Souzana Psara

The Association of Large Investment Projects recently presented its recommendations on the role of the private sector in the economic diplomacy strategy promoted by the Ministry of Foreign Affairs. Led ...

Former Cyprus Shipping Chamber (CSC) director general Thomas Kazakos has resigned as director of Lordos Hotels (Holdings) Public Limited, effective February 28, 2025. Kazakos will assume his new role as Secretary General ...

Here are the top business stories in Cyprus from the week starting February 24: Natural gas production from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could commence within 2 to 2.5 years, according ...

Artificial Intelligence (AI) is set to transform both the business and maritime sectors, according Christina Orphanidou, Director of Engineering, AI, and Data at Deloitte. Speaking at the recently held Capital ...

The European Investment Bank (EIB) has directed €225 million into improving Cyprus’ infrastructure, focusing on sectors such as transport, social infrastructure, student housing, and energy. During a presentation of the EIB’...

Cyprus’ petroleum product sales saw a slight dip in January 2025, falling by 2.9 per cent from the previous year to 106,552 tonnes, according to the Cyprus Statistical Service (Cystat).    Despite the overall ...

The Famagusta branch of the Cyprus Hoteliers Association (Pasyxe) together with the local tourism board (Etap), celebrated the successful conclusion of their online campaign ‘Live Unforgettable Moments’. The campaign, which ...

Cyprus has leapt nine places in the 2024 StartupBlink Ecosystem Index, marking it as the fastest-growing startup ecosystem within the European Union, the Research and Innovation Foundation (RIF) has reported. According ...

The prospect of developing joint travel packages for markets such as China and the USA was a key topic of discussion when Deputy Tourism Minister Kostas Koumis met with Greece’...

Cyprus is involved in the efforts for the next step in medical technology at the European level, according to Chief Scientist Demetris Skourides. “The use of a ‘virtual human twin’ ...

Consumer staple prices showed mixed trends in January, with frozen fish recording the highest increase at 16.3 per cent and sugar seeing the steepest decline at 16.8 per cent, according to the ...

Salamis Tours is set to be fully acquired by E.V.H. Investments Limited, as the public tender offer for 100 per cent of its issued share capital has been completed. ...

Limassol continues to lead the office rental market in Cyprus, with prices averaging €29 per square metre, while Nicosia remains a more affordable alternative at €13 per square metre, according to a ...

Secretary general of the International Chamber of Shipping Thomas Kazakos on Monday met with Cyprus News Agency (CNA) director Dinos Finicarides, as well as the new director general of the ...

The Sklavenitis Group aims to secure second place in the Cypriot market, while upgrading and expanding storage and production facilities in Greece in 2025, according to reports that emerged on Monday. ...

Here are the top business stories in Cyprus from the week starting February 17: Kicking off the week, access to high-performance computing has long been a barrier for creative professionals, engineers, ...

The ‘Money Conference 2025: Investment Outlook Opportunities & the AI Impact’, held in Nicosia this week, explored key investment prospects and the market impact of artificial intelligence. The conference, which was ...

Shipping Deputy Minister Marina Hadjimanolis was in Brussels on Friday, where she participated in the high-level roundtable on the European Ocean Pact, organised by the European Commission. This followed an ...

Deputy Minister of Tourism Kostas Koumis on Friday expressed optimism about Cyprus’ tourism sector in 2025. He pointed out that “strategic planning is essential” as the industry enters a new cycle ...

The Institute of Certified Public Accountants of Cyprus (ICPAC) and the Cyprus Institute of Internal Auditors (IIA Cyprus) renewed their agreement, reaffirming their commitment to good governance, transparency, and accountability. ...

Labour Minister Yiannis Panayiotou, in his intervention on Thursday at the ministerial conference organised by the Polish presidency of the EU in Gdańsk, addressed the challenges and opportunities presented ...

The ‘Money Conference 2025: Investment Outlook Opportunities & the AI Impact’, held in Nicosia this week, explored key investment prospects and the market impact of artificial intelligence. The conference, which was ...

In the digital age, data has become the cornerstone of effective decision-making, offering unparalleled insights and opportunities, according to Anna Xinistery, general manager of consulting and professional development centre Kesea. ...

Toyota  in Cyprus remained the leader in the passenger car market in January 2025, registering 537 vehicles, while Mazda followed with 313 and BMW with 266, according to a report from the statistical service. ...