Cyprus Business News

The total weight of goods transported by road within Cyprus in the fourth quarter of 2023 saw an 11.4 per cent increase, compared to the same period in 2022, according to a report ...

The Cyprus University of Technology (Tepak) and the Polemidia municipality announced on Wednesday that they have agreed to jointly develop a photovoltaic (PV) park with a total capacity of approximately 9 ...

Despite a rise in fuel prices contributing to an uptick in inflation from 1.2 per cent in March to 2.4 per cent in April, due to geopolitical developments, food inflation has continued ...

Sectors that are heavily exposed to AI are witnessing a surge in productivity, while AI jobs are also experiencing notable growth, according to a recent report shared by PwC Cyprus ...

Deputy Minister of Shipping Marina Hadjimanolis this week met with Greece’s Minister of Shipping and Island Policy Christos Stylianides, with the discussion focusing on the competitiveness of European shipping, ...

Astrobank announced this week that it is opening a new branch in the Dali area in Nicosia, bucking the trend of shrinking branch networks, noting that this is an underserved ...

President Nicos Christodoulides on Tuesday stressed the need for a unified approach and solid public-private cooperation to address the challenges currently facing the shipping industry. Speaking at the 35th annual ...

The Limassol Boat Show 2024 will take place in May, from 23 to 26 at Limassol Marina, and once again, the largest nautical exhibition in the Eastern Mediterranean is expected to impress and ...

President Nicos Christodoulides on Tuesday stressed the need for a unified approach and solid public-private cooperation to address the challenges currently facing the shipping industry. Speaking at the 35th annual ...

The Cyprus Chamber of Commerce and Industry (Keve) on Tuesday welcomed the signing of a Memorandum of Understanding (MoU) between the Enterprise Europe Network (EEN) Cyprus and the European Digital ...

One in two Cypriots feel confident about starting a business, while more than half believe they possess the necessary skills to be successful in business, according to the results of ...

Cyprus witnessed a decline in air passenger traffic in April of this year, despite record highs in the preceding months, according to a report by Hermes Airports. The downturn is ...

Despina Panayiotou Theodosiou was awarded the first Gender Equality Award in Cyprus Shipping during a celebratory event on Monday evening in Limassol. The ceremony, organised by the Deputy Ministry of ...

Private wealth manager Christopher Zachariou recently spoke to the Cyprus Mail about the need to make informed financial decisions, the importance of long-term thinking, the value of professional advice, and ...

The inaugural Green Agenda Cyprus Summit, held on Monday in Nicosia, highlighted the vision and actions necessary for the green transition of the Cypriot economy. The event, supported by Hellenic ...

The Bank of Cyprus announced on Monday that it completed a new round in its share buyback programme, which was originally disclosed in April of this year, with 34,150 shares being ...

Deputy Minister of Research Nicodemos Damianou is scheduled to travel to Brussels today to attend an EU telecommunications ministers meeting set for Tuesday. The summit will centre on significant legislative ...

The Nicosia Chamber of Commerce and Industry (Evel) on Monday announced the appointment of Andreas Antoniades as its new director general. According to the announcement, the decision was ratified by ...

The Bank of Cyprus announced on Monday that it completed a new round in its share buyback programme, which was originally disclosed in April of this year, with 34,150 shares being ...

Chief Scientist Demetris Skourides was a prominent participant in the First International Symposium: Digital Twins 4 Healthcare, according to an official statement by the foundation. Held on May 16 and 17, this cutting-edge ...

Market has overcome impacts of Covid-19 By Kyriacos Kiliaris If you’re in the market for a vacation home on the island, you might be in for a sticker shock, ...

It has profound socioeconomic effects, as well as political consequences in shaping the outcome of elections and policies Cyprus is a wealthy nation; but that wealth is very unevenly divided. ...

Here are the top business stories in Cyprus from the week starting May 13: National investment promotion agency Invest Cyprus recently showcased the country’s business and investment credentials in the ...

The harmonised inflation rate in Cyprus increased by 2.1 per cent in April 2024 compared to the same period the previous year, according to the Cyprus Statistical Service. Official data showed that ...