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Tourism in Cyprus occupies a dominant position in the country's economy, and has significantly impacted its culture and multicultural development throughout the years. [3] [4] In 2006, the tourism industry made up 10.7% of the country's GDP and the total employment in the tourism industry was estimated at 113,000 jobs. [5]
Tourism revenue in 2011 was USD400 million. [3] The number of tourists visiting Northern Cyprus: January–August 2003: 286,901; [2] January–August 2006: 380,000,; 2010: 437,723 [4] Golden Beach at Karpaz Peninsula, at sunset. The sandy beaches are often used as habitats for green turtles.
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
Holders of an ordinary Northern Cypriot passport can visit one country ( Turkey) without the need to obtain an entry visa. The passport is accepted as a travel document by only three countries because Northern Cyprus has limited international recognition. Usually, no visa is placed in the document. Countries that accept the Northern Cypriot ...
Dyninno Group is a technology company that provides products and services in the travel, fintech, and entertainment sectors in 50 countries. It was founded in San Francisco , United States, in 2004. As of 2022, Dyninno Group employs more than 5,400 people in the US, the UK, Canada, India, Colombia, Latvia, Moldova, Romania, Egypt, the ...
Transport in Cyprus consists of transport by land, water and air. Road transport is the primary mode of transport for most Cypriot citizens, and Cyprus's road transport systems are well-developed and extensively used across the island. Because Cyprus no longer has a working railway system, various other methods of transport are needed to ensure ...
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