Souzana Psara

Here are the top business stories in Cyprus from the week starting March 17: The Cyprus International Businesses Association (CIBA) has sent a letter to Finance Minister Makis Keravnos, raising a ...

Deputy Minister of Shipping Marina Hadjimanolis attended the European Shipping Summit (ESS) this week, where she underlined the need to enhance competitiveness and inclusivity within European shipping. The event, held ...

Hermes Airports on Friday announced that it has successfully concluded the financing arrangements for the Phase 2 development projects at both Larnaca and Paphos airports. All necessary agreements with the financing ...

Concerns were escalated in Parliament regarding the accessibility of ATMs for elderly residents in mountainous and other remote areas, who are forced to travel between villages to withdraw cash. This ...

Public-private partnerships (PPPs) can lead to major investment opportunities and change the development landscape to the benefit of both the government and private organisations, according to Invest Cyprus CEO Marios ...

The Cypriot government on Thursday announced new measures aimed at increasing housing availability and stabilising property prices. Specifically, Interior Minister Konstantinos Ioannou outlined a series of policy changes during this ...

The Cypriot government on Thursday announced new measures aimed at increasing housing availability and stabilising property prices. Specifically, Interior Minister Konstantinos Ioannou outlined a series of policy changes during this ...

Local government reform and its impact on land development took centre stage at the19th property development, construction conference and exhibition, presented by Exness on Wednesday. A roundtable discussion, moderated ...

Hydrocarbon exploration and production company Energean announced on Thursday its audited full-year results for the year ended December 31, 2024. Mathios Rigas, Chief Executive Officer of Energean, stated, “During 2024, we have continued ...

Credit rating agency Moody’s on Wednesday upgraded the baseline credit assessment (BCA) and adjusted BCA of Hellenic Bank, shifting its outlook from stable to positive. Specifically, the agency raised ...

Salamis Tours, originally founded by Vasos Hadjitheodosiou, remains under the firm control of his family. Recently, E.V.H. Investments Limited, a subsidiary within the family’s business structure, increased ...

Cyprus is seeing a surge in tourists from Romania, with arrivals rising 120 per cent over two years, Deputy Minister of Tourism Kostas Koumis said, welcoming the decision of airline Animawings ...

Cyprus is poised to reap significant benefits as an investment destination following last week’s approval by the Councils of a new plan to provide urban incentives for developments in ...

Players from Israel, Cyprus, and Jordan topped the list of nationalities spending the most on cash wagers at casinos in 2024, according to data submitted to House institutions committee. They were ...

A Cyprus-Greece business forum, which took place in Nicosia this week, focused on the importance of enhancing trade and investment relations between the two countries. According to a statement by ...

Cyprus’ Construction Materials Price Index for February 2025 recorded an annual increase of 1.38 per cent, according to the latest data from the Cyprus Statistical Service (Cystat). Meanwhile, prices for the first ...

Deputy Minister of Shipping Marina Hadjimanolis is heading to Brussels on Tuesday for a working visit, where she will speak at the European Shipping Summit (ESS), organised by the European ...

Kykkos monastery is expected to proceed with a major new development on land it owns in Engomi, according to reports released on Tuesday. Spanning 331,450 square metres, the plan includes a ...

The Deputy Ministry of Shipping is advancing plans to construct new headquarters on the site of the former ‘Nemitsas’ factory in Limassol, following recently introduced public investment procedures. However, the ...

Cyprus’ GDP is expected to grow by 3.2 per cent in 2025, slightly lower than the figure of 3.4 per cent reported for 2024, according to the Central Bank of Cyprus (CBC). This figure ...

The number of job vacancies in Cyprus rose by 8 per cent year-on-year during the fourth quarter of 2024, reaching 12,997 positions, according to data released by the Cyprus Statistical Service (Cystat). When ...

Cyprus aims to reduce conventional vehicle use from 97 per cent to 70 per cent by 2030, under its National Energy and Climate Plan (NECP), requiring the registration of 85,000 electric vehicles. However, with ...

The European Union (EU) is facing challenges that raise concerns about its competitiveness, according to Andreas Antoniades, Secretary-Director of the Nicosia Chamber of Commerce and Industry (Evel). Antoniades points to ...

Here are the top business stories in Cyprus from the week starting March 10: Out of 741 tourist units preparing to reopen in Cyprus, only 100 have secured a licence, accounting for just 13.5 ...