Souzana Psara

Black Friday delivered a small lift to retail sales in Cyprus, as a drop in temperatures and end-of-month deals encouraged shoppers to buy winter clothing, according to industry stakeholders. However, ...

Here are the top business stories in Cyprus from the week starting November 25: Andrew Frost Moroz, founder of Aloha Browser, is a seasoned innovator with over two decades of experience ...

Energy Minister George Papanastasiou this week announced that €363 million in funding schemes are being implemented to support small and medium-sized enterprises (SMEs) in Cyprus. “The development of small and medium-sized ...

Cyprus’ average monthly earnings rose by 7.3 per cent in 2023, however, there were stark differences across sectors, according to the Cyprus Statistical Service. While agricultural workers earned an average of €924 per ...

Deputy Shipping Minister Marina Hadjimanolis attended the Global Shipping and Trade Summit in Hong Kong, as part of the overall efforts to bolster the island’s global maritime profile and ...

Industrial production in Cyprus increased by 4.1 per cent in the first nine months of 2024 compared to the same period in 2023. This was supported by growth in manufacturing, mining, and water ...

Total loans in Cyprus fell by €213 million in October 2024 compared to the previous month, according to a report from the Central Bank of Cyprus (CBC). The report also showed that ...

Cyprus-based Ralliton and global software provider SoftwareOne Holding AG this week announced that they have entered into a strategic partnership. According to the announcement, the partnership aims to deliver advanced ...

Petrolina (Holdings) Public Limited (PHL) has announced the completion of a €48.6 million deal to acquire ExxonMobil Cyprus. According to the announcement, this includes the company’s 68 Esso-branded service stations, marking ...

Sweden’s embassy in Cyprus is set to host an event on ‘Sustainable Tourism for the Future’ today, according to an official statement. The event will highlight innovative green solutions ...

Cyprus’ Harmonised Consumer Price Index (HICP), a key measure of inflation, rose by 1.6 per cent year-on-year in October 2024, according to official data released on Tuesday. This figure reflects a modest ...

Snapchat is transforming how brands connect with digital-first audiences, leading the evolution of augmented reality (AR) in social media, according to Katia Maevskaia, Client Partner, CEE, at Snap Inc. Maevskaia ...

The Cyprus Shipping Chamber took the spotlight at the International Shipping Summit in Hong Kong this week, showcasing the nation’s pivotal role in global maritime affairs. Represented by Director ...

Cyprus is recording one of the strongest growth rates in Europe, driven by the resilience and initiatives of its business community, according to Energy Minister George Papanastasiou. Addressing the annual ...

Cruise ship arrivals at Limassol port have dropped sharply, with 2024 bookings falling from 200 to just 90 due to the conflict in Israel and instability in the Eastern Mediterranean. To address the ...

Cyprus property investors are enjoying better returns from rental income than bank deposits, with yields of up to 6 per cent far outpacing the modest 1.98 per cent average return on household ...

Here are the top business stories in Cyprus from the week starting November 11: Two in three Cypriots place a high priority on adapting to climate change, according to the European ...

Fintech and trading platform Capital.com on Friday announced that it has introduced a regional leadership model to bolster growth and innovation in its regulated markets. According to the announcement, ...

Aegean Airlines on Friday posted €1.38 billion in revenue for the first nine months of 2024, according to an official announcement. Increased passenger numbers and strategic investments supported this performance, though external ...

AstroBank has appointed Natasa Pilides, former Minister of Energy, Commerce, and Industry, as an independent member of its board of directors. According to an announcement released on Friday, the appointment ...

EMBIO Diagnostics, a Cypriot startup based in Nicosia and specialising in rapid diagnostic technologies for food safety and air quality, has secured €2.5 million in funding to drive international growth and ...

Cyprus aims to build closer ties with Bahrain in aviation, security, and crisis management by making its first appearance at the Bahrain International Airshow 2024. This new chapter in bilateral relations ...

Cyprus’ economy grew steadily in the third quarter of 2024, with GDP rising by 3.9 per cent year-on-year, according to a flash estimate released on Thursday by the state’s statistical service. ...

The Research and Innovation Foundation (RIF) has announced a new funding cycle under its PhD in Industry programme. According to an official announcement released on Thursday, the new programme will ...