Souzana Psara

Cyprus shipping faces another period of uncertainty after four days of negotiations at the International Maritime Organisation (IMO) ended without an agreed new text for the global rules intended to ...

Cyprus and Bahrain signed a new memorandum of understanding (MoU) on maritime cooperation, expanding ties across maritime safety, training, search and rescue and innovation following high-level talks in Manama on ...

Here are the top business stories in Cyprus from the week starting August 31: Euro area consumers became slightly more optimistic about inflation and economic growth in July, although the latest ...

Cyprus’ young robot builders will arrive at European University Cyprus on September 19 knowing almost everything their machines must do. Then, shortly before the national competition begins, the organisers will change ...

Seafarers must not be drawn into geopolitical conflicts or used as leverage in disputes over international waterways, International Chamber of Shipping (ICS) secretary-general Thomas Kazakos told shipping leaders in Hamburg ...

Cyprus’ Industrial Turnover Index rose by 3.5 per cent in June 2026, reaching 149.5 units, according to figures released on Friday by the statistical service (Cystat).  For the first six months of the ...

Cyprus’ latest rise in inflation is being driven by imported energy costs rather than excessive domestic demand or looser fiscal policy, economist Tassos Yiasemides said, warning that the pressure is ...

Cyprus has seen no evidence that large companies are leaving because of the global minimum tax, Finance Minister Makis Keravnos said this week, dismissing reports of an impending corporate exodus ...

Cyprus borrowing rates were broadly in line with the euro area median in July, while deposit rates remained the lowest in the euro area, according to the Central Bank of ...

Cyprus inflation accelerated to 3.5 per cent in August, as rising fuel prices and air fares drove a sharp increase in transport costs, according to figures released on Thursday by the ...

Cyprus’ registered unemployed rose by 7.2 per cent in August, with the increase driven mainly by public administration, education, administrative and support services, and information and communication, according to figures released ...

Turnover across Cyprus’ services and transport sectors moved in different directions during the second quarter of 2026, with professional services posting the strongest growth while accommodation and administrative support activities declined. ...

Cyprus shoppers continued to give Jumbo a lift in August, with sales at its stores on the island rising by approximately 9 per cent year on year, following a 14 per cent ...

Cyprus brought its home-grown maritime technology to an international audience in Hamburg on Wednesday, with local companies presenting tools designed to make ships safer, cleaner and more efficient.  The Cyprus ...

Cyprus’ new-home market split sharply along district lines in the first half of 2026, with Nicosia recording the most sales, Limassol attracting the largest share of spending and Paphos posting the ...

Cyprus’ hotel sector is hoping to limit its losses for 2026 to around 10 per cent, after a difficult spring was followed by more encouraging bookings in July and August, the director-general ...

Cyprus travellers can pay to shorten security and passport queues, but the same words mean very different things from one airport to another Fast Track sounds reassuringly simple until a ...

Limassol’s seafront will become an open-air gateway to the world of shipping on October 10, as the Thalassa festival returns with a full day of interactive activities aimed particularly at ...

More planning and building permit applications were cleared than filed in Larnaca in July, allowing the district authority to work through older cases while keeping pace with new demand. The ...

The Clean Shipping Coalition has called on International Maritime Organisation (IMO) member states to hold firm in their support for the Net-Zero Framework, according to a statement released this week.  ...

Cyprus is preparing a new interbank payment service that would allow customers to send money using only the recipient’s mobile phone number, with its introduction currently being considered for ...

Global air passenger demand increased by 0.2 per cent year-on-year in July 2026, despite declines in North America and the Middle East, according to figures released this week by the International Air ...

Full impact study not required for Kato Polemidia production and distribution complex Keo’s planned €25 million beverage factory in Kato Polemidia has cleared its environmental screening, bringing the Limassol project ...

Cyprus’ success in replacing lost Russian visitors by opening up new tourism markets has won international recognition, Deputy Tourism Minister Kostas Koumis said. Speaking at the opening of an international ...