Souzana Psara

Alkis H. Hadjikyriacos (Frou-Frou Biscuits) delivered a steady performance in 2024, with resilient sales, stronger profits and a solid balance sheet. The group benefited both from its established product lines and ...

Here are the top business stories in Cyprus from the week starting September 22: The government will continue to back the Larnaca local district organisation (EOA) as it seeks to become ...

Global shipping, which carries around 80 per cent of world merchandise trade, is stagnating as the sector struggles with geopolitical instability, new tariffs and shifting sea lanes, the United Nations said ...

Petroleum product sales in Cyprus fell by 1 per cent in August 2025 compared to the same month last year, reaching 123,378 tonnes, according to the statistical service (Cystat). The decline was mainly ...

Foreign demand for property in Paphos continues to dominate Cyprus’ real estate market, with 5,477 applications submitted by third-country nationals to acquire property in the district over the past five years, ...

Paphos marked World Tourism Day by highlighting its drive towards sustainable and digital transformation in the sector. The Paphos Regional Tourism Board (Etap) pointed to efforts to make travel to ...

Construction material producer Kythreotis Holdings on Friday reported a 28 per cent rise in profit for the first half of 2025, driven by stronger income from its ready-mix concrete operations. Net profit ...

Agros development company Proodos Public Ltd, which manages the Rodon Hotel in Agros, has appointed Karan Chainrai as a non-independent, non-executive director in a move it said aims to further ...

The National Betting Authority on Friday reported that Cyprus’ betting sector revenues remained steady in the first quarter of 2025, holding at last year’s levels but marking a sharp rise ...

The European Union relied heavily on maritime transport for international trade in goods in 2024, Eurostat data showed this week. Imports by sea reached 1.1 billion tonnes, valued at €1.25 trillion, while exports ...

Two financing agreements totalling €55 million were signed on Thursday by Finance Minister Makis Keravnos, EIB vice president Kyriacos Kakouris and CING chief executive Leonidas Phylactou. At the signing, which took ...

Cyprus’ tourist accommodation sector continued to rely heavily on foreign visitors in the first half of 2025, according to Eurostat data published on Thursday. The figures were released to mark World ...

The Secretary-General of the International Maritime Organisation (IMO), Arsenio Dominguez, warned that the ocean is under threat, stressing that its decline is driven by human activities but can still be ...

Cyprus’ state-owned asset management company Kedipes posted mixed results in the first half of 2025, with stronger restructuring activity offset by weaker inflows, while continuing to repay state aid and expand ...

The Cyprus Property Developers Association this week welcomed progress in drafting a modern legal framework for co-owned buildings, saying it would address long-standing problems and improve residents’ quality of life.  ...

Lordos Hotels reported a sharp turnaround in its first-half results for 2025, posting a net profit of €605,800 compared with a loss of €236,800 a year earlier, the company said this week. Profits ...

The Central Bank of Cyprus (CBC) on Wednesday published updated data on non-performing loans and banking sector profitability, balance sheet and capital adequacy for the period ending June 30, 2025. According to ...

The European Union posted a €23 billion trade surplus in high-tech products in 2024, returning to positive territory after a €15 billion deficit the year before and four consecutive years in the red, ...

Leading Greek and international shipowners gathered in Athens on Tuesday for the TradeWinds Shipowners Forum Greece 2025, debating how to navigate geopolitical turbulence, commercial risk and the accelerating push to decarbonise ...

Eurozone employees are reluctant to give up a significant share of their wages for the option to work from home, despite reporting high levels of satisfaction with hybrid arrangements, a ...

The Central Bank of Cyprus (CBC) on Tuesday forecast steady growth for the Cypriot economy in 2025. According to its September 2025 macroeconomic projections, gross domestic product (GDP) is expected to rise ...

Cyprus-based owners are accelerating investments in dual-fuel and energy-efficient ships, backed by government incentives, as global fleet control remains concentrated among a handful of players led by Mediterranean Shipping Company (...

Finance education stands out for combining theory, practice, behavioural insights, and global financial systems, according to Constantinos Kourouyiannis, president of CFA Society Cyprus. In a piece of analysis released on ...

Civil servants who declare they are working from home but are found in coffeeshops or other locations will face disciplinary action under a bill extending remote work in the public ...