Cyprus Industrial Turnover Up 8.7% In December 2008

Industrial turnover was strong in December according to the latest figures from the Statistical Service. The industrial turnover index reached 165.7 (base 2000=100), recording an increase of 8.7% compared with December 2007. Industrial production in the same period rose by only 1.9%, however.

For the period January-December 2008 turnover rose by 12.8% compared to the same period of the previous year, while production rose by 2.6%. The index comprises mining and quarrying, manufacturing, electricity, gas and water supply. For manufacturing, the index for December 2008 reached 158.1, recording an increase of 5.3% compared with December 2007.

Source: Financial Mirror

Etihad will fly from Abu Dhabi to Larnaca in Cyprus from June

Good news for travellers, Etihad will be flying to Cyprus three days a week from June.

James Hogan, Etihad Airways’ chief executive, said: “The launch of flights to Larnaca illustrates Etihad’s ambitions to strengthen our European network and we anticipate strong demand for flights which will help open up new commercial and cultural ties between the UAE and Cyprus.”

He added: “The new route also offers excellent connecting opportunities in Abu Dhabi, helping to link Larnaca with Cypriot communities worldwide and our new service this month to Melbourne will benefit greatly with the start-up in June of flights from Cyprus.”

The flights, scheduled to for Wednesday, Friday and Sunday, will also appeal to the UAE community who will be able to visit the attractive island for short weekend breaks.

Source: Time Out Dubai 2 March 2009