Souzana Psara

Cyprus’ betting market continued to expand in the third quarter of 2025, with total gross revenue from Class A and Class B operators rising by 7 per cent year-on-year to €312.5 million, according ...

Taxpayers will be able to claim income tax deductions of up to €3,000 per year under the tax reform that took effect this month, with relief targeting housing costs, green upgrades ...

Hourly pay for civil servants in Cyprus now spans from €9.48 at the lowest end of the pay scale to €46.12 for the most senior positions, based on updated remuneration tables released ...

Cyprus’ public service will move to a regulated hybrid working from home model from April 2, 2026, after the department of public administration and personnel issued a new manual setting out how ...

The Cyprus Shipping Chamber (CSC) met this week with Shipping Deputy Minister Marina Hadjimanolis in the context of close contacts aimed at coordinating issues that will concern the Cyprus shipping ...

Cyprus’ tax reform, which took effect on January 1, 2026, is expected to deliver direct financial benefits to taxpayers through revised tax scales, according to the audit office. The office said the ...

Cyprus’ tourism strategy for the new year, the challenges facing the sector and Paphos’ decisive contribution to overall performance were discussed on Monday during a meeting between Deputy Tourism Minister ...

Total government employment in Cyprus registered a marginal increase in December 2025, reaching 55,301 persons, according to a report from the statistical service (Cystat). The data showed mixed developments across services and ...

Cyprus and Greece are moving to deepen their operational cooperation on maritime security, with a focus on practical measures ranging from border surveillance to search and rescue, as regional challenges ...

Cyprus’ tourism strategy for the new year, the challenges facing the sector and Paphos’ decisive contribution to overall performance were discussed on Monday during a meeting between Deputy Tourism Minister ...

Five chief executives from Cyprus’ banking sector will take part in the 13th Banking, Payments and Fintech Forum and Expo, emphasising the event’s growing institutional weight at a time ...

Limassol, Cyprus’ second-largest city, is emerging as a “hidden gem” in the international real estate market, according to Israeli businessman and real estate investor Avner Heisler, writing in Israel’s ...

Global shipping is making visible progress in adopting cleaner fuels, but the pace of change remains well short of what is needed to meet looming environmental targets, according to new ...

Investors who succumbed to the “temptation to sell” during the market turbulence of early 2025 likely learned a costly lesson about the dangers of market timing, according to Kyriacos Inios, Secretary ...

Global air passenger demand rose by 5.7 per cent in November 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA). Total demand, ...

Here are the top business stories in Cyprus from the week starting January 5: Eurobank has successfully acquired 1,447,993 of its own shares on the Athens Stock Exchange at a total cost ...

The independent power transmission operator (Admie) took part in the Eastern Mediterranean regional meeting of the association of Mediterranean transmission system operators (Med-TSO), held in Amman, Jordan. According to an ...

As Cyprus takes over the rotating presidency of the Council of the European Union, Oceana is urging the island nation to secure decades of progress on rebuilding fisheries and to ...

Cyprus contributed to another solid year for Greek retailer Jumbo Group in 2025, as the company reported full-year sales growth of 7.22 per cent despite significant supply-chain disruptions in Greece and internationally. ...

The priorities of Cyprus’ upcoming Presidency of the Council of the European Union in the shipping sector were discussed this week during a meeting between the Cyprus Union of Shipowners (...

The most expensive property transaction recorded in Cyprus in October 2025 involved a three-floor apartment in Limassol, sold for €15.2 million, reinforcing the city’s continued dominance in the high-end real estate ...

Global air cargo demand rose by 5.5 per cent in November 2025 compared with the same month a year earlier, as shippers prioritised timely deliveries ahead of the year-end holiday season, according ...

Sir Stelios Haji-Ioannou will once again honour bi-communal entrepreneurship in Cyprus this year, increasing the total prize fund of the Stelios Bi-Communal Awards for Business Co-operation to €500,000, as the initiative ...

The next Multiannual Financial Framework (MFF) was on the agenda on Thursday as President Nikos Christodoulides met with the head of the European Court of Auditors (ECA), Tony Murphy, alongside ...