Cyprus Business News

The Central Bank of Cyprus (CBC) this week announced that it is once again accepting requests for the payment of reduced legal costs from individuals who have filed lawsuits against ...

The Paphos Regional Tourism Board (Etap) this week met with the Department of Antiquities, where they examined various issues concerning the museums, monuments, and archaeological sites of the Paphos district. ...

The harmonised index of consumer prices in Cyprus (HICP) in January 2024 increased by 2.1 per cent compared to January 2023, according to a report released on Thursday by the Cyprus Statistical Service (...

The Employers and Industrialists Federation (Oev) this week released a statement welcoming the new support measures for Cypriot households, while at the same time expressing “hope for the prompt formulation ...

Cypriot Minister of Energy, Commerce, and Industry George Papanastasiou this week met with his Egyptian counterpart Tarek El Molla, engaging in discussions on bolstering energy collaboration between Cyprus and Egypt. ...

In a move that aims to redefine urban living and working spaces, renowned real estate developer bbf: has officially launched :flow, an innovative mixed-use development located in the Ayios Nicolaos ...

The Cabinet this week approved the establishment of an annual award for gender equality in Cyprus’ shipping sector, according to an announcement by the Deputy Ministry of Shipping. The announcement ...

The Cyprus Chamber of Commerce and Industry (Keve) this week released a statement expressing satisfaction with the newly announced government support measures, originally unveiled by President Nikos Christodoulides on Wednesday. ...

Vice Chairman of the Cyprus Securities and Exchange Commission (CySEC) George Karatzias on Thursday reaffirmed the commission’s support for the country’s collective investment sector, outlining a number of ...

The Hotel Summit & Exhibition is set to mark its 45th edition on February 23, 2024, at the City of Dreams Mediterranean hotel in Limassol. The conference brings together industry leaders, hotel ...

Cypriot Deputy Minister of Tourism Kostas Koumis this week emphasised the urgent need for support measures from the European Union (EU) for island tourist destinations, during his participation in the ...

Eurobank Cyprus on Wednesday announced that it recently organised a voluntary blood donation and bone marrow sampling event for its staff at the bank’s headquarters in Nicosia. The blood ...

The 7th Annual Capital Link Cyprus Shipping Forum is scheduled to take place next Tuesday, February 27, in Limassol, aiming to highlight the important role of Cyprus as a shipping, energy, ...

Cyprus’ central government debt, comprising approximately 99 per cent of the total debt of the Republic of Cyprus, reached €22.4 billion at the end of 2023, according to a report released this week. ...

Consulting and advisory firm PwC Cyprus presented the key findings of its 13th annual survey for CEOs in Cyprus at an event on Thursday, which was held under the theme ...

Deputy Minister of Tourism Kostas Koumis has denied claims that Cyprus’ tourist arrivals for 2024 will fall short of more than 500,000 seats compared to the previous year. Despite the challenges ahead, ...

Cyprus’ Business Turnover Index in Transportation and Storage reached 143.1 units in the fourth quarter of 2023, with 2015 being the base year, reflecting a 6 per cent increase compared to the same quarter ...

Cyprus took part in the 5th session of the Regulatory Authority Advisory Committee (RAAC), held on February 7, with discussions primarily revolving around the short-term and medium-term prospects for natural gas ...

The Cyprus Shipping Chamber (Kne) on Tuesday released a statement welcoming the official launch of the EU maritime security defence operation in the Red Sea, known as ‘ASPIDES’. The chamber’...

Cyprus experienced a yearly drop in tourist arrivals in January 2024, the first time this has happened since March 2021, thus interrupting a long-running positive streak in tourist numbers. According to a ...

Ksenia Bitulina, an HR specialist with over 20 years of experience, recently used her participation at an event held by bbf: in Limassol to offer insights into the rapidly evolving landscape ...

Chairman of the Cyprus Energy Regulatory Authority (CERA) Andreas Poullikkas on Tuesday explained that significant reforms are needed in order to navigate the transition toward renewable energy sources. In an ...

Cyprus experienced a notable increase in road freight transportation during the third quarter of 2023, indicating a positive trend in the movement of goods, both within Cyprus, as well as to ...

The International Student Identity Card (ISIC), which offers discounts to students, has extended its reach to Cyprus, according to an announcement released on Monday. “Following its successful trajectory in Greece ...