Souzana Psara

International airfreight rates surged by as much as 95 per cent between February and March, as reduced cargo capacity and higher fuel prices linked to the Iran war pushed prices closer ...

A renewed threat to commercial shipping in the Red Sea and Gulf of Aden is adding to wider fears over a deepening global energy and trade shock, with separate assessments ...

Artificial intelligence is becoming more deeply embedded in both boardroom strategy and daily operations across shipping, and Island Oil Holdings chief technology officer Gregoris Gregoriou believes its real value lies ...

Cyprus’ efforts to strengthen its appeal as an international business and investment centre received backing from the Cyprus International Business Association (CIBA), whose board met President Nikos Christodoulides this week ...

The economy of the Famagusta district is coming under growing strain from the fallout of developments in the Middle East, with Paralimni-Deryneia mayor Giorgos Nikolettos warning that the new tourist ...

A child does not understand what a “rare neurological condition” means. They do not read medical reports, nor can they grasp the cost of a complex surgery. What they understand ...

Hotel operators were awaiting details on Thursday of a government wage-subsidy scheme, with the industry looking to the labour ministry for a plan due to be announced on April 2 as ...

Cyprus brought 95 students from lyceums and technical schools in Limassol and Paphos closer to the shipping industry on Tuesday, as the Deputy Ministry of Shipping held the educational day ‘Getting ...

Artificial intelligence and automation are moving beyond isolated process improvements and becoming part of a broader business transformation strategy, with Intellar co-founder Antonis Grecos arguing that organisations are increasingly looking ...

On a cool evening in Paphos, as the world’s top chess players gathered for one of the sport’s most prestigious tournaments, a parallel conversation was unfolding about a ...

The Middle East conflict could trigger a “slow-burn” increase in vessel operating costs that persists long after the initial shipping disruptions, according to maritime research firm Drewry. While the industry ...

Dublin Airport’s passenger cap poses a “real and immediate risk” to Ireland’s economic growth, IATA Director General Willie Walsh has warned. Speaking to the Joint Oireachtas Committee, Walsh ...

Greece and Cyprus are especially exposed to geopolitical shocks from the Middle East because tourism and shipping play an outsized role in both economies, despite a period of resilient growth, ...

Cyprus’ hospitality venues association (Pasika) on Monday urged the government to widen its support response to businesses hit by the Middle East crisis, saying the sector had been left outside ...

The Famagusta district is coming under economic pressure from the fallout of the Middle East war, with Paralimni-Deryneia mayor Giorgos Nikolettos saying government support measures are a step in the ...

Cypriot businesses are still grappling with high energy costs, with employers’ federation Oev warning that the issue remains a major threat to competitiveness even as the country pushes ahead with ...

Chief Scientist of the Republic of Cyprus, Demetris Skourides, delivered a high-level keynote address at the G100 Greece Diplomatic Meetings in Athens, positioning inclusive leadership not as a social imperative ...

Cyprus’ Deputy Ministry of Shipping will hold its third annual educational day, “I Know the World of Shipping,” on Tuesday, March 31, in Limassol, as part of efforts to bring more ...

Here are the top business stories in Cyprus from the week starting March 23: Parliament is set to examine a bill that would give hundreds of hotels and tourist accommodation providers ...

The European Union should review its emissions trading system to avoid undermining the competitiveness of its aviation sector as airlines decarbonise, the International Air Transport Association (IATA) said on Monday. ...

Cyprus hospitality owners association Osika has urged President Nikos Christodoulides to extend the government’s support measures to the food and catering sector, arguing that restaurants and similar venues are ...

Cyprus will begin screening certain foreign direct investments (FDI) from April 2, 2026, under a new law aimed at safeguarding national security and public order while aligning the country with the EU’...

Cyprus was among 23 EU member states that joined a coordinated consumer protection sweep which found that 30 per cent of online traders screened during Black Friday and Cyber Monday sales referenced ...

The Council of the EU and the European Parliament have reached a political agreement on the most far-reaching overhaul of the bloc’s customs framework in nearly six decades, with ...