Souzana Psara

Here are the top business stories in Cyprus from the week starting December 16: Limassol’s share of the 2025-2027 state budget has drawn the ire of the Limassol Chamber of ...

Tourist arrivals in Limassol are rising, offsetting the loss of the Russian market, according to Anthi Theocharous, VP of Tourism at the Limassol Chamber of Commerce (Evel). “Limassol absorbed a ...

Cyta on Friday announced that it will adopt digital identity verification through the government’s Digital Citizen application This new service will start on December 23, 2024, with Cyta saying that this ...

Hoteliers in Kato Pyrgos Tilliria raised key concerns over staffing, connectivity, and beach upgrades during a meeting with Deputy Minister of Tourism Costas Koumis on Thursday. According to a statement, ...

The Cabinet has approved a new De Minimis Grant Scheme to support Cypriot businesses in participating in international trade fairs, following a proposal by Energy Minister George Papanastasiou. The scheme, ...

State-owned asset management company Kedipes has repaid €1.47 billion in state aid since the start of its operations in September 2018, according to an announcement released on Thursday. This includes €310 million repaid ...

The Cabinet this week approved measures to expand labour market access for students and attract skilled professionals from abroad. These initiatives aim to address growing employment demands and boost economic ...

Bernhard Schulte Shipmanagement (BSM), a third-party ship manager headquartered in Limassol, on Thursday announced that CEO Ian Beveridge will step down on January 1, 2025. According to the announcement, Sebastian von Hardenberg, ...

EmissionLink, a Columbia Group company, is simplifying emissions management with advanced solutions to meet the upcoming FuelEU Maritime regulations, effective from January 2025. According to a statement by the company, these ...

Half of Cyprus’ hotels are open this festive season, offering special programmes for Christmas and New Year, according to Thanos Michaelides, president of the Cyprus Hoteliers Association (Pasyxe). Speaking to ...

The Cyprus Shipping Chamber (CSC) announced that its director general Thomas Kazakos, has been appointed secretary general of the International Chamber of Shipping (ICS). This makes Kazakos the first Cypriot ...

Financial technology provider payabl. on Wednesday announced that it has partnered with the Limassol municipality to support the social market initiative. This initiative delivers essential aid to residents in need ...

The Cyprus Securities and Exchange Commission (CySEC) has rolled out a revamped website aimed at improving navigation, accessibility, and features for regulated entities, investors, and the wider public. “The redesigned ...

Cyprus is set on becoming a leading voice in maritime policy and bolstering its reputation as a global shipping hub, Shipping Deputy Minister Marina Hadjimanolis said during an event in ...

Cyprus’ financial sector is undergoing a significant transformation as digital banking technologies, fintech partnerships, and sustainability initiatives reshape operations and redefine customer experiences. According to Stella Mourouzidou Damtsa, Manager Segments &...

The €170 million expansion plans for Larnaca and Paphos airports are now open for public consultation, with feedback invited until January 15, 2025. Hermes Airports, the operator under a long-term concession agreement, said ...

District local authorities are now issuing building permits within 48 hours for low-risk developments of up to two residential units (Category A). This is provided that applications were submitted before July 1, 2024, ...

Rising costs are driving restaurants and bars in Paphos to the brink, with 50-60 expected to close permanently in 2024, according to Angelos Onisiforou, chairman of the regional association of recreation ...

Limassol’s share of the 2025-2027 state budget has drawn the ire of the Limassol Chamber of Commerce & Industry (Evel), which called for action to address traffic, infrastructure, and ...

Here are the top business stories in Cyprus from the week starting December 9: The European Union’s Digital Operational Resilience Act (DORA), taking effect on January 17, 2025, will impose tougher cybersecurity ...

Cyprus unveiled an ambitious aviation strategy during an event held on Thursday by the Mediterranean Flight Safety Foundation (FSF-MED) in Nicosia. At the event, Transport Minister Alexis Vafeades outlined plans ...

CEO and co-founder of Ask Wire, Pavlos Loizou, is transforming real estate analytics in Cyprus and Greece with over 20 years of experience in valuation, asset management and strategy. Through tools ...

The Cypriot economy showed robust growth across key sectors during January-October 2024, according to a report released on Thursday by the Cyprus Statistical Service (Cystat). The report showed that manufacturing output ...

Andreas Poullikkas, has drawn attention to the pivotal roles of the Henry Hub (HH) in the United States and the Title Transfer Facility (TTF) in Europe in shaping global natural ...