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

Tourism revenue at lowest level since 2009

Cyprus tourism revenues in 2021 were the lowest recorded in over a decade, excluding 2020, when the travel industry was essentially on COVID-19 lockdown throughout the year. Annual revenue from tourists reached

Shipmanagement revenue recovers  

Revenue from the shipmanagement sector in Cyprus showed a small increase in the first six months of 2021, reflecting the recovery in global shipping after the disruption caused by the COVID pandemic.