Digital nomads inject €10m annually into Cyprus economy
Cyprus Mail, Suzana Psara Cyprus grants over 500 digital nomad visas in four years Cyprus issued more than 500 Digital Nomad Visas in the past four years, as the government seeks to reposition the island as a hub for remote workers and part of its broader strategy to attract investment and talent. According to figures […]
Bank of Cyprus named best bank by Euromoney for tenth year running
Cyprus Mail, Kyriakos Nicolaou Euromoney, an international magazine focused on banking, finance and financial markets, has named the Bank of Cyprus (BoC) the best bank in Cyprus in its 2025 awards for excellence. This marks the tenth consecutive year that Bank of Cyprus has received the title of Cyprus’ best bank from Euromoney. According to an official announcement released […]
AI health project in Limassol enters commercialization phase
Cyprus Mail, Suzana Psara Chief Scientist Demetris Skourides and Professor Konstantinos Zamboglou, Medical Director of the German Medical Institute (GMI), met in Limassol as part of the ongoing review of Agora 3.0, a strategic infrastructure project awarded by the Research and Innovation Foundation (RIF) to the German Oncology Centre. Agora 3.0 has been described as […]
Cyprus tourism looks to extend summer season into November hoteliers say
Cyprus Mail, by Suzana Psara Cyprus’ tourism sector is performing strongly this season, according to Cyprus Hoteliers Association (Pasyxe) director general Christos Angelides. Speaking to business outlet Economy Today, Angelides said the steady rise in arrivals is creating the basis for long-term planning, with Cypriot hotels aiming to extend the summer season into November. However, he […]
New €1m camping site near Natura 2000 protected area approved in Paphos
en.philenews by Angelos Nicolaou 20/08/2025 Authorities have approved construction of a €1 million camping facility in Peristerona, Paphos, following an environmental assessment due to its proximity to the Natura 2000 “Sarama Valley” Special Protection Area. The Environment Department granted approval under strict conditions after an ad-hoc committee’s comprehensive Special Environmental Impact Assessment (SEIA), which concluded the […]
The resilience of the Cypriot economy is confirmed – GDP growth rate at 3.3% in the second quarter
In Business News 13:22 – 14 August 2025 Updated: 13:39 – August 14, 2025 The seasonally adjusted GDP growth rate stands at 3.3% in the second quarter of 2025, according to a preliminary estimate of the Statistical Service published on Thursday. The GDP growth rate, non-seasonally adjusted, is estimated at 3.6%. According to the Statistical […]