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91. Cyprus gains investor confidence as economic reforms and US ties bolster growth

International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......

92. Cyprus achieves first A-level credit rating in major milestone

Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....

93. Paphos airport will expand to boost capacity and modernize facilities

Hermes Airports has submitted a proposal to expand Paphos Airport to better accommodate rising passenger numbers and bring facilities up to modern standards....

94. Goodbye and thanks for all the halloumi!

I depart Cyprus after a little over two years as the British High Commissioner. What are my main reflections?...

95. President unveils €30 million plan to revitalize Troodos region

President Nikos Christodoulides has unveiled a comprehensive plan aimed at revitalizing the Troodos mountainous region, with more than 20 major projects and policy actions set to be implemented. ...

96. Cyprus seeks to amend recovery plan amid project struggles

The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...

97. Cyprus eyes direct flights to the U.S., aiming for new heights in tourism

Let’s accept that we may not solve everything, but we can aim to address some key issues. At the very least, we should lay the groundwork for their resolution....

98. Record tourist numbers for 2024, slightly surpassing pre-pandemic levels

Tourist arrivals in Cyprus reached 3.27 million between January and September 2024, marking a 4.2% increase compared to the same period in 2023, according to data from the Statistical Service of Cyprus (Cystat)....

99. Cyprus' infrastructure shines as MED9 Summit boosts tourism

100. Calum Chace: How AI will change everything—Are we ready?

Calum Chace, a well-known expert in Artificial Intelligence (AI), recently took the stage at the Digital Agenda Cyprus Summit 2024 to share his insights into the future of AI and its impact on our world....

101. Protests rise against Barcelona's growing tourist influx

Barcelona is grappling with a surge in tourism that has led to rising tensions among locals. Iconic landmarks like Sagrada Familia and Park Güell, along with bustling streets like Las Ramblas, are attracting 170,000 visitors daily, according to city authorities. ...

102. Cyprus hosts European Commission President for MED9 Summit

President Nicos Christodoulides of the Republic of Cyprus welcomed Ursula von der Leyen, the President of the European Commission, ...

103. Cyprus nears inclusion in U.S. Visa Waiver Program

Cyprus is progressing toward inclusion in the U.S. Visa Waiver Program, a move expected to simplify travel for Cypriots while strengthening cooperation between the two nations in combating serious crime....

104. Cyprus worried about inflation as tensions rise between Israel and Iran

The escalating conflict between Israel and Iran could disrupt global energy supply chains, with Cyprus likely to feel the effects....

105. Cyprus Central Bank raises 2024 GDP growth forecast to 3.5%

The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East. ...

106. Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

107. Cyprus tourism revenue rises to €474 million in July

Tourism revenue in Cyprus grew by €19.4 million in July 2024, reaching €474.0 million, an increase of 4.3% compared to €454.6 million in July 2023, according to the results of the Passenger Survey carried out by the Statistical Service....

108. China abolishes visa requirement for Cypriots

In a significant diplomatic development, China has officially abolished visa requirements for Cypriot nationals, marking a new chapter in the relationship between the two countries. ...

109. U.S. business leaders eye investment opportunities in Cyprus

U.S. businessmen and executives expressed keen interest in pursuing business opportunities in Cyprus during a Wednesday working lunch with President Nikos Christodoulides in New York....

110. Cyprus and China sign landmark air transport agreement

Cyprus and China have reached a new agreement to allow more flights between the two countries, aiming to boost tourism, trade, and business cooperation....

111. Turkish Cypriot leader calls for foreign investment

Turkish Cypriot leader, Ersin Tatar, encouraged business people to invest in his territory during the 15th Investment Conference held by the Turkey-US Business Council (TAIK). He stressed the importance of working together across different sectors for a sustainable future....

112. Fly Business Class from Just €150 with Cyprus Airways—Limited Time Only!

Cyprus Airways Introduces unmatched Business Class Fares Starting at €150: Luxury Travel Made Accessible...

113. Cyprus needs new strategy to grow winter tourism

According to an article written by Dorita Yiannakou in this Sunday's Kathimerini, this year has been a steady one for winter tourism in Cyprus, showing the sector’s strength despite various regional challenges....

114. Paphos-Polis road contractor proposals await approval

Plans to improve the road linking Paphos Airport with the city and a potential alternative route are under consideration, according to Paphos Chamber of Commerce and Industry (PCCI) President George Mais....

115. Eurobank and India collaborate to create strategic business council

Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......

116. Cyprus struggles to boost winter tourism

Cyprus is having a tough time improving its winter tourism, according to Kathimerini's Dorita Yiannakou, even though more tourists are visiting and spending more money. ...

117. Tourist arrivals hit record high in Cyprus for August

Tourist arrivals in Cyprus reached an all-time high in August 2024, with 554,923 visitors, surpassing the previous record set in August 2019 by 0.20%, according to data released by the Cyprus Statistical Service....

118. Von der Leyen unveils new European Commission lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

119. Phase one of Paralimni Marina set for completion by year's end

The first phase of the Paralimni Marina, which will feature 300 berths, is expected to be completed by the end of the year, with the first boats arriving before the start of the next tourist season, according to Paralimni-Deryneia Mayor George Nikolettos....

120. Shipping Minister champions new maritime training facilities at Chios Academy

The qualitative upgrading of maritime education is of primary importance, Deputy Minister of Shipping Marina Hatzimanolis has said recently in Greece......