Souzana Psara

The GB-CY International Investment Conference 2024, which took place on May 9, was a resounding success, according to an announcement released by the organisers on Wednesday. Hosted by the Great Britain-Cyprus Business ...

President of the Cyprus Hotel Association (Pasyxe) Thanos Michaelides this week raised concerns about a slowdown in summer bookings, indicating that 2024 may see a downturn compared to previous years. Michaelides ...

Cyprus’ construction sector has shown significant growth, as evidenced by the increase in building permits issued by the municipal authorities and the district administration offices in the early months of 2024. ...

Shipping Deputy Minister Marina Hadjimanolis is making an official visit to London to participate in the International Maritime Organisation’s (IMO) celebrations for the International Day for Women in Maritime, ...

TechIsland, the foremost tech association in Cyprus, is gearing up for the much-anticipated fourth edition of its annual TechIsland Summit, according to an announcement released on Monday. Scheduled for May 30, ...

Here are the top business stories in Cyprus from the week starting May 6: The Easter holiday season saw a 50 per cent decline in business activity for restaurants, bars, and other ...

The future of the maritime industry is set to be a focal point at the Poseidonia 2024 World Expo, where a wide range of critical industry issues will be analysed by ...

Cyprus’ trade deficit narrowed sharply in the first quarter of this year annually, mainly reflecting the deceleration in prices and inflation, according to a report by the Cyprus Statistical Service (...

The Great Britain-Cyprus Business Association’s International Investment Conference 2024 kicked off in Limassol today, with the aim of enhancing business networking between the two countries. During the event, which will ...

Cyprus’ real estate market experienced a notable resurgence in April, rebounding from the previous dip in sales observed in March, according to the latest information provided by the Department of ...

Deloitte this week has released the results of the third edition of the Middle East Technology Fast 50, which showcases the fastest-growing technology startups in the region. This programme recognises technology ...

Cyprus’ Gross Domestic Product (GDP) is projected to rise by 2.9 per cent in 2024, according to the latest estimates released on Thursday by the Finance Ministry, which are valid up to ...

The Cyprus Statistical Service (Cystat) reported on Wednesday a considerable decrease in the number of registered unemployed for April 2024, reflecting a strengthening of the domestic labour market. According to the ...

The Cyprus Union of Shipowners (CUS) on Wednesday announced a €300,000 food donation to the people of Gaza, through the Republic of Cyprus’ Amalthea initiative. “The Cyprus Union of Shipowners decided ...

The value of Cypriot bonds held by the Eurosystem remained steady at €6.76 billion at the end of April, as the European Central Bank (ECB) persists in its effort to deleverage ...

Deputy Minister of Research Nicodemos Damianou recently addressed two investment incentives launched at the Deputy Ministry of Research, Innovation and Digital Policy, acknowledging that there is room for improvement. These ...

Hotel occupancy rates in Cyprus are expected to be lower during the upcoming summer, compared to the same period in 2023, according to the president of the hotelier’s association (Pasyxe) ...

Deputy Minister of Tourism Kostas Koumis is currently visiting the United Arab Emirates to attend the Arabian Travel Market tourism exhibition, which is taking place in Dubai. “Over the last ...

Here are the top business stories in Cyprus from the week starting April 29: The Cyprus Shipping Chamber (CSC) recently announced its support for the adoption of the Net-Zero Industry Act ...

The Research and Innovation Foundation (RIF) this week announced the launch of two new programmes, titled Excellence and Post-Doc respectively, with a total budget of €14.5 million. According to the announcement, ...

Cyprus’ retail sector experienced a significant upturn in March 2024, according to a report from the Cyprus Statistical Service (Cystat) released on Thursday. The report disclosed a 5.5 per cent increase in ...

Inflation soared to its highest level since October 2023 in April of this year, according to a report released on Thursday by the Cyprus Statistical Service (Cystat), reigniting concerns amongst consumers ...

Cyprus residents’ spending on travel abroad reached €1.39 billion in 2022, marking a significant bounce-back year for travel compared to 2021, when pandemic restrictions were still heavily impacting global mobility. According to data ...

Agriculture Minister Maria Panayiotou called for an increase in the de minimis threshold regarding state aid in agriculture to €50,000 per single enterprise during the EU Agriculture and Fisheries Council, which ...