Revenue from tourism declined to €96.6m in March 2019 from €110m in the same month last year, a decrease of 12.2%, the Statistical Service said recently.

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A total of 65 beaches in Cyprus, as well as the Limassol Marina have received the prestigious Blue Flag award for 2019, reflecting their excellence in environmental education, management, water quality, safety and services.

Cyprus is promoting a third Start-up Visa scheme with state funding of €500,000 to ensure it is more attractive to third country investors who have so far stayed away.

Tourist arrivals for summer 2019 are expected to record a slight decrease, remaining however around the same levels as 2018, according to the president of the Association of Cyprus Travel Agents (Acta).

The government is said to have clinched a deal with the Aphrodite gas field stakeholders to modify the production sharing contract, with Energy Minister Giorgos Lakkotrypis expected to brief political parties next week.

The Supreme Court of Cyprus granted a prerogative order of Certiorari quashing an anti-suit injunction blocking a Cypriot Company from filing any proceedings in any part of the world, except before the LCIA Court.

Hermes Airports, operators of Cyprus airports, are eyeing a record 11 million passengers for 2019.

A report on Cyprus by the Council of Europe's Committee of Experts for the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) is due in December 2019.

A new joint initiative between Ireland and Cyprus for a Centre of Excellence for Marine and Maritime Research has been awarded a €15 million grant from the European Commission, the Irish website afloat.ie reports.