Travel and tourism sector witnessed 10.9 percent year-on-year (YoY) decline in the number of deals (mergers and acquisitions (M&A), private equity (PE) and venture financing) announced globally during January-May of this year.
The Larnaka Municipal Gallery – Christoforou Collection has opened this summer and will exhibit around 150 artworks by Greek painters and engravers of the 19th - 20th centuries; exhibited with the kind permission of retired Cypriot diplomat Charalambos Christoforou and his spouse Maria Christoforou.
In May of this year the total Cyprus government employment reached 54.826 persons. For the period January – May an average total government employment reached 54.835 persons, marking an increase of 2.684 persons (5,1 percent) compared to the corresponding period of 2023.
Based on the results of the Passengers Survey carried out by the Statistical Service, revenue from tourism in Cyprus reached EUR113,0 million in March this year compared to EUR97,8 million in the corresponding month of 2023, recording an increase of 15,5 percent.
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