the newly re-introduced traffic monitoring network went live on Monday. In comments to website Philenews, assistant traffic police chief Charis Evripidou said the network went live with four fixed speed cameras at a busy Nicosia junction and four more mobile cameras. The
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As the world’s largest social networking platform, Facebook has witnessed a surge in the number of users in the past few years. Hundreds of millions of people have joined its space to communicate, keep in touch with the latest trends or promote business, especially after the pandemic hit. Although the COVID-19 restrictions have been relaxed
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Cyprus has downgraded four countries in its latest COVID safe travel list, with Iceland, Poland and the Netherlands dropping from the medium risk orange to the high-risk ‘red. Lichtenstein was demoted from the safest green category to orange. No country was upgraded to green, but South Korea was the only one to move out of
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Interior Minister Nicos Nouris said he expects Brussels to show more sensitivity about external borders in a bid to curb irregular migration to Cyprus via Turkey. He said there was a fresh wave of migrant arrivals making October “a very bad month” with more than 1,500 arrivals of irregular migrants. They are said to have
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Cyprus reported no coronavirus deaths on Sunday, a rise in the number of patients to 63 from 60, and new daily cases remaining below 100 having dropped to 89 from 97 on Saturday. The Health Ministry said in its daily Covid bulletin that the death toll since the pandemic started remained unchanged at 568, of whom
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State owned telco Cyta has added another distinction to its mantlepiece, as it was named the fastest carrier in Q2-Q3 this year by Ookla, a leader in internet testing and analysis. Though initially named Cyprus Telecommunications Authority, itself a successor to Cable & Wireless from the British colonial, Cyta is often associated with expensive services
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