A total of €1 million in revenues are expected to be collected by Peyia municipality from two kiosks, sunbeds and umbrellas at Peyia municipal beach, mayor Marinos Lambrou said on Friday.

Larnaca has been shortlisted as a European Destination of Excellence (Eden) in an EU initiative aimed at rewarding the best achievements in sustainable tourism and green transition practices in smaller destinations across Europe.

Cyprus Airways operates its Winter flight schedule on October 30 with 28 direct weekly scheduled services to key airports in Greece, Lebanon, and Armenia.

NIPD Genetics announces the addition of six new NeoThetis liquid biopsy tests for therapy selection, which include Breast & Gynecological, Gastric, Melanoma, Pancreatic, Prostate and Pan-Cancer. With a simple blood draw, patients diagnosed with cancer can have fast, safe, and accurate results that can guide therapy selection for primary and metastatic disease, and treatment re-evaluation for therapy resistance.

Central Bank of Cyprus (CBC) governor Constantinos Herodotou on Wednesday addressed the Association of Cyprus Banks, during the latter’s annual general meeting, touching on the uncertainty plaguing the current economic climate, as well as how Cypriot banks are coping with the current set of challenges.

Outgoing Association of Cyprus Banks president Panicos Nicolaou on Wednesday defended Cypriot banks from the torrent of criticism that they received this past year, particularly after the decision to increase bank charges, which was announced towards the end of 2021.

The Finance Ministry welcomed a decision by the Council of Ministers on Wednesday to establish an innovation zone and a business zone/exhibition space at the Cyprus International Fair site.

The government on Wednesday spun the new minimum wage in a positive light, saying that in terms of purchasing power, the €940 a month, seen by unions as inadequate, was in fact worth €1,036 in terms of purchasing power standards (PPS).

Three decades after its rejuvenation, Larnaca’s historic Finikoudes promenade is set to get a modern new ‘face’, Philenews reported on Thursday.

The hourly labour costs (total cost) rose by an annual 5.2% in the second quarter of 2022, according to provisional data by the Statistical Service of Cyprus.