Rating agency DBRS Morning Star has downwardly revised Cyprus’ growth outlook again amid gloomier forecasts for the global performance considering soaring inflation and heightened uncertainty due to the Ukraine war.

Larnaca has been recognised as a ‘Green City’ by the Scientific Evaluation Committee for the Pancyprian Awards Green Cities & Green Communities of Cyprus.

Transport Minister Yiannis Karousos said on Tuesday welcomed the arrival of the first large cruise ship, the Rhapsody of the Seas, to Ayia Napa Marina.

Paphos has been selected as a finalist for the title of European Capital of Smart Tourism 2023, among 29 candidates from 13 countries, the Paphos Tourism Board said in an announcement on Tuesday.

The EU Organic Day – September 23 – is seen as the ideal opportunity to widely celebrate the organic sector and to evaluate Europe’s progress towards achieving its goal of 25% organic land by 2030.

For the fourth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. The ITR European Tax Awards, which this year took place with the physical presence of participants on 16 September 2022, is held annually aiming to recognize distinguished tax service providers from the Europe, Middle East and Africa (EMEA) region. EY Cyprus has taken part in the Transfer Pricing Firm of the Year award since 2019 and has been awarded with this recognition every year since then.

From room service to housekeeping services, robotic technology has been making its presence felt in the tourism sector in recent years, increasing its presence and role in service automation year after year.

Limassol’s landmark Londa Hotel is to enjoy a touch of Paris with makeover plans designed by a world-renowned French interior aesthete.

Hellenic Bank on Tuesday released its financial results for the first half of 2022, posting a profit of €55.4 million, compared to a profit of €21 million in the corresponding period of 2021.

The US and Cyprus commemorated on Monday the completion of the Acquisition and Cross Services Agreement (ACSA) between the Republic of Cyprus and the United States of America the Minister of Defence of the Republic of Cyprus Charalambos Petrides and US Ambassador Judith Garber.