Cyprus, ’ economy in January and February 2024

Cyprus, ’ economy in January and February 2024

The Cyprus Statistical Service (Cystat) released its bimonthly bulletin “Monthly Economic Indicators” covering January to February 2024. The Manufacturing sector saw a 3.2% increase in January 2024 compared to January 2023. Motor vehicle registrations surged by 45.0% in January and February 2024, with private saloon cars increasing by 50.1%. The Consumer Price Index rose by 1.8% during the same period. Imports of goods decreased by 32.2%, while exports of goods decreased by 3.8%. Tourist arrivals increased by 1.6% in January and February 2024 compared to the same period in 2023.

TV shows we love: 3 Body Problem

TV shows we love: 3 Body Problem

– The TV show “3 Body Problem” is an intellectual challenge for everyone.
– The series is based on the first book of Liu Cixin’s trilogy, “Remembrance of Earth’s Past.”
– The plot features the initial contact between human scientists and an alien civilization.
– Astrophysicist Ye Wenjie discovers the first message from space in the 1960s.
– A group of young scientists discover the consequences of that interception in modern times.

NEDECO Electronics, ALE event on era of changing comms

NEDECO Electronics, ALE event on era of changing comms

Fact: NEDECO Electronics Ltd and Alcatel-Lucent Enterprise hosted an event on April 10, 2024, at Lemon Park in Nicosia focusing on the latest developments in telecommunications and network solutions for businesses and organizations.

Despair makes young US men more conservative ahead of election

Despair makes young US men more conservative ahead of election

A global survey showed a surge in despair and disillusionment with established politics, particularly among young American men, who were the only U.S. population group to turn more conservative over the past decade.

New CMO for Danos real-estate and valuations consultancy

New CMO for Danos real-estate and valuations consultancy

Kyriacos Kiliaris has joined Danos International Property Consultants and Valuers as Chief Marketing Officer, reporting to the Group’s CEO, Panos Danos.

Cyprus apartment sales , €154m in Q4 2023

Cyprus apartment sales , €154m in Q4 2023

Fact: In Q4 of 2023, two-bedroom apartments were the main attraction for buyers in Cyprus, with a total of 240 sales completed, amounting to €154 million in value.

‘, ask bbf’ initiative puts real-estate clients front and centre

‘, ask bbf’ initiative puts real-estate clients front and centre

BBF is a leading residential and commercial developer in Cyprus that has launched ask bbf, a customer-centric initiative offering all-inclusive, one-stop-shop services for property buyers and business relocations.

Cyprus, ’ betting revenue tops €1 billion in 2023

Cyprus, ’ betting revenue tops €1 billion in 2023

– Revenues from betting activity in Cyprus showed a steady growth, with the gross betting revenue of Class A and Class B recipients reaching €325,601,464 in Q4 of 2023, marking a 10% increase compared to the same quarter in 2022.
– The total gross betting revenue for the year 2023 exceeded one billion euros, reaching €1,109,209,082, which is a 16% increase compared to 2022.
– Class A recipient gross revenue increased by 8% in Q4 of 2023 compared to the same quarter in 2022, while Class B gross recipient revenue was up by 11%.
– The profits of Class A and B players also increased by 10% in Q4 of 2023 compared to the same period in 2022, reaching €291,754,064.
– The total number of Class A properties in Cyprus increased slightly by 2% in Q4 of 2023 compared to the same quarter in 2022, with a total of 490 licensed properties in the country.