Highlighting the sector’s pivotal role in the economy, official forecasts predict an increase in tourism’s contribution to the GDP this year to 12.8%, up from 12.2% in 2022. Tourist arrivals for January
Cyprus is at risk of a staggering economic impact of €10,457,241 in the event of a global internet outage, mobile data restriction, or a halt to social media applications lasting 24 hours,
Leading European on-demand transportation platform Bolt launched an electric scooter rental service in Nicosia, making 1,600 scooters available to commuters at strategic points in the capital. The company, boasting over 150 million
Labour Minister Yiannis Panayiotou defended the current working hour framework, allowing businesses to stay open on Sunday after MPs challenged it as unconstitutional. In comments to state radio CyBC, Panayiotou said the
The conflict in Israel has not reduced Cyprus airport traffic in October, which spiked 21% annually, according to the latest data released from Hermes Airports. On the contrary, compared to the same
Nicosia has joined the map of innovative European cities, following the direction for smart and sustainable cities, President Nikos Christodoulides said. He inaugurated the “Development of Smart City Infrastructure and Systems” project
Cyprus tourism believes it has lost the lucrative Israeli market for next summer, currently the second largest source of tourists. In comments to the news site Stockwatch, the director general of the
Cyprus still has a long way to go in reducing the gender gap, said House Speaker Annita Demetriou. Addressing the 6th Annual Business and Professional Women Mediterranean Symposium, Demetriou said women have
Cyprus’ national football team suffered another crushing defeat, losing 3-1 to Spain at home to end the European Championship qualification campaign. The defeat was Cyprus’ eighth consecutive loss in the Euro 2024
Eating out has become quite the lavish treat, and a recent undercover survey by the Consumers Association spilled the tea on Cypriots splurging on pricey dining experiences. Between May and September 2023,