Cyprus Airways to launch new Greece route
National flag carrier Cyprus Airways this week announced the launch of a new route between Larnaca and Preveza, which is set to begin on June 29 with two weekly flights.
The ...
Articles
Turkish economy facing many challenges, says Cypriot economist
The Turkish economy is in a difficult situation, with record levels of foreign currency sales to support the Turkish lira, which no longer accurately reflects the economy, according to professor ...
Cyprus Business Now
The Central Bank of Cyprus (CBC) on Tuesday reported that total deposits in April 2023 recorded a net decrease of €173.3 million, compared to a net increase of €59.8 million in March 2023.
The ...
Cypriot university joins international project for high-risk groups
European University Cyprus on Tuesday announced that its school of medicine has joined the VERDI project, a “Horizon Europe” project that prioritises vulnerable populations, including pregnant women, children and other ...
Limassol housing issue needs to be addressed, says Akel
Akel general secretary Stefanos Stefanou on Tuesday addressed the pressing issue of housing affordability in Limassol, noting that the city’s homeownership and rental costs are much more pronounced compared ...
Borrowers association says foreclosures are not necessary
Syprodat said that borrowers are willing to renegotiate their loans but are finding it difficult
The Association for the Protection of Borrowers (Syprodat) this week said that the key to ...
Cyprus Business Now: weekly wrap-up
Here are the top business stories in Cyprus from the week starting May 22:
Talks between the government and US energy giant Chevron appeared to move in a positive direction on ...
Hundreds take part in Pride parade in Nicosia
Under the slogan ‘Together we Thrive’, the Cyprus Pride Parade was underway in Nicosia on Saturday evening as part of the Cyprus Pride Festival 2023 organised by Accept-LGBTI Cyprus.
(Photo: Hanna ...
Ground and air crews battle forest fire near Kathikas, Paphos
A fire that broke out on Saturday at 3pm near the village of Kathikas in Paphos was still not under control three hours later, authorities said.
Crews from the forestry ...
Greek Cypriots and Turkish Cypriots unite to demand new crossings
Greek Cypriots and Turkish Cypriots joined forces on Saturday at the Ledra Palace, demanding the opening of new checkpoints, streamlined procedures at crossing points, and the reunification of Cyprus within ...
Children bring superheroes to life through art at Larnaca airport
A group of children animated the characters of Batman, Minnie Mouse, Frozen, Spiderman, and various other beloved children’s heroes, transforming a section of the parking area at Larnaca airport ...
Man remanded after theft of motorcycles worth €19,000
Police on Saturday said that a 28-year-old man appeared before the district court of Paphos for an ongoing investigation into a burglary and the theft of two motorcycles.
According to ...
Akel proposes creation of Office for Turkish Cypriot Affairs
In a move aimed at strengthening cooperation between the two communities and rekindling hope for a solution to the Cyprus issue, Akel has submitted a range of measures to president ...
Ayia Napa tavern suffers gas leak from corroded cylinder
The fire service on Saturday said that a gas leak incident was reported and resolved in a tavern in Ayia Napa on Friday night.
The incident, which took place around 8...
Environmental protection meets business innovation in Limassol
The implementation of good practices, the application of technologies related to the decarbonisation of coastal cities and the improvement of the quality of life of residents were the focus of ...
Cyprus services sector deterioration adds to economic challenges
National strategy will aim to increase foreign direct investment in key sectors
A deterioration of Cyprus’ business climate in the services sector further impacted the economic climate in May, with ...
Cyprus Business Now
The Association for the Protection of Borrowers (Syprodat) this week called said that the government must deal thoroughly and provide immediate solutions to the problems of borrowers.
“Up until this ...
State service to conduct massive research on salaries for 2022
The study will take into consideration the salaries of 40,000 employees in Cyprus
The Cyprus Statistical Service (Cystat) this week announced that it has commenced its research on earnings for the ...
Junior Achievement Cyprus to host awards ceremony for startup programme
Junior Achievement Cyprus (JA Cyprus) is set to host the highly anticipated Finale and Awards Ceremony of the “JA StartUp 2023” programme, according to an announcement recently released by the organisation.
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‘Cyprus presents a dynamic and promising business ecosystem’
The Cyprus Mail sat down with financial markets veteran Matteo Paganini to discuss the pursuit of revenue growth, the current economic climate, and the evolution of Cyprus as a business ...
TechIsland launches startup school, seeking to empower local entrepreneurs
Non-profit organisation TechIsland this week announced the launch of “Startup School,” an innovative workshop series designed to empower startups in Cyprus.
“This groundbreaking initiative, powered by Zubr Capital, a renowned ...
Cyprus Business Now
In a concerted effort to support initiatives aimed at protecting the marine environment, Kition Ocean Port and Kition Ocean Marina announced this week they have become members of the Cyprus ...
Cyprus domestic bond yields continue to rise
In line with the upward trend in global central bank interest rates driven by high inflation, domestic bond yields issued by the Republic of Cyprus have continued their upward trajectory.
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Junior Achievement Cyprus to hold student entrepreneurship event
Junior Achievement Cyprus, a member of the world’s largest non-profit organisation dedicated to educating students on entrepreneurship, this week announced that in collaboration with Metlife, will organise a trade ...