Halloumi makes over 20% of export revenue

Halloumi cheese exports during the first four months of 2023 reached €111.8 mln, which equals 20.49% of the value of Cypriot exports, said Minister of Agriculture Petros Xenophontos. Addressing the 4th Halloumi

May tourism revenue jumps 40.7%

A substantial annual increase of over 40% was recorded in tourism revenue for May as holiday arrivals climbed. According to the official data, tourism revenue in May – when 420,000 tourists arrived


Tourism revenue spikes 60%

Income from tourism reached €45.6 mln in January, easily surpassing the revenue from tourists last year and 2019, which set a record for Cyprus. Based on the results of the Passenger Survey


EU tourists jump 22% since 2019

Cyprus tourist arrivals have reached 80% of pre-pandemic 2019, with visitors from the EU boosted by 22%. Tourism Minister Savvas Perdios told MPs the EU tourism market is “the most stable framework


Nexters reports record high Q1 revenue

Video game development firm Nexters, headquartered in Limassol, reached record-breaking quarterly revenues of $126 mln, growing 45% year-over-year and record high quarterly net profit of $23 mln. According to the company’s unaudited

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