Souzana Psara

Here are the top business stories in Cyprus from the week starting October 13: Cyprus’ property market is calmer this year, with foreign demand still providing momentum even as higher borrowing ...

The IATA World Safety and Operations Conference (WSOC) opened in Xiamen, China, bringing together global aviation leaders to discuss safety, resilience, and the future of global operations amid rising geopolitical ...

Global mergers and acquisitions in 2025 tell a story of contrasts, with fewer deals being struck but total values soaring, reflecting a market driven by concentration rather than volume, according to ...

The Consumer Price Index (CPI) in Cyprus remained unchanged in September 2025 compared with September 2024, according to data released on Friday by the state statistical service. On a monthly basis, the ...

Astrobank Public Company Ltd has reduced its stake in Atlantic Insurance Company Public Ltd from 5.23 per cent to 4.85 per cent, according to a relevant announcement.  Atlantic Insurance announced that it ...

The International Air Transport Association (IATA), in collaboration with global consulting firm Oliver Wyman, has released a new joint study titled Reviving the Commercial Aircraft Supply Chain, revealing the growing ...

President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development strategy, and upcoming ...

Cyprus and Egypt have taken a decisive step toward deepening maritime cooperation, following the first meeting of the Joint Maritime Committee (JMC) held in Limassol, October 15-16. The meeting marked ...

Cyprus spent €213.6 million on research and development (R&D) in 2023, equivalent to 0.68 per cent of GDP, according to data released by the Statistical Service (Cystat) on Thursday. This marks ...

Invest Cyprus on Thursday welcomed US-based technology company TKI to Cyprus following the merger between Hybrid ConsulTech, now renamed TKI EMEA, and TKI, a leading provider of enterprise-grade artificial intelligence ...

The Tax Department has issued a new circular clarifying when VAT should be charged on entry to concerts, performances, exhibitions and other cultural events, particularly when admission is combined with ...

The Cyprus Land Development Corporation (Koag) has announced the launch of applications for its affordable housing scheme, covering the districts of Nicosia, Limassol, and Larnaca.  The application period began on ...

Succession remains the biggest challenge for family businesses in Cyprus and around the world, according to Renos Ioannides, managing director and head of the family business group at KPMG Cyprus. ...

The upcoming Cyprus Presidency of the Council of the European Union, set for the first half of 2026, is expected to deliver tangible benefits for the country’s hotel and tourism ...

The Cyprus Union of Shipowners (CUS) has appealed to EU Member States, and in particular to the Government of the Republic of Cyprus, to vote against the proposed International Maritime ...

Cyprus and the United Arab Emirates reaffirmed their commitment to strengthening bilateral economic relations and investment cooperation during a meeting between Cyprus’ Minister of Energy, George Papanastasiou, and the UAE ...

The top 100 most valuable real estate transactions in Cyprus during July and August 2025 totalled €201.4 million, according to data released by property technology firm Ask Wire, which monitors real estate transactions, ...

Building permits in Cyprus fell sharply by 58.4 per cent in June 2025, according to the Statistical Service (Cystat), reflecting a sharp slowdown in construction activity following administrative changes to the licensing ...

The Cyprus Union of Shipowners (CUS) has appealed to EU Member States, and in particular to the Government of the Republic of Cyprus, to vote against the proposed International Maritime ...

Ship management revenues in Cyprus rose to €978 million in the first half of 2025, marking a 6.7 per cent increase compared with the second half of 2024, according to the Central Bank of ...

The European Commission’s sweeping proposal to overhaul tobacco and nicotine taxation has triggered strong reactions among EU member states after its presentation at the Economic and Financial Affairs Council (...

The Cyprus Shipping Deputy Ministry (SDM) on Tuesday announced the official launch of the Cyprus Shipping 1-Stop-Shop Portal (CYSh1P), a centralised digital platform designed to streamline and modernise all ...

Consulting and advisory firm PwC Cyprus on Tuesday released a statement recapping its annual meeting, which brough together more than 150 senior executives of the organisation. The event, which took place ...

Energy Minister George Papanastasiou is in Dubai this week, leading the country’s delegation at GITEX Global 2025, one of the world’s largest technology and innovation exhibitions, taking place from ...