Souzana Psara

Passenger traffic at Cyprus’ airports is expected to hit a new record this August, as Hermes Airports braces for the summer peak and urges travellers to arrive early and plan ...

Non-profit organisation Cyprus Seeds has announced that it recently hosted a high-profile technology transfer event. The event, held in collaboration with the EU-funded DiGiNN initiative, aimed at strengthening Cyprus’ innovation ...

Cyprus recorded a general government budget surplus of €557.6 million (1.6 per cent of GDP) in the period from January to June 2025, according to preliminary figures released by the state statistical service ...

Cyprus’ real estate market remains resilient and in high demand, with a strong start to 2025 confirming last year’s momentum, according to Cyprus Real Estate Agents Registration Council president Marinos ...

Cyprus surpassed its pre-pandemic tourism figures in 2024, as international arrivals and revenues rose sharply, aligning with a global rebound that brought worldwide travel nearly back to 2019 levels, according to data ...

Cyprus-flagged MV CYMONA OCEAN, a new Kamsarmax bulk carrier built by Japan’s Oshima Shipbuilding, has been delivered to the fleet of shipowner Nicolas  Hadjioannou and will be managed by ...

Here are the top business stories in Cyprus from the week starting July 28: Eurobank has reported adjusted net profits of €711 million for the first half of 2025, marking a decline of 2.9 ...

Greece, France, Germany, Italy and other Schengen member states are gearing up to activate the European Union’s new Entry/Exit System (EES) from October, a move expected to streamline ...

Global air passenger demand rose by 2.6 per cent in June 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA).   Capacity, measured ...

Cyprus is putting in the effort to build an attractive AI ecossytem, Chief Scientist Demetris Skourides said on the blockCAST show podcast in Dubai, joining hosts Anton Golub and Demetrios ...

Deputy Tourism Minister Kostas Koumis, recently met separately with the British High Commissioner to Cyprus Michael Tatham, and the French Ambassador to Cyprus Clelia Chevrier Kolacko, to explore ways of ...

The Turnover Value Index of Retail Trade in Cyprus rose by 5.9 per cent in June 2025, compared to the same month of the previous year, according to the state statistical service (...

Mercedes is integrating Microsoft’s latest digital tools into its vehicles, starting with the new CLA, allowing customers to work more efficiently while on the move. According to the announcement, ...

A new monthly publication by Hermes Airports, Flight Mode, sheds light on how airlines decide to launch new routes, underlining that behind every added destination lies a complex, data-driven strategy ...

Safe Bulkers, the Limassol-based shipowner listed in New York Stock Exchange, squeezed out a profit in Q2, 2025 despite surging costs, weaker rates and geopolitical instability, with six newbuilds underway and ...

Cyprus has signed the second tranche of a €200 million loan agreement with the European Investment Bank (EIB), unlocking an additional €100 million to support road infrastructure and sustainable transport projects across ...

Cypriot shipping company Safe Bulkers, led by Polys Hajioannou (CEO), will fully fund and carry out the reconstruction of two churches destroyed by the wildfires that devastated mountainous areas of ...

Cyprus has signed the second tranche of a €200 million loan agreement with the European Investment Bank (EIB), unlocking an additional €100 million to support road infrastructure and sustainable transport projects across ...

Battery-only electric vehicle (BEV) registrations in Cyprus more than doubled in 2023, though their presence on the roads remains well below the EU average, according to a report from Eurostat. An ...

Global container losses at sea rose to 576 in 2024, more than double the record-low 221 containers lost in 2023, according to the World Shipping Council’s (WSC) latest Containers Lost at Sea report.   ...

Tourism revenue in Cyprus climbed to €373.3 million in May 2025, according to the latest results on Wednesday from the passengers survey conducted by the statistical service (Cystat). This marks a 20.2 per ...

Advisory and consulting firm PwC this week released a report detailing that global entertainment and media (E&M) industry revenues edged towards US$3 trillion in 2024 and are forecast to ...

Tourism revenue in Cyprus climbed to €373.3 million in May 2025, according to the latest results on Wednesday from the passengers survey conducted by the statistical service (Cystat). This marks a 20.2 per ...

Cyprus-based Interorient Navigation Co. Ltd and Danship and Partners Ltd have announced a record ₹10,000 crore investment (equivalent to €989.96 million at today’s exchange rate) in India’s shipping sector, marking ...