In October 2023, Limassol Port saw a recordbreaking 31 cruise ship calls, bringing in 48,000 passengers. Gulf Air also increased flights to Larnaca and Athens to enhance air connectivity. The Bank of Cyprus reported a strong financial performance with €349 million aftertax profit, and the Cypriot economy showed resilience with a growth rate of 2.5% in Q3 2023.
ARIS and Frederick University in Cyprus have partnered to boost youth entrepreneurship by promoting innovation, knowledge exchange, and collaboration between academia and industry. The collaboration will include joint workshops, EUfunded projects, and networking opportunities to enrich Cyprus’s entrepreneurial ecosystem.