Cyprus Business News

Industrial production in Cyprus recorded an 8.2 per cent increase year-on-year during April 2024, according to a report released this week by the Cyprus Statistical Service (Cystat). The Industrial Production Index for ...

The economic climate in Cyprus improved slightly in June, with the Economic Sentiment Indicator (ESI) rising by 0.6 points compared to May 2024, according to a report released this week by the ...

With third country nationals receiving their work permits earlier through expedited procedures, the tourism industry is fully staffed and ready for the summer wave of tourists. Labour Minister Yiannis Panayiotou ...

Demetra Holdings’ annual general meeting on Thursday saw chairman George Kourris reaffirming the company’s significant position in Hellenic Bank, describing it as a strategic choice amidst ongoing financial successes. ...

Deposits and loans in the Cypriot financial system both experienced an increase in May of this year, according to a report released this week by the Central Bank of Cyprus (...

Total oil product sales in Cyprus saw a marginal year-on-year decrease of 0.2 per cent in May, while sales during the first months of the year are up compared to 2023, according ...

Tatiana Der Avedissian is a name you might not yet know, but you certainly should. Tatiana is making waves – literally and figuratively—in the world of sustainability and business development. ...

The Research and Innovation Foundation (RIF) on Thursday announced a new funding programme entitled ‘Commercial Proof of Concept – Energy’, which boasts a budget of €1.6 million to accelerate innovation in the ...

Chief Scientist Demetris Skourides used his address at the opening of the Cyprus Space Research and Innovation Centre (C-SpaRC), hosted by the Cyprus Space Exploration Organisation (CSEO), to unveil a ...

Workers are increasingly embracing artificial intelligence (AI) and prioritising skills growth amidst rising workloads and an accelerating pace of change, according to the results of a survey shared by consulting ...

Tech, talk, and transformation: Artemis Pnevmatikou strategy for success. ‘Pushing for change isn’t just necessary; it’s inevitable if we want to keep moving forward’. For young women tiptoeing ...

EMBIO Diagnostics, a Nicosia-based company at the forefront of diagnostic technologies, announced this week its acquisition of AG Catalytic Solutions, a firm specialising in the non-chemical treatment of ballast water. ...

Cyprus Energy Regulatory Authority (CERA) Chairman Andreas Poullikkas this week provided an analytical overview of the European Union’s strides towards establishing a robust hydrogen market by 2030. “The EU’s ...

June saw a muted start for the hotel industry in the Paphos district but has shown some improvement as the month progressed, according to the president of the Paphos Hoteliers ...

The Cyprus Securities and Exchange Commission (CySEC) on June 25 approved the publication of the Public Offer Document for the acquisition of up to 100 per cent of Hellenic Bank’s issued ...

The Cyprus Securities and Exchange Commission (CySEC) on Wednesday released a consultation paper (CP-01-2024) inviting stakeholders to provide feedback on proposed fees and information requirements for entities falling under ...

The official inauguration of the European Investment Bank’s (EIB) new offices in Cyprus is set to take place this autumn, with EIB President Nadia Calvino scheduled to attend, Finance ...

Zing Coach, the Palta-backed health tech startup reducing growing rates of physical inactivity with its AI-powered fitness app, has today announced that it has raised a Series A funding round ...

The challenges and trends of the primary sector, which concerns activities that typically provide raw materials for further processing, were discussed at the 7th Pan-Cyprian Dairy, Agriculture, and Livestock Conference, ...

Reflecting on her journey, Michailidou acknowledges the key role mentors have played in her career. “Mentorship is extremely important in career advancement,” she said. “A good mentor can help you ...

AstroBank has been named the Best Private Bank in Cyprus for 2024 at the Global Private Banking Innovation Awards, according to an announcement by the bank released on Wednesday. The announcement ...

June saw a muted start for the hotel industry in the Paphos district but has shown some improvement as the month progressed, according to the president of the Paphos Hoteliers ...

The Bank of Cyprus has been awarded the prestigious “Best Financial Institution Bond in Southeast Europe” by the business periodical EMEA Finance, for its highly successful issuance of Additional Tier 1 (...

Ugne Buraciene is leading the charge in transforming Cyprus tech scene. As the Group CEO of payabl., a leader in European fintech and a key player at TechIsland, she’s ...