Cyprus Business News

Efforts to transform Cyprus into an innovation-led economy resulted in a partnership combining technology and sports Cypriot football club Pafos FC is poised to revolutionise the way its players train ...

Cyprus’ Construction Materials Index experienced a decrease of 2.23 per cent during the first two months of 2024, when compared to the same bimonthly period from the previous year, reflecting a moderation ...

The Commissioner for State Aid Control Stella Michaelides on Wednesday published her decision on a scheme for Small and Medium Size Enterprises (SMEs), titled “Circular Economy Project in Small and ...

A regular visitor from Sweden has been honoured with the title of ‘Tourism Ambassador of Ayia Napa’, in recognition of his 25th visit to the popular Cypriot resort town. According ...

The Bank of Cyprus (BoC) on Wednesday announced that it has obtained approval from the European Central Bank (ECB) to pay a cash dividend and to conduct a share buyback ...

Today’s businesses are on a mission to create the perfect workplace culture, aiming to make work more engaging and fun. But as they prioritise vibes and cultural fit, it’...

Kition Ocean Holdings recently held its annual “Kition Volunteer Blood Donation Day” at its facilities located at the Larnaca Port Passenger Terminal. This event marked the second consecutive year of ...

Cyprus has seen a 5.4 per cent increase in hourly labour costs, referred to as the total cost, during the fourth quarter of 2023, compared to the corresponding period in 2022, according to ...

The Empowering Girls in STEM Project (EGI-STEM) conference, which took place from February 27 to 29 in Nitra, Slovakia, put a spotlight on the vital need to boost girls’ participation in Science, ...

The House Committee on Energy, Trade, Industry and Tourism this week revisited a proposal aimed at abolishing fees for innovative startups, in a bid to boost innovation and entrepreneurship. This ...

Cyprus-based proptech startup Moving Doors, which provides tech-enabled serviced apartments, has announced its official expansion to Dubai, United Arab Emirates, marking a significant step in its international growth strategy. According ...

ROAR Games, a new independent games studio focused on original game development, has announced that it has secured $1.5 million from The Games Fund (TGF), a specialist early-stage VC fund with ...

In response to the growing demand for businesses to adopt more sustainable and environmentally friendly practices, the Cyprus Chamber of Commerce & Industry (Keve) is set to host a seminar ...

Here are the top business stories in Cyprus from the week starting March 11: REALTYon, the only event in Cyprus dedicated to the entire property industry, is returning for its second ...

Cypriot Deputy Minister of Shipping Marina Hadjimanolis played a prominent role in the European Cruise Summit, organised by the Cruise Lines International Association (CLIA), during the association’s annual Cruise ...

The 16th evaluation of Cyprus’ post-memorandum economic situation is set to commence next Tuesday and conclude on Friday, as confirmed by the island’s lenders. The evaluation will encompass an ...

The harmonised index of consumer prices in Cyprus (HICP) witnessed a notable increase of 2.1 per cent in February 2024, in comparison to February 2023, according to a report released on Friday by ...

The Cyprus Securities and Exchange Commission (CySEC) on Friday announced its active participation in the annual Global Money Week (GMW2024), a pivotal global campaign dedicated to promoting financial literacy, with ...

Real estate platform INDEX on Friday released a report designating Larnaca as Cyprus’ key destination for investors and homebuyers seeking profitable ventures in the real estate market, citing a recently ...

The Central Bank of Cyprus (CBC) on Friday announced its coordination of the annual global awareness campaign, Global Money Week, scheduled to take place from March 18 to 24, 2024. This initiative, organised ...

The 16th evaluation of Cyprus’ post-memorandum economic situation is set to commence next Tuesday and conclude on Friday, as confirmed by the island’s lenders. The evaluation will encompass an ...

DP World Limassol recently stated that it is making significant strides in championing gender equality and women’s representation in leadership roles in the maritime industry. The company noted that ...

The Producer Price Index for Industry in Cyprus recorded a decrease of 2.9 per cent in January 2024, mainly due to a decrease in the electricity supply sector. According to a report ...

The Bank of Cyprus on Thursday announced that it has acquired a restructured loan portfolio, with a total gross accounting value of €58.4 million, as of December 31, 2022, from state-owned asset management ...