Souzana Psara

The price of 27 out of 45 products monitored by the Cyprus consumer protection service increased in July, according to the latest price observatory report. According to the service, the biggest rises ...

Larnaca’s hotels are enjoying robust occupancy rates this summer, ranging from 80 to 85 per cent, according to Marios Polyviou, president of the Larnaca Hoteliers Association (Pasyxe). Speaking to the Cyprus ...

The latest State Aid Scoreboard from the European Commission, published by the Centre of International and European Economic Law (CIEEL), shows a significant reduction in state aid expenditures reported by ...

The PwC Foundation on Tuesday detailed the various initiatives under its youth entrepreneurship pillar, aimed at bolstering young entrepreneurial talents and supporting community projects across Cyprus. These efforts include continuing ...

A total of 551,229 tourists visited Cyprus in July 2024, marking a rise of 5.3 per cent from the 523,718 visitors recorded in the same month last year, according to a report released on ...

A total of 6.6 million passengers travelled through Cyprus’ airports between January and July this year, according to airport operator Hermes Airports. In addition, the company said that it expects the ...

Education ministry’s new curriculum aims to make the next generation financially savvy Concerns about low financial literacy among Cypriots prompted the ministry of education to introduce a lesson about ...

Here are the top business stories in Cyprus from the week starting July 29: Deputy Tourism Minister Kostas Koumis recently completed a tour of Limassol’s wine-producing regions, focusing on villages ...

Low-cost carrier Wizz Air is set to launch a new route from Larnaca to Cairo on October 29, according to an announcement released on Friday. The airline said that “the new ...

Alpha Bank Cyprus announced on Friday that more than 4,000 of its borrowers received over €3 million in benefits through the bank’s reward programme. The programme, which ran from August 1, 2023, to ...

Cypriot food producers aiming to increase their export volumes can now take advantage of a new initiative designed to establish a stronger presence in the United States market. Specifically, Rovshan ...

Larnaca and Paphos airports saw a 4.5 per cent rise in passenger numbers in the first seven months of 2024, compared to last year, according to Maria Kouroupi, Director of Aviation Development ...

The Cyprus government’s surplus surged to €424.5 million in the January-June period, representing 1.3 per cent of GDP, compared to €62 million and 0.2 per cent of GDP during the same period in 2023, ...

Cyprus’ Industrial Producer Prices Index (PPI) decreased by 2.4 per cent year-on-year in June 2024, according to a report released on Wednesday by the Cyprus Statistical Service (Cystat). The index, which stood ...

Nexters, an international game development company headquartered in Cyprus, has seen its flagship mobile game, Hero Wars: Alliance, generate $1.5 billion in revenue and surpass 150 million installations, according to an official ...

Industrial production in Cyprus recorded a 2.7 per cent increase year-on-year during May 2024, according to a report released this week by the Cyprus Statistical Service (Cystat). This rise brought the Industrial ...

The Cypriot real estate market has demonstrated signs of stability and resilience during the first half of 2024, with the average transaction value gradually approaching pre-pandemic levels, according to a report ...

Tourist arrivals to Cyprus amounted to 421,400 visitors in May 2024, marking an increase of 0.3 per cent from the 420,076 recorded in the same month of the previous year, according to a report ...

Cypriot real estate data analytics firm, Ask Wire on Monday published a report detailing the ten most expensive real estate sales transactions in Cyprus for the first half of 2024 across ...

Deputy Tourism Tourism Kostas Koumis has completed a tour of Limassol’s wine-producing regions, with a focus on villages making Commandaria, saying that it is important to promote the Cypriot ...

Here are the top business stories in Cyprus from the week starting July 22: The European Central Bank (ECB) recently decided to maintain interest rates at their current levels but indicated ...

Cyprus experienced an overall decline in the sales of petroleum products during June, which amounted to 127,395 tonnes, marking a 4.1 per cent decrease compared to June 2023, according to the latest figures ...

Despite a challenging year, Cyprus managed to see an increase in both tourist arrivals and revenues in the first half of the year, Deputy Tourism Minister Kostas Koumis said, while ...

Recent reports in the Daily Express about a supposed “panic” in Cyprus’ tourism industry due to a “huge drop” in bookings have been deemed outdated and sensationalist by local industry ...