Souzana Psara

Invest Cyprus has been elected Regional Director of the World Association of Investment Promotion Agencies (WAIPA) for Eastern Europe for the 2025–2027 term. The elections took place in Sharjah, United Arab ...

Cyprus’ general government recorded a fiscal surplus of €1.44 billion in 2024, equivalent to 4.1 per cent of GDP, according to audited data verified under the European Commission’s Excessive Deficit Procedure. According ...

With the ongoing cost-of-living crisis placing severe strain on household finances, the need for citizens to possess robust financial knowledge is more critical than ever. According to George Theocharides, chairman ...

Cyprus’ next generation of roboticists took centre stage at this year’s Robotex MRC 2025 Awards Ceremony, organised by the Cyprus Computer Society (CCS) and hosted by the Bank of Cyprus (...

Cyprus recorded a GDP per inhabitant of €37,100 in purchasing power standards (PPS) in 2023, according to Eurostat data published this week. The figure stood just below the EU average of €38,100 PPS, ...

The International Chamber of Shipping (ICS) expressed disappointment following the conclusion of the International Maritime Organisation’s (IMO) Extraordinary Session of the Marine Environment Protection Committee (MEPC) in London, where ...

Cyprus is stepping into the global spotlight as a new centre for Earth observation, driven by a €38 million European research project that combines cutting-edge satellite technology with scientific expertise.   Based ...

The Cyprus Property Developers Association is promoting the establishment and registration of the profession of Land Development Entrepreneur, having already submitted a formal proposal to the Ministry of Interior.  The ...

Two major investment-focused events are coming up in December and January, both organised by IMH, aiming to attract investment and high net worth individuals (HNWIs) to Cyprus.  The first, the ...

The European Parliament is pushing ahead with efforts to simplify EU rules, reduce bureaucracy, and support small and medium-sized enterprises, aiming to create the conditions for stable and sustainable growth ...

The International Chamber of Shipping (ICS) expressed disappointment following the conclusion of the International Maritime Organisation’s (IMO) Extraordinary Session of the Marine Environment Protection Committee (MEPC) in London, where ...

Here are the top business stories in Cyprus from the week starting October 13: Cyprus’ property market is calmer this year, with foreign demand still providing momentum even as higher borrowing ...

The IATA World Safety and Operations Conference (WSOC) opened in Xiamen, China, bringing together global aviation leaders to discuss safety, resilience, and the future of global operations amid rising geopolitical ...

Global mergers and acquisitions in 2025 tell a story of contrasts, with fewer deals being struck but total values soaring, reflecting a market driven by concentration rather than volume, according to ...

The Consumer Price Index (CPI) in Cyprus remained unchanged in September 2025 compared with September 2024, according to data released on Friday by the state statistical service. On a monthly basis, the ...

Astrobank Public Company Ltd has reduced its stake in Atlantic Insurance Company Public Ltd from 5.23 per cent to 4.85 per cent, according to a relevant announcement.  Atlantic Insurance announced that it ...

The International Air Transport Association (IATA), in collaboration with global consulting firm Oliver Wyman, has released a new joint study titled Reviving the Commercial Aircraft Supply Chain, revealing the growing ...

President Nikos Christodoulides on Thursday addressed the 91st HOTREC general assembly in Paphos, highlighting the vital role of tourism in Cyprus’ economy, the country’s sustainable development strategy, and upcoming ...

Cyprus and Egypt have taken a decisive step toward deepening maritime cooperation, following the first meeting of the Joint Maritime Committee (JMC) held in Limassol, October 15-16. The meeting marked ...

Cyprus spent €213.6 million on research and development (R&D) in 2023, equivalent to 0.68 per cent of GDP, according to data released by the Statistical Service (Cystat) on Thursday. This marks ...

Invest Cyprus on Thursday welcomed US-based technology company TKI to Cyprus following the merger between Hybrid ConsulTech, now renamed TKI EMEA, and TKI, a leading provider of enterprise-grade artificial intelligence ...

The Tax Department has issued a new circular clarifying when VAT should be charged on entry to concerts, performances, exhibitions and other cultural events, particularly when admission is combined with ...

The Cyprus Land Development Corporation (Koag) has announced the launch of applications for its affordable housing scheme, covering the districts of Nicosia, Limassol, and Larnaca.  The application period began on ...

Succession remains the biggest challenge for family businesses in Cyprus and around the world, according to Renos Ioannides, managing director and head of the family business group at KPMG Cyprus. ...