Cyprus Sees a Surge In Tourism Revenue: February’s Significant Gains And What It Means

by News Editor

April 29, 2025

In February 2025, Cyprus reported a notable €79.7 million in tourism revenue, reflecting a remarkable 22.4% increase from the same period last year when earnings stood at €65.1 million, according to the latest release by the statistical service.

Year-to-Date Performance

Taking a broader view, the combined revenue for the first two months of 2025 reached €148.9 million, soaring by 35% compared to €110.3 million during the same months in 2024.

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Spending Patterns of Tourists

The per capita expenditure for February rose by 14.3%, amounting to €595.71 compared to €521.01 in February 2024. Among the tourists, British visitors, accounting for 24.8% of the arrivals, spent an average of €73.42 per day. Polish tourists made up 15.1% of the total arrivals and spent €71.07 daily. Intriguingly, visitors from Israel had the highest daily spending at €203.06.

Future Prospects

Looking ahead, Harris Papacharalambous, President of Cyprus Travel and Tourism Agents Association, anticipates that a total of 4.25 million tourists will visit Cyprus by the end of the year. The vision for 2026 is to enhance the island’s tourism offerings with innovative changes, turning it into a regional hub for tourism activities, thanks to Cyprus’ strategic geographical position.

For further exploration of Cyprus’s rapid growth and economic potential, read about Cyprus’s fastest-growing tech companies and their global impact.

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Cyprus And Lebanon Move To Advance Long-Planned Electricity Interconnection

by THEFUTURE.TEAM

July 14, 2026

Cyprus and Lebanon are taking a significant step toward a long-discussed electricity interconnection project that could reshape energy links across the eastern Mediterranean.

Formal Request To The World Bank

According to reliable information, the two governments are expected to sign a joint letter within days requesting World Bank financing for an undersea electricity interconnection. The move marks the transition from political discussions to a formal international funding process.

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From Feasibility Study To Strategic Project

Nicosia and Beirut jointly approached the World Bank at the end of 2025 to prepare a feasibility study for the proposed project. The study is expected to examine technical feasibility, potential tariffs and the project’s commercial viability, all key factors in determining whether the interconnection can move forward.

Beyond creating a physical link between the two countries, the project could strengthen energy security, improve regional integration and expand access to wider electricity markets.

Possible Connection Point In Zouk

Lebanon’s Energy Minister Joe Saddi said in April that the most likely connection point would be the Zouk area.

He added that, if the project proceeds, Cyprus could eventually connect to the wider European electricity grid, creating a potential route for Lebanon to access the same network.

Such a development would extend the project’s importance beyond bilateral cooperation, positioning Cyprus as a potential energy bridge between the Middle East and Europe while giving Lebanon a stronger connection to the European electricity system.

A Broader Diplomatic And Energy Context

The initiative follows another milestone in relations between the two countries. On November 26, 2025, Cyprus and Lebanon signed a landmark agreement delimiting their Exclusive Economic Zones, strengthening the legal framework for closer cooperation in the eastern Mediterranean.

Taken together, the two initiatives suggest that energy, infrastructure and diplomacy are becoming increasingly interconnected as both countries seek to deepen regional cooperation and improve long-term energy security.

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