With tourist arrivals and bookings this summer down on 2018, tourism stakeholders are looking to revamp Cyprus as a travel destination by plugging it into other regional holiday hotspots.

Cyprus Casinos (C2), recently announced the opening of its third licensed satellite casino – C2 Ayia Napa on the heels of last month’s first anniversary of the C2 Limassol temporary casino.

The interoperability of mobile phones across the island was established on Thursday as part of the confidence-building measures agreed by the two sides.

Revenue from tourism in April 2019 presented an increase of 3% year-on-year after having recorded a drop in the two previous months.

Cyprus credit card transactions during the first six months of 2019 increased 20% compared to the same period last year, reflecting a recovery in consumption.

The plenum recently unanimously passed legislation regulating the right of UK nationals and their families to move and reside freely in the Republic of Cyprus in the event of a no-deal Brexit.

Private business’ optimism drops 8 percentage points

Cyprus are amongst the top 50 happiest countries in Europe according to a new index developed by scientists.

FinTech adoption rates rose to an average of 64% this year according to EY Global FinTech Adoption Index 2019. Emerging markets are leading the way with both China and India at 87%. Close behind are Russia and South Africa, both with 82% adoption. Among developed markets, the Netherlands (73%), the UK (71%) and Ireland (71%) lead in adoption, reflecting in part the development of open banking in Europe.

Distributed Ledger Technology (DLT), more specifically, blockchain, can offer endless possibilities to make Cyprus an investment destination, experts told a Blockchain Summit in Nicosia.