Cyprus travel expo attracts more than 10,000 visitors
The 25th edition of the Travel Expo Cyprus, held from April 19th to 21st at the Cyprus state fair grounds, welcomed more than 10,000 visitors, both local and international, who were ...
Articles
Hellenic Bank reportedly close to insurance company acquisition
Hellenic Bank is reportedly on the verge of finalising a deal with French insurer CNP Assurances to acquire its insurance operations in Cyprus, it emerged on Wednesday.
Citing sources within ...
Project to align higher education with job market — 13,000 businesses to take part
The Department of Higher Education of the Ministry of Education is set to implement a project aimed at linking the country’s higher education with the labour market, according to ...
Cyprus Business Now
President Nikos Christodoulides on Tuesday addressed the Cyprus Employers and Industrialists Federation (Oev), during the federation’s annual general meeting, where he reiterated the government’s support for the local ...
President reiterates support for businesses — wants to “turn challenges into opportunities”
President Nikos Christodoulides on Tuesday addressed the Cyprus Employers and Industrialists Federation (Oev), during the federation’s annual general meeting, where he reiterated the government’s support for the local ...
Cyprus Business Now
Cyprus’ Composite Leading Economic Index (CCLEI) fell by 0.9 per cent in March 2024, when compared to the same month from the previous year, according to a report released on Monday by ...
CBC confirms May bank holidays
The Central Bank of Cyprus (CBC) has released a statement notifying the public of scheduled closures for all banks on several upcoming dates.
The closures are as follows:
Wednesday, May 1, 2024: ...
CBC governor wants to address interest rate disparity
The newly appointed governor of the Central Bank of Cyprus (CBC) Christodoulos Patsalides has deemed today’s interest rate disparity between lending and deposit rates in Cyprus unsatisfactory, suggesting various ...
Cyprus government records €918.7 million surplus in 2023
The Cyprus government recorded a fiscal surplus of €918.7 million in 2023, constituting 3.1 per cent of the Gross Domestic Product (GDP), with government debt reaching €23.03 billion, accounting for 77.3 per cent of GDP, ...
President to attend employers AGM — key labour issues in the spotlight
The Cyprus Employers and Industrialists Federation (Oev) has highlighted some of the key labour issues it addressed during 2023, ahead of its annual general assembly scheduled for Tuesday, April 23, an event ...
Former Cyprus Airways CEO joins UK travel-tech firm
Former Cyprus Airways CEO Paul Sies has joined travel-tech company Journey Mentor as president and chief executive officer, according to an announcement released on Monday.
Journey Mentor, which is based ...
Cyprus economic index falls amid global uncertainty
Cyprus’ Composite Leading Economic Index (CCLEI) fell by 0.9 per cent in March 2024, when compared to the same month from the previous year, according to a report released on Monday by ...
Cyprus Business Now
Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process.
Labour Minister Yiannis Panayiotou heralded the development “after a long ...
CySEC slaps Cyprus firm with €360,000 fine
The Cyprus Securities and Exchange Commission (CySEC) on Friday announced a decision to impose fines amounting to €360,000 on the Cyprus Investment Firm (CIF) MCA Intelifunds.
“The Board of CySEC reached ...
Digital identity, signature coming soon — AI “here to stay”
Deputy Minister of Research Nicodemos Damianou on Friday stated that the public can expect to see concrete progress in the digital transition within the year, referring to specific timelines for ...
€10,000 for SME energy efficiency
The Cyprus Chamber of Commerce & Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, has announced a call for proposals for the EENergy project, offering grants ...
€20 million for new businesses — youth and women key recipients
The Cyprus Chamber of Commerce & Industry (Keve), in conjunction with the Ministry of Energy, Commerce, and Industry and the Cyprus Youth Organisation (Onek), this week announced the second call ...
Cyprus Business Now
Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...
Minister welcomes IMF debt ratio revision — Cyprus to reach key figure a year earlier
Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...
Cypriot capital markets to benefit from EMTN dual-listing
The Finance Ministry, in collaboration with SIX, a financial market infrastructure company, and the Cyprus Stock Exchange (CSE), on Thursday announced the successful activation, referred to as going live, of ...
Cyprus Business Now
President of the association of Hotel Professionals of Cyprus (Pasydixe) Christos Angelides has called for more agility in the local tourism sector, saying that any long-term strategy remains vulnerable to ...
MSC Aries: seafarers safe, negotiations for release ongoing
The Mediterranean Shipping Company (MSC), a global shipping giant with offices in Limassol, on Wednesday issued an update regarding the seizure of the MSC Aries in the Strait of Hormuz ...
Cyprus consumer price index drops to 1.6 per cent in March
The annual inflation rate of the Harmonised Consumer Price Index in Cyprus dropped to 1.6 per cent in March, mainly driven downward by a decrease in energy prices, according to a ...
Cyprus tourism urged to embrace politeness and hospitality
President of the association of Hotel Professionals of Cyprus (Pasydixe) Christos Angelides has called for more agility in the local tourism sector, saying that any long-term strategy remains vulnerable to ...