Souzana Psara

Cypriot banks raised mortgage rates in August while cutting interest on one-year deposits for households, according to data released by the Central Bank of Cyprus (CBC). Meanwhile, the total value ...

In recent years, Cyprus has been transforming itself from a popular tourist destination into a vibrant entrepreneurial hub. But what is driving this change, and why are so many startups ...

Bank of Cyprus has recently created the new Funding Amount Calculator, a tool that helps its clients make informed financial decisions regarding new borrowing. This is yet another action that ...

The Cyprus Asset Management Company (Kedipes) has extended its life cycle by three years, with the aim of repaying €3.54 billion in state aid by 2030. This extension followed delays caused by ...

The value and volume of turnover in Cyprus’ retail trade saw a notable increase in August 2024 compared to August 2023, according to the Cyprus Statistical Service (Cystat). According to the report, ...

Limassol led the way in Cyprus’ high-value real estate transactions in August 2024, contributing significantly to the total of €20.9 million in sales across the island, according to real estate analytics firm ...

Limassol led the way in Cyprus’ high-value real estate transactions in August 2024, contributing significantly to the total of €20.9 million in sales across the island, according to real estate analytics firm ...

Cyprus’ industrial producer prices index (PPI) for August 2024 reached 124.1 points (base 2021=100), marking a slight decrease of 0.1 per cent compared to July 2024, according to a report by the Cyprus Statistical Service (...

Cyprus’ tourism revenue reached €474 million in July 2024, marking a 4.3 per cent rise compared to €454.6 million in the same month the previous year, according to data from the Cyprus Statistical Service (...

The need for diverse voices in science, technology, engineering, and mathematics (STEM) has never been more critical, particularly as the world becomes increasingly reliant on technology. Moreover, Tanya Romanyukha, the ...

Tourism in Cyprus remains an important part of the economy, but Deputy Minister of Tourism Costas Koumis warns against complacency. During an event celebrating World Tourism Day 2024 on Friday, in ...

Empowering female innovators in the technology sector The need for diverse voices in science, technology, engineering, and mathematics (STEM) has never been more critical, particularly as the world becomes increasingly ...

The European Researchers’ Night, under the motto “Mission Possible,” drew thousands of visitors to the Cyprus state fair on September 27, offering an insight into research, innovation, and science. Organised by ...

Here are the top business stories in Cyprus from the week starting September 23: On Monday, Stella Ioannidou, a financial market infrastructures and payments expert at the Central Bank of Cyprus (...

A proposal to acquire 100 per cent of the issued share capital of Proodos Public, and by extension Rodon Hotel in Agros, has been presented to its board of directors, it ...

US business professionals and executives expressed a strong interest in investing in Cyprus during a working lunch with president Nikos Christodoulides. The meeting, which took place in New York on ...

The Cypriot Union of Consumers and Quality of Life has called on the government to continue subsidies for vulnerable groups. This follows an announcement by the Finance Ministry on Thursday, ...

President of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides on Thursday called on tourism professionals to promote peace through high-quality services. He also encouraged tourism sector stakeholders to present Cyprus ...

Cyprus and China are signing on Thursday an inter-state agreement in the aviation sector aimed at liberalising flights between the two countries. The deal, to be signed in Nicosia, seeks ...

Artificial Intelligence (AI) is transforming workplaces in Cyprus today, offering higher salaries and more opportunities, according to chief scientist Demetris Skourides. “Studies have shown that, even in emerging markets, automating ...

Cyprus’ Ministry of Energy, Commerce, and Industry recently showcased the country’s business potential at the 11th China International Fair for Trade in Services (CIFTIS). The participation at the fair, ...

The prices of vegetables and greens saw a 41.7 per cent increase in August, the sharpest rise among 18 categories that recorded price hikes, according to the Cyprus Consumers Association. More reassuringly ...

Cyprus’ shipping registry has seen a 12 per cent increase in sea-going vessels, according to Deputy Minister of Shipping Marina Hadjimanolis. Hadjimanolis’ update on the Cypriot shipping registry was delivered during ...

The Women’s International Shipping & Trading Association (WISTA International) is set to hold its 50th annual general meeting and Conference from October 9 to 11 at the Amathus Beach Hotel in ...