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Revenue From Tourism Exceeds €1 billion In First Half Of 2024, Up By 4.2% Year On Year 

by THEFUTURE.TEAM

Revenue from tourism amounted to €1.13 billion in the first half of 2024 marking an increase of 4.2% year on year, data released by CySTAT show.

Based on the results of the Passengers Survey carried out by CySTAT, revenue from tourism in June 2024 reached €385.2 million compared to €361.5 mn in the corresponding month of the previous year, recording an annual increase of 6.6%.

The average expenditure per person stood at €798.77 in June 2024 compared to €791.03 in June 2023, recording an increase of 1%.

Tourists from the United Kingdom, which comprise Cyprus’ largest tourist market with 35.6% of the total tourists in June 2024, spent on average €94.66 per day, while tourists from Israel (the second largest market during the specific month with 10.7% of the total tourists) spent on average €146.16.

Tourists from Poland (the third largest market with 7.5%), spent on average €78.00 per day.

According to CySTAT, the average stay in June remained unchanged to 8.5 days.

Athens Stock Exchange approves listing of Bank of Cyprus shares

by THEFUTURE.TEAM

The Athens Stock Exchange, following a meeting of the Listings and Market Operation Committee, verified that all listing prerequisites for the listing of the Bank of Cyprus shares have been met and approved.

More specifically, according to the decision, “the Athens Stock Exchange, following today’s meeting of the Listings and Market Operation Committee, verified that all listing prerequisites are met and approved the listing of 443,457,297 ordinary shares of “BANK OF CYPRUS HOLDINGS PUBLIC LIMITED COMPANY” (ISIN: IE00BD5B1Y92) on the Main Market of the Athens Stock Exchange, according to art. 2 par. 4 L.3371/2005”.

It is mentioned that trading will start on Monday, 23 September 2024.

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