Souzana Psara

Private debt in Cyprus, including households and non-financial companies, reached 206 per cent of GDP at the end of the third quarter of 2023, according to a report released this week by ...

President of the Cyprus Institute Stavros Malas this week presented an innovative proposal for the establishment of a Centre of Excellence for Smart and Sustainable Farming (SMARTFARM) to the House ...

Finance Minister Makis Keravnos and Ambassador of Jordan to Cyprus Basheer F. Zoubi on Tuesday met at the ministry’s offices in Nicosia, with the discussions primarily focusing on economic ...

Deputy Minister of Tourism Kostas Koumis this week addressed long-lasting competitiveness issues in the Pernera area, between Protaras and Paralimni, acknowledging the closure of eight tourist accommodation units since 2006. “Concerning ...

Cyprus has witnessed a remarkable surge in the Information and Communication Technology (ICT) sector, emerging as a central driver of economic development, with the CEO of Invest Cyprus Marios Tannousis ...

Here are the top business stories in Cyprus from the week starting January 22: The Cyprus Stock Exchange (CSE) concluded 2023 on a high note, with listed securities surpassing €4 billion, as reported ...

Health, safety, quality and environment, and sustainability manager at Limassol-based Island Oil Holdings Demetris Lemesianos recently spoke to the Cyprus Mail, providing insights into the group’s sustainability initiatives within ...

The president of the Cyprus Ports Authority (Alk) Antonis Stylianou this week presented a strategic development model, which is aimed at addressing the evolving conditions in the modern port environment. ...

Cyprus’ National Betting Authority on Wednesday reported a total revenue of €259.4 million for the third quarter of 2023, marking a 9 per cent increase from the same period in 2022 and an increase ...

In a strategic move, Island Petroleum, a subsidiary of Island Oil (Holdings), has announced the acquisition and utilisation of the vessel M/T ASTRAIA, dedicated to providing physical supply services ...

The Computation-based Science and Technology Research Centre (CaSToRC) at The Cyprus Institute organised an important ‘industry day’ on January 16, 2024, as part of the EUROCC2 project, according to a statement released ...

The launch of the India-Middle East-Europe Economic Corridor (IMEC), an initiative that aims to bolster economic development between Asia, the Persian Gulf and Europe, has the potential to provide opportunities ...

The Human Resource Development Authority of Cyprus (Anad) on Tuesday outlined its strategic objectives for the years 2024 to 2026, saying that its focus is on the continuous and lifelong learning of ...

PwC Cyprus hosted a breakfast event titled ‘Setting Sail for Success in the Shipping Sector’ on January 23, bringing together leaders from the Cyprus shipping industry to address critical challenges and ...

Cyprus Stock Exchange (CSE) wrapped up 2023 on a high note, with listed securities exceeding €4 billion, according to the CSE’s figures published for December. The General Index reached 136,01 points, representing ...

Here are the top business stories in Cyprus from the week starting January 15: Contrary to expectations that accompanied the reduction in the consumption tax rates for motor fuels, fuel prices ...

According to data published on Friday by Eurostat, Cyprus experienced a 14 per cent decrease in potato prices in 2023. Similar trends were observed in Belgium (18 per cent decrease) and Austria (4 per ...

The Cyprus Chamber of Commerce (Keve) meeting and the government are looking at aligning strategies, on energy, natural gas, renewable energy sources and manufacturing. This was the subject of a ...

Cyprus Airways will target the Greek market in 2024 and the airline’s top brass were in Athens on Thursday to present plans to travel agents and journalists. The meeting inaugurated ...

The rate of inflation continued on a downward path in December, according to the Consumer Protection Service which monitors the prices of consumer products. Inflation in December was down to 1.6 ...

President of the Hoteliers Association (Pasyxe) Thanos Michaelides, expressed satisfaction with the current bookings for the new tourist season, noting interest from both small and large markets. Given the challenges ...

According to the annual data published by Eurostat, the EU exported 32.1 million tons of waste to third countries in 2022, marking a 3 per cent decrease from 2021. Concurrently, waste imports to the ...

The Cyprus Aviation Association that will be operating under the Cyprus Chamber of Commerce (Keve) was officially launched on January 15. The Association aims to enhance collaboration among members, promote unity, ...

According to the Cyprus Statistical Service (Cystat), the prices of construction materials show a small increase. The Construction Materials Price Index for 2023 recorded an increase of 2.91 per cent per compared ...