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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Trump Honors Tech Leaders As Silicon Valley Ties To Washington Deepen

by THEFUTURE.TEAM

October 8, 2026

Musk, Brin, Huang And Dell Among Tech Figures Recognized By Trump Administration

The Trump administration has recognized several prominent technology and business leaders for their contributions to science and innovation, highlighting the increasingly close relationship between Silicon Valley and Washington.

“The Trump Administration is grateful for the contributions of these incredible leaders in science and technology,” White House assistant press secretary Liz Huston said in an emailed statement. “These recipients are helping ensure America keeps leading the world in innovation.”

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Awards Follow Recent AI Summit

Coming just over a week after Trump hosted a White House lunch focused on artificial intelligence, the awards bring several of the same executives back into the spotlight. Other industry leaders also attended the gathering, which came as debate over the pace of AI development intensified. Trump later said he had signed a “morally binding” document with the technology leaders following the meeting.

Political ties add another dimension to the recognition. Each of the honorees has contributed financially, directly or indirectly, to Trump, Republican campaigns or related causes.

Tech Leaders Have Backed Trump

Elon Musk was Trump’s largest financial supporter during the 2024 election cycle, contributing more than $290 million. He later joined the administration as a special government employee and led an effort to reduce the federal workforce.

Google co-founder Sergey Brin attended Trump’s inauguration and donated hundreds of thousands of dollars to the Republican National Committee in 2025. Nvidia CEO Jensen Huang contributed to a fund for Trump’s planned White House ballroom, while Nvidia donated $1 million to Trump’s inauguration.

Michael Dell has also been a longtime Trump donor. Together with his wife, Susan, he pledged $6.25 billion to seed Trump Accounts, a programme designed to help families build savings for children in the US. AMD is also contributing to Trump-related funds.

Trump Holds Stakes In Major Tech Companies

Trump’s financial ties to the technology sector extend beyond political contributions. His most recent financial disclosure shows transactions involving shares of SpaceX, Tesla, Nvidia, Microsoft, AMD and Alphabet, Google’s parent company, as recently as July.

CNBC’s Eamon Javers contributed to this report.

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