https://knews.kathimerini.com.cy/en/business/the-$10-billion-plan-to-rebuild-cyprus-s-ghost-town
The Turkish newspaper Sözcü has drawn attention to Varosha, an abandoned area in Famagusta, calling it the "Las Vegas of the Mediterranean." The paper says it would take $10 billion to bring the ghost town back to life after being abandoned for 50 years....
https://knews.kathimerini.com.cy/en/business/3-real-estate-investment-opportunities-by-astrobank
Two apartment complexes, residential fields, and other properties in various areas of Cyprus that are ideal for investment have been listed for sale by AstroBank....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-hit-by-may-slump
Banks caution against high expectations for new tourism records in Cyprus, citing a lackluster performance in May, according to a report by Panayiotis Rougalas on this Sunday's Kathimerini (9 June 2024)....
https://knews.kathimerini.com.cy/en/business/passenger-traffic-up-at-larnaca-and-paphos-airports-amid-drop-in-hotel-bookings
Passenger traffic at Larnaca and Paphos airports increased by 4.26% in May 2024 compared to the same month in 2023, according to the Ministry of Transport, Communications and Works....
https://knews.kathimerini.com.cy/en/news/search-for-michael-mosley-intensifies-with-divers-in-symi
Divers have joined the continuing search for British broadcaster Michael Mosley after he went missing while on holiday on the Greek island of Symi....
https://knews.kathimerini.com.cy/en/news/fti-bankruptcy-adds-to-woes-of-cyprus-tourism-sector
The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....
https://knews.kathimerini.com.cy/en/business/900-tourists-in-cyprus-affected-by-fti-group-bankruptcy
Around 900 tourists who purchased travel packages from the German-based FTI Group, which has recently filed for bankruptcy, are currently in Cyprus, Deputy Minister of Tourism Kostas Koumis said Tuesday....
https://knews.kathimerini.com.cy/en/business/unpaid-debts-from-fti-touristik-bankruptcy-threaten-cyprus-hotels
The European tourism market has been jolted by the bankruptcy of FTI Touristik, a major German travel organiser. ...
https://knews.kathimerini.com.cy/en/news/koumis-praises-larnaca-s-tourism-milestone-with-new-brand
Larnaca’s new brand identity was presented on Friday aimed at attracting more tourism to the coastal town....
https://knews.kathimerini.com.cy/en/news/maldives-blocks-israeli-tourists-in-response-to-gaza-crisis
The Maldives government will ban Israelis from the Indian Ocean archipelago, known for luxury resorts, as public anger in the predominantly Muslim nation rises over the war in Gaza.
...
https://knews.kathimerini.com.cy/en/news/construction-of-mirror-house-draws-attention-in-cyprus
A stunning addition to Cyprus's architectural scene has emerged, the intriguing mirror house....
https://knews.kathimerini.com.cy/en/news/shipping-minister-to-address-european-maritime-day
Cyprus Shipping Deputy Minister Marina Hadjimanolis, departs on Wednesday for Svendborg, Denmark to attend the European Maritime Day EMD 2024 Conference between 30-31 May....
https://knews.kathimerini.com.cy/en/business/astrobank-investment-opportunities-in-paphos-and-famagusta
AstroBank is selling a shop at the Paphos town centre, a detached house in Peyia as well as agricultural and residential plots elsewhere in Paphos and in Famagusta that are ideal as an investment.
...
https://knews.kathimerini.com.cy/en/comment/opinion/labor-shortage-hits-antiparos-island
The small Aegean island of Antiparos is in a fever of preparations for the summer’s tourism miracle. ...
https://knews.kathimerini.com.cy/en/life/berry-bliss-awaits-you-on-may-24
The sweet aroma of ripe strawberries will fill the air as Deryneia gears up for the annual Pancyprian Strawberry Festival on Friday, May 24, 2024, starting at 4:45 PM....
https://knews.kathimerini.com.cy/en/news/cyprus-inaugurates-troodos-observatory-to-boost-space-research-and-astrotourism
President Nikos Christodoulides inaugurated the Troodos Observatory in Agridia village on Sunday, marking a significant step in Cyprus' burgeoning space research and technology sector....
https://knews.kathimerini.com.cy/en/news/first-black-astronaut-nominee-fulfils-space-dream-after-60-years
Ed Dwight, America’s first Black astronaut candidate, finally rocketed into space 60 years later, flying with Jeff Bezos’ rocket company on Sunday....
https://knews.kathimerini.com.cy/en/news/little-penguins-dwindle-to-120-amid-port-development-threats
A once-thriving population of little penguins on a tourist island off Perth’s coast has plummeted to no more than 120 birds, with plans to build a container port in nearby foraging grounds further threatening the survival of the colony....
https://knews.kathimerini.com.cy/en/news/hoteliers-express-concern-over-slowdown-in-summer-bookings
The chair of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, expressed concerns over a summer slowdown in bookings, fearing that 2024 might end with fewer reservations compared to last year. ...
https://knews.kathimerini.com.cy/en/news/chinese-president-s-visits-to-serbia-and-hungary-yield-new-economic-deals
When Chinese President Xi Jinping visited Hungary last week, he arrived to one of the few places in the European Union where his country is considered......
https://knews.kathimerini.com.cy/en/news/hadjimanoli-we-hope-to-expand-into-the-asian-market
Marina Hadjimanoli stepped into her role as Deputy Minister of Shipping amidst a period of upheaval, with the shipping sector grappling with various challenges including geopolitical conflicts and safeguarding supply chains against potential terrorist threats targeting merchant vessels....
https://knews.kathimerini.com.cy/en/news/deadly-road-crash-claims-british-tourist-s-life-in-paralimni
A tragic road collision turned fatal as 52-year-old Nicholas Charles Fox, a British national, succumbed to injuries sustained during the incident on May 9, 2024, in the province of Famagusta....
https://knews.kathimerini.com.cy/en/business/residential-and-commercial-land-for-sale-by-astrobank
AstroBank has listed for sale residential and commercial parcels in Famagusta, Paphos, and Nicosia that are ideal for investment. ...
https://knews.kathimerini.com.cy/en/news/zakynthos-navagio-beach-shut-down-for-second-consecutive-summer
Zakynthos’ Navagio beach, a popular tourist destination famous for its signature shipwreck, will remain closed to tourists for a second summer this year by ministerial order....
https://knews.kathimerini.com.cy/en/news/chestertons-global-launches-in-cyprus
Leading international real estate firm, Chestertons Global, has announced its expansion into the Cyprus property market with the launch of Chestertons Cyprus Residential. ...
https://knews.kathimerini.com.cy/en/news/mexico-three-surfers-found-murdered-over-truck-theft
Three tourists – Australian brothers Jake (30) and Callum Robinson (33) and American Jack Carter Rhoad (30) – were found murdered in Baja California, Mexico, authorities confirmed....
https://knews.kathimerini.com.cy/en/business/the-hotspots-where-cypriots-are-headed-to-this-easter
The Easter festive period can actually be described as the vanguard of the summer holidays for Cypriots who choose to holiday outside Cyprus. ...
https://knews.kathimerini.com.cy/en/business/cypriots-opting-for-easter-holidays-abroad
According to the Association of Cyprus Tourism Agents (ACTA), a substantial number of Cypriots are opting for Easter holidays abroad, as indicated by recent figures....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-foreign-workers-amidst-hotel-staffing-crisis
The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......
https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market
According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...
