Souzana Psara

Here are the top business stories in Cyprus from the week starting February 9 : Shipping Deputy Minister Marina Hadjimanolis carried out a working visit to Athens and Alexandria between February 4 and 9, ...

Cyprus has approved a new National Tourism Strategy to 2035, targeting 5 million visitors while upgrading quality and ensuring development respects sustainable principles, Deputy Tourism Minister Kostas Koumis said on Friday after ...

Cyprus’ economy recorded stronger growth in the fourth quarter of 2025, with new national and European data confirming that the country continued to outperform the wider region. According to a flash ...

Cyprus’ house energy committee is examining revised opening hours for recreation centres, as part of a government bill aimed at modernising the catering sector and strengthening the competitiveness of the ...

Building activity in Cyprus continued to strengthen in October 2025, according to data released on Friday by the state statistical service (Cystat). A total of 855 building permits were authorised during the ...

The Cyprus Information Technology Enterprises Association (CITEA) on Friday expressed satisfaction with the initiative to restore Sopaz and the wider revitalisation plans for the area. CITEA’s president George Malekkos ...

Cyprus has reaffirmed its commitment to gender equality in science, technology and innovation, describing it as a cornerstone of socio-economic development. Speaking at the 11th Assembly of the Royal Academy ...

The cruise industry can become a key driver of growth for the Cypriot economy, provided it operates with sustainable practices and respect for the city, DP World Limassol CEO Simon ...

There are no plans at present to impose water supply cuts on hotel units or industrial facilities, either in Limassol or nationwide, the director of the Water Development Department (WDD), ...

Airports and airlines warned the European Commission that the rollout of the Schengen Entry/Exit System (EES) is already causing significant delays at border control, with waiting times reaching up ...

Cyprus’ tax reform has revised rates and deductions and also substantially raised financial penalties, with the changes entering into force on January 1. According to Philenews, the objective is to make ...

Aegean Airlines will resume flights between Paphos and Athens, adding three weekly services from July 3, 2026, according to an announcement by the Paphos regional tourism board (Etap). The decision was discussed ...

Cyprus’ tax reform has revised rates and deductions and also substantially raised financial penalties, with the changes entering into force on January 1. According to Philenews, the objective is to make ...

A new strategic partnership is set to upgrade the private travel experience within Greece, as Zela Jet, owned by Cypriot entrepreneur Andreas Christodoulides, announces its collaboration with Fly Cycladic, one ...

President Nikos Christodoulides has referred back to parliament the law allowing hotels and tourist accommodation to operate for up to five years under a special permit, citing violations of the ...

The forex market requires strong emphasis on investor protection, proper information and cultivation of financial literacy, Finance Minister Makis Keravnos said on Wednesday. At the same time, Cyprus Securities and ...

Cyprus’ banking sector recovery after the 2013 crisis reflects “the coherent and consistent functioning of two essential pillars, banks’ commitment to act and supervisors’ firm oversight,” said George Ioannou, member of ...

SOFTSWISS, a global technology provider of software solutions for the iGaming industry, took part in TechIsland’s seventh MarComms Community Meetup in Cyprus, where its chief marketing officer Valentina Bagniya ...

Total government employment in Cyprus recorded an increase in January 2026, reaching 55,364 persons, according to a report released by the statistical service (Cystat) on Wednesday. The data showed mixed developments across ...

The number of bounced cheques recorded in Cyprus in January 2026 stood at 17, with a total value of €47,091, according to figures released on Wednesday by the Central Bank of Cyprus (CBC). ...

The Cyprus Land Development Organisation (Koag) is implementing 192 apartments under the affordable housing scheme, its president Elena Koushos Hadjidemetriou said at a press conference, outlining a wider expansion of the ...

Cyprus is highlighted in a new EU-backed study examining the gender investment gap across Europe, particularly in deep tech, a category of innovation which, according to the report, is central ...

Signals for the upcoming summer tourism season are encouraging, with a steady flow of bookings from all markets, particularly favouring the Famagusta district, according to Panayiotis Constantinou, president of Famagusta ...

Safe Bulkers companies were ranked among the world’s leading port state control (PSC) performers in the latest assessment by RISK4SEA, reinforcing the Cypriot-linked group’s safety record in ...