Tourist arrivals in August are expected to be around the same as those for July and only slightly better than those for June, Deputy Tourism Minister Savvas Perdios has said.

The first divers have visited the Museum of Underwater Sculpture in Ayia Napa (Musan) after it was officially opened on Saturday night.

Cabinet on Friday approved a €900,000 support scheme for the wine sector to help overcome a plunge in consumption as a result of the lockdown.

Dozens of birds were released back into the wild on Thursday after receiving treatment for various injuries at the Athalassa wildlife rescue and rehabilitation centre.

More than 8,000 people have been vaccinated through the walk-in centres so far with officials on Thursday expressing belief that the goal of an 80% vaccination rate will be achieved in August.

There should be no complacency regarding Covid-19 vaccinations, warned on Thursday European Commissioner for Health and Food Safety, Cypriot Stella Kyriakides, in remarks at Paralimni.

Cyprus is on target to vaccinate 80% of the population by the end of August, with 970,000 Covid-19 shots already administered.

More than one in ten small businesses (13%) were forced to shut down during 16 months of coronavirus restrictions and lockdowns.

According to a recent announcement by Moody’s Investors Service (“Moody’s”), Moody’s has upgraded the Government of the Republic of Cyprus long-term issuer and senior unsecured ratings to Ba1 from Ba2.

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. The survey of 305 CEOs (from the Forbes Global 2000) also found that within three years, 42% of respondents expect to make changes to their organization’s risk management processes.