Souzana Psara

Promed Bioscience, a biotech company specializing in advanced collagen-based biomaterials for regenerative medicine, has successfully closed a €1.25 million growth financing round led by KV Fund II. Overall, the investment emphasises ...

GDEV Inc., an international gaming and entertainment company headquartered in Limassol, published its unaudited financial and operational results for the third quarter this week, reporting lower revenue but stronger profitability ...

IDEA Innovation Centre of Bank of Cyprus (BoC) has opened applications for its 11th Startup Programme, inviting entrepreneurs who want to turn an innovative concept into a functioning business. Applications ...

The Emirates Shipping Association brought the UAE’s maritime community together on Thursday evening for Latitude 25° at the Jumeirah Emirates Towers Terrace, an event aimed at reflecting on a busy ...

Stable restraint in consumer prices continued in October, according to the monthly price observatory published by the Consumer Protection Service, with annual inflation remaining negative for a sixth consecutive month. ...

The Bank of Cyprus (BoC) has been named ‘Best Private Bank in Cyprus 2026’ by Global Finance outlet, a move that further consolidates its lead in the local private banking market. ...

Cypriots remain determined to squeeze in at least one more meaningful experience before the year ends, according to a new Mastercard survey covering 20 countries, including Cyprus. Despite the calendar closing ...

Deloitte Cyprus has strengthened its leadership team with the appointment of Vaios Makrygiannis as Partner and Transfer Pricing Leader, effective December 1, 2025, the firm said. Makrygiannis joins from Deloitte Greece, where ...

Marios Tsiakkis has taken on a new role as a Non-Executive Director at Baker Tilly South East Europe, almost a year after stepping down from the Cyprus Chamber of Commerce ...

Cyprus’ Deputy Minister of Shipping Marina Hadjimanolis is in London this week for the 34th General Assembly of the International Maritime Organisation (IMO), where she will lead the Cypriot delegation ...

European businesses expect the upcoming Cyprus Presidency of the Council of the EU to deliver concrete progress on competitiveness and regulatory simplification, according to Fredrik Persson, president of BusinessEurope, during ...

The Emirates Shipping Association brought the UAE’s maritime community together on Thursday evening for Latitude 25° at the Jumeirah Emirates Towers Terrace, an event aimed at reflecting on a busy ...

Here are the top business stories in Cyprus from the week starting November 17: The Cyprus Chamber of Commerce and Industry (Keve) on Monday released a statement summarising the recently-held annual ...

Inditex, the group behind Zara, Stradivarius, Oysho and Massimo Dutti, closed 136 stores in the first quarter of 2025 as it accelerates a shift towards larger, more technologically advanced outlets.   The move ...

Cyprus risks losing up to €695.2 million in annual government revenue if a new proposal expands the number of companies allowed to undergo a simple financial review instead of a full ...

Cyprus residents spent a total of €2.37 billion on domestic and outbound travel in 2024, according to figures released by the Cyprus Statistical Service on Friday. Overall, 543,526 residents made at least one ...

Cyprus will stop accepting personal cheques for payments to the state from January 1, 2026, as the Treasury moves to a faster and more secure collection system. According to an announcement released ...

Loan and real estate management company doValue Cyprus on Friday announced that it has acquired a majority stake in Omnitouch Cyprus Ltd, thereby expanding its footprint in outsourced customer-support and ...

Adobe has agreed to buy Semrush for $1.9 billion, acquiring the Boston-based software platform that also operates a major office in Limassol, as the Photoshop maker moves to strengthen its marketing ...

The association of large investment projects renewed its call this week for a new deputy ministry focused on development and competitiveness. Addressing president Nikos Christodoulides, association president Andreas Demetriades said ...

Limassol-based Island Oil Holdings is moving ahead with a wide digital transformation programme centred on artificial intelligence. The group “is taking decisive steps to embed Artificial Intelligence (AI) across our ...

Cyprus will continue its efforts to modernise the way the government operates and strengthen its investment appeal, president Nikos Christodoulides pledged on Thursday. Addressing the general assembly of the association ...

Cyprus will continue its efforts to modernise the way the government operates and strengthen its investment appeal, president Nikos Christodoulides pledged on Thursday. Addressing the general assembly of the association ...

Limassol led the way in Cyprus’ high-value real estate transactions in September 2025, contributing significantly to the total of €21.3 million recorded across the island, according to real estate analytics firm Ask ...