Souzana Psara

Average monthly earnings in Cyprus continued to rise during the second quarter of 2025, with gross salaries increasing by 4.2 per cent compared to the same period last year, according to provisional ...

Cyprus recorded one of the largest decreases in household electricity prices across the European Union in the first half of 2025, with costs falling by 9.5 per cent compared with the same ...

Cyprus is gearing up for another strong tourism year, setting out a €74.6 million budget for 2026 that puts sustainability and year-round growth at the heart of government policy. Presenting the figures ...

Cyprus’ long-standing ambition to transform into a year-round tourist destination is gradually taking shape, with recent developments indicating growing momentum as hotel operators and tourism authorities align behind a shared ...

Cyprus’ property market has entered 2025 with renewed confidence and a sense of maturity. What began as a post-pandemic recovery has evolved into a steady, data-driven expansion fuelled by foreign investment, ...

The Women’s International Shipping and Trading Association (WISTA International) and BIMCO, the global trade association representing 64 per cent of the world’s tonnage, have signed a Memorandum of Understanding (...

Cyprus, one of Europe’s leading maritime nations, continues to strengthen its role in the continent’s decarbonisation drive, with Philippos Philis, CEO of Lemissoler Group and former president of ...

Paphos businesses expressed strong concern over bureaucracy, stalled development projects, and high energy costs at the annual general assembly of the Paphos Chamber of Commerce and Industry (Evel). During the ...

Cyprus’ property market has entered 2025 with renewed confidence and a sense of maturity. What began as a post-pandemic recovery has evolved into a steady, data-driven expansion fuelled by foreign investment, ...

Safe Bulkers Inc., the New York Stock Exchange-listed shipping company led by CEO Polys Hajioannou, held its 5th annual scholarship award ceremony last week, at its Limassol offices, reaffirming its ...

The economic history of Cyprus is a tale of resilience, often defined by its agile recovery from external shocks and its strategic location. Yet, the demands of the modern global ...

Deposits in Cypriot banks rose sharply in September, while lending also strengthened, reflecting resilient liquidity and stable credit demand, according to the Central Bank of Cyprus (CBC).  In its Monetary ...

Cyprus launched the International Maritime Tourism Festival 2025 this weekend at Ayia Napa Marina, with President Nikos Christodoulides pledging to make the island a leading maritime tourism hub in the Eastern ...

Passenger traffic at Larnaca and Paphos airports surpassed 10 million in the first nine months of 2025, marking a new record for Cyprus’ aviation sector.  According to new data from Hermes Airports, ...

Here are the top business stories in Cyprus from the week starting October 20: The International Chamber of Shipping (ICS) expressed disappointment following the conclusion of the International Maritime Organisation’s (...

Interest in maritime studies has been steadily growing in Cyprus, mirroring the island’s long-standing relationship with the sea and the strength of its shipping industry.   At the Cyprus University ...

The International Maritime Organisation’s (IMO) decision to postpone the adoption of its proposed Net Zero Framework has sent ripples through the shipping and energy markets, with analysts warning that ...

The Cyprus Agricultural Payments Organisation (CAPO) is participating with three officers in the ArcGIS Greece–Cyprus 2025 User Meeting, which focuses on the latest developments in Geographic Information Systems (GIS) technology ...

Foreign appetite for Cypriot real estate shows no sign of slowing, with 1,669 properties sold to overseas buyers in the past year, according to data submitted to Parliament by Interior Minister ...

The Cyprus tax department has uncovered around 300 individuals and legal entities, including several foreign residents, who earned income through OnlyFans and other online platforms without declaring it. According to Politis, ...

Cyprus has taken another step towards digital transformation as the government, including all ministries, several municipalities and EOA, adopts the electronic invoicing service offered by Jinius, the integrated business ecosystem ...

The government’s plan to establish a new framework for jointly owned buildings appears to be facing major obstacles, as the five provincial local government organisations (EOAs) have expressed strong ...

Cyprus took an important step towards securing its place on the European and international space map on Thursday, with the signing of a Memorandum of Understanding (MoU) with the European ...

Close cooperation between the government and businesses is essential, said Energy Minister George Papanastasiou at the 63rd general assembly of the Limassol Chamber of Commerce and Industry (Evel). This cooperation, ...