Tourist arrivals in August saw a 40.2% increase, reaching 451,133, compared to the 321,858 in August 2021, the Cyprus statistical service said on Monday.

Initial expectations for the Cyprus-Greece passenger ferry were surpassed with almost 8,000 people using the service this year.

A bill designed to enshrine into national law a European Union directive for the screening of foreign direct investment (FDI) was submitted to the Cabinet of Ministers this week.

DataArt, the US enterprise software development company, announced today that it is opening new offices in Cyprus.

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.