AGP Executive Report
Last update: 5 hours agoBanking & Tourism Finance: Bank of Cyprus reported €252m first-half profit (+7%) and lifted its interim dividend by 20%, a sign of steadier lending momentum that can support travel demand. Diving Tourism Strategy: Cyprus’ Deputy Ministry of Tourism has launched a public consultation on a National Strategy for developing diving tourism, with feedback due by Sept 15. Summer Culture in Cyprus: August’s concert calendar is heating up, with Greek and Cypriot acts touring venues across the island, including Eleni Foureira in Larnaca on Aug 5 and more shows in Paralimni, Paphos and Limassol. Visitor Practicalities: A passenger at Larnaca Airport was hit with a €15,427 customs bill after undeclared luxury watches worth about €57,000. Family Travel & Courts: A British father charged after his toddler fell from a hotel window in Paphos has been allowed to return to the UK for the funeral, with restrictions set to resume Sept 15. Health & Travel Season: Cyprus’ Blood Centre appealed for donations as daily demand rises to around 350 units during August. Markets Watch: UBS upgraded its outlook on Eurobank, citing stronger results and Cyprus’s continued contribution to group profitability.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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