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Cyprus Airports Propel Expansion With €170 Million Investment Amid Record Passenger Traffic

Record-Breaking Passenger Traffic

Cyprus’ airports have reached an unprecedented level of activity, with Larnaca and Paphos recording a combined 1.8 million passengers in August. This figure marks a notable increase from 1.6 million in the previous year and underscores a resilient rebound beyond pre-pandemic levels. Larnaca, in particular, observed growth from 1.2 million to 1.3 million passengers, while Paphos reported an increase from 439,900 to 501,100 passengers year-over-year.

Robust Expansion Programs Underway

Construction is now well underway on the second phase of a major expansion programme, endorsed by a €170 million investment. The initiative, which commenced in March, saw President Nikos Christodoulides laying the foundation stone in June. At Larnaca, the upgrade will encompass approximately 20,000 square metres, adding new arrival and departure gates, enhanced baggage handling, expanded passport control, advanced security checks, and enlarged commercial areas alongside increased aircraft parking capacity. Paphos is set to experience a terminal capacity boost of around 30 per cent, significantly refining passenger processing and overall efficiency. Operational enhancements also include the extension of the southern parallel taxiway, further elevating the airports’ flexibility and throughput. Once complete, Larnaca and Paphos will boast annual capacities of 12.4 million and 5 million passengers, respectively.

Tourism Surge And Revenue Growth

The momentum extends beyond infrastructure. Recent statistics show that tourist arrivals in Cyprus escalated by 6.9 per cent in July 2025, with the UK, Israel, and Poland topping the list of source markets. Meanwhile, tourism revenue climbed by 9.6 per cent to reach €422.3 million in June 2025, with overall spending per visitor also rising. The first half of the year collectively generated €1.38 billion in revenue, marking a 21.3 per cent increase over the previous year. Such figures attest to the strong recovery and continuous expansion of Cyprus’ tourism sector, further supported by a record-breaking influx reflected in over 12.3 million passengers in 2024.

These developments not only highlight the strategic importance of airport expansions in meeting growing demand but also underscore Cyprus’ robust economic recovery and commitment to enhancing its infrastructure for sustainable growth.

Bank Of Cyprus Launches Cybersecurity Programme For Students In Limassol

Bank of Cyprus launched a cybersecurity initiative in Limassol as part of its “The Young Ask and Provide Solutions” programme, involving students in simulated cyberattack scenarios. The programme focuses on practical training in cyber defense and awareness of risks linked to digital infrastructure.

Innovative Collaboration And Real-World Challenges

In partnership with the Education Ministry and non-profit organization TechIsland, the programme provided a robust platform for young minds to confront realistic cyberattack simulations. Held at the modern Limassol regional offices of the Bank of Cyprus, the interactive space enabled 60 secondary school students from across the region to collaboratively tackle the complex threats facing national digital infrastructure.

Practical Exercises And Strategic Insights

Participants took part in workshops built around cyberattack scenarios. Tasks included identifying prevention strategies, planning response measures, and proposing public awareness approaches. The exercises focused on coordination and decision-making during cyber incidents.

Empowering Tomorrow’s Leaders

According to Elli Ioannidou, the programme is designed to combine theoretical knowledge with practical experience. She said the initiative aims to help students understand real-world challenges and develop problem-solving skills. Additional input was provided by Marios Stavrou, who noted that managing cyber incidents requires coordination across multiple teams and functions.

Building A Resilient Cyber Ecosystem

Experts, including Mathaios Panteli and Tanya Romanyukha highlighted the importance of early digital skills and cybersecurity awareness. Their comments focused on preparing the future workforce skills needed for managing digital risks. The programme forms part of broader efforts to strengthen cybersecurity awareness and education in Cyprus.

The Bank of Cyprus remains committed to investing in forward-thinking initiatives that inspire youth and enhance community awareness. Through these targeted efforts, the bank is not only addressing immediate security challenges but also contributing to a future where advanced technology and robust cyber defense mechanisms coexist seamlessly.

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