Cyprus Business News

Set against Cyprus’ rapidly growing role as a centre for technology and innovation, the 2nd Cyprus – The New Global Tech & Innovation Hub Summit is ready to draw international attention ...

Shipping Deputy Minister Marina Hadjimanolis on Tuesday set off on a visit to Guangzhou, China, in order to partake in the naming ceremony of the newly built cargo ship ‘AAL ...

Cyprus’ Composite Leading Economic Index (CCLEI) fell by 0.9 per cent in March 2024, when compared to the same month from the previous year, according to a report released on Monday by ...

The Central Bank of Cyprus (CBC) has released a statement notifying the public of scheduled closures for all banks on several upcoming dates. The closures are as follows: Wednesday, May 1, 2024: ...

Delegates attending the inaugural Commonwealth Ocean Ministers Meeting in Cyprus on April 19 have committed to advancing their discussions at upcoming global summits, according to a statement released on Monday. According ...

The newly appointed governor of the Central Bank of Cyprus (CBC) Christodoulos Patsalides has deemed today’s interest rate disparity between lending and deposit rates in Cyprus unsatisfactory, suggesting various ...

The Cyprus government recorded a fiscal surplus of €918.7 million in 2023, constituting 3.1 per cent of the Gross Domestic Product (GDP), with government debt reaching €23.03 billion, accounting for 77.3 per cent of GDP, ...

Travel Expo Cyprus 2024, organised by the Association of Cyprus Travel and Tourism Agents (ACTA), kicked off during the weekend, April 19 to 21, with a wave of optimism for the new tourist ...

The Cyprus Employers and Industrialists Federation (Oev) has highlighted some of the key labour issues it addressed during 2023, ahead of its annual general assembly scheduled for Tuesday, April 23, an event ...

Former Cyprus Airways CEO Paul Sies has joined travel-tech company Journey Mentor as president and chief executive officer, according to an announcement released on Monday. Journey Mentor, which is based ...

Cyprus’ Composite Leading Economic Index (CCLEI) fell by 0.9 per cent in March 2024, when compared to the same month from the previous year, according to a report released on Monday by ...

Here are the top business stories in Cyprus from the week starting April 15: In recent developments from Cyprus, Marinos Christodoulides, President of the Cyprus Stock Exchange (CSE), emphasised the significance ...

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long ...

Hellenic Bank and bank workers’ union (Etyk) clinched a deal over collective agreements on Friday, after a government-supported mediation process. Labour Minister Yiannis Panayiotou heralded the development “after a long ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced a decision to impose fines amounting to €360,000 on the Cyprus Investment Firm (CIF) MCA Intelifunds. “The Board of CySEC reached ...

The Commonwealth and the Republic of Cyprus have taken a significant step forward by signing a three-year Memorandum of Understanding (MoU) for the establishment of a Commonwealth Blue Charter Centre ...

Deputy Minister of Research Nicodemos Damianou on Friday stated that the public can expect to see concrete progress in the digital transition within the year, referring to specific timelines for ...

The Cyprus Chamber of Commerce & Industry (Keve), in collaboration with the Ministry of Energy, Commerce, and Industry, has announced a call for proposals for the EENergy project, offering grants ...

The Cyprus Chamber of Commerce & Industry (Keve), in conjunction with the Ministry of Energy, Commerce, and Industry and the Cyprus Youth Organisation (Onek), this week announced the second call ...

Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...

Finance Minister Makis Keravnos welcomed the release of the International Monetary Fund’s (IMF) Fiscal Monitor, which expects that Cyprus’ public debt ratio will decline to the Maastricht Treaty limit (60 ...

The price index of construction materials in Cyprus reached 117.19 units in March, with 2021 serving as the base year with a default value of 100 units, marking a slight increase of 0.21 per ...

Developments in the Middle East are indeed worrying, however, for the time being, they do not appear to have had any significant impact on tourist arrivals in Cyprus, with the ...

The Finance Ministry, in collaboration with SIX, a financial market infrastructure company, and the Cyprus Stock Exchange (CSE), on Thursday announced the successful activation, referred to as going live, of ...