Souzana Psara

Fresh fighting in the Middle East has slowed the return of shipping through the Strait of Hormuz to normal levels, keeping war-risk premiums elevated and delaying the full recovery of ...

The European Union is moving to create a new financing framework that could channel public and private money into cleaner ships, smarter ports and maritime technology, as Brussels seeks to ...

Cyprus’ Industrial Production Index rose by 1.4 per cent in April 2026, reaching 113.4 units, according to figures released by the statistical service (Cystat). For the first four months of the year, the ...

Cyprus’ tourism revenue fell by 35.1 per cent year-on-year in April 2026, reaching €197.5 million, according to a report from the statistical service (Cystat).  This compares with €304.2m in April 2025, marking another weak ...

Strengthening the competitiveness of the Cyprus flag and the wider maritime sector remains a key priority for the government, according to Shipping Deputy Minister Marina Hadjimanolis, during a time when ...

Hotel occupancy in Paphos has fallen sharply compared with last year, with the city and district seeing rates around 20 per cent lower than the corresponding period of 2025, according to hoteliers ...

Interior Minister Constantinos Ioannou is in Luxembourg today to chair a meeting of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) in its housing configuration, as part of ...

The Cyprus Marine Club drew its largest audience to date, welcoming around 200 members and guests to a landmark gathering that brought together the island’s maritime community for an evening ...

Here are the top business stories in Cyprus from the week starting June 22: Cyprus’ hotel industry is looking to last-minute bookings to soften the impact of a difficult start to ...

Construction material producer Kythreotis Holdings has warned that its results for the first half of 2026 are expected to be significantly lower than those recorded in the same period last year, ...

SquareOne has launched Zoia, a 147-apartment residential project in Kato Polemidia, placing its bet on one of Limassol’s most rapidly changing pockets, where an old military site is being ...

Logicom Public Ltd shareholders have approved the payment of a €0.10 dividend per share during the company’s annual general meeting. The dividend, corresponding to 29.4 per cent of the nominal value ...

Artificial intelligence can write code, create images and suggest solutions, but it cannot dream or replace human judgement, Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou told University ...

Andreas Christoforou has been re-elected to the YoungShip International Board and appointed Regional Representative for Southern Europe, in a move that strengthens Cyprus’ presence within the global network for young ...

The International Maritime Organisation (IMO) has temporarily suspended its evacuation plan for vessels trapped in the Persian Gulf after an attack on a merchant ship in the Gulf of Oman, ...

French tyre maker Michelin will close its BFGoodrich plant in Tuscaloosa, Alabama, by the end of 2028, affecting around 1,200 workers, as global tyre manufacturers continue to adjust to weaker demand, underused ...

Construction prices for new residential buildings in Cyprus climbed to their highest level on record in 2025, according to new Eurostat data, reflecting a broader increase in building costs across the ...

The International Air Transport Association (IATA) has identified four priorities to tackle persistent failures in the aerospace supply chain, warning that delivery delays, parts shortages and constrained maintenance capacity are ...

The International Air Transport Association (IATA) and the International Airlines Technical Pool (IATP) have agreed to cooperate in helping airlines improve their visibility of, and access to, aircraft parts, as ...

Cyprus’ shipping industry has joined the global maritime community in marking this year’s Day of the Seafarer, paying tribute to the people who keep goods, energy and food moving ...

Lordos Hotels (Holdings) Public Ltd has warned that its results for the first half of 2026 are expected to fall below last year’s levels, as geopolitical tensions in the Middle ...

Hermes Airports chief executive Eleni Kaloyirou joined European aviation leaders in Prague for a debate on the fast-changing Eurasian aviation market, at a time when Cyprus is trying to protect ...

Interior Minister Constantinos Ioannou on Wednesday evening said that licensing reform had become one of the government’s most important tools for speeding up development and supporting housing policy. Addressing ...

The International Maritime Organisation (IMO) has told vessels stranded in the Gulf region not to move until they are directly contacted, as it begins implementing an evacuation plan for more ...