Cyprus Business News

Real estate sales in Limassol rose to nearly half a billion euros in total value during the second quarter of 2023, according to a report released on Tuesday by Cypriot firm ...

The Deputy Minister of Tourism Kostas Koumis recently emphasised the “historic, enduring, and significant” contribution of the Famagusta district to Cyprus’ tourism sector. The deputy minister’s praise for the ...

Chairman of the Cyprus Energy Regulatory Authority (CERA) Andreas Poullikkas has stressed the importance of urban energy transition, particularly as global city populations continue to grow, while also making the ...

The Cyprus Ministry of Energy, Commerce, and Industry on Monday announced an extension to the application deadline for the De minimis Grant Schemes, allowing private businesses more time to apply ...

Vehicle registrations in Cyprus experienced a significant spike of 28.1 per cent during the period of January to August 2023, compared to the same period in 2022, according to a report by the ...

The Cyprus Finance Ministry has not yet presented the revised bill aimed at creating a framework for overseeing foreign direct investments to the House of Parliament, according to statements made ...

Here are the top business stories in Cyprus from the week starting September 4: The Nicosia property market saw a total of 1,267 properties being sold during the second quarter of 2023, encompassing ...

Cyprus’s construction sector saw a 16.5 per cent increase in the total value of building permits during the first half of 2023, as well as a 3 per cent increase in their ...

The Cyprus University of Technology (Tepak) on Friday announced that it has awarded scholarships totalling €326,000 to nine third-country nationals, in a significant step toward enhancing its global reach and fostering ...

The City of Dreams Mediterranean resort and casino this week released a statement announcing the launch of Anaïs, Cyprus’ first French Gastro Club. At the club, visitors can taste ...

Cyprus’ beer industry experienced a remarkable boost in exports during August 2023, with a staggering increase of 113.6 per cent or 193,315 litres, leading to an overall rise of 1.5 per cent in total ...

The Cyprus Research and Innovation Foundation (RIF) has unveiled the return of its highly anticipated science communication competition, “Science Unfold,” for another exciting year. Taking place on September 29, 2023, as part ...

Cyprus’ technology and innovation community was celebrated in style at the first-ever TechIsland Awards ceremony, which took place in Limassol on September 7, 2023. The event, marked by a remarkable gathering of ...

The highly anticipated 4th BoC Fintech Hackathon 4.0, an annual event, is just around the corner. This year, the marathon focuses on innovative technologies in the financial sector (Fintech) and is ...

Cypriot President Nikos Christodoulides on Thursday evening underscored the pivotal role of technology and innovation in the country’s governance programme and economic vision. “The government is implementing specific actions ...

Cyprus experienced a resurgence in inflation during August, primarily driven by an increase in food prices and other essential goods, according to a report released this week by the state’...

President of the Cyprus-Greece Business Association Iosif Iosif is set to engage in significant discussions with economic, business, and investment entities from Greece during his visit to the 87th Thessaloniki ...

There was a significant surge in Cyprus’ labour force, coupled with a decline in the number of unemployed individuals, in the second quarter of the year, according to a report ...

The Cyprus Composite Leading Economic Index (CCLEI) recorded an annual increase of 2.2 per cent in August, albeit showing a slowdown compared to the 2.4 per cent and 2 per cent annual increases ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday issued a fresh warning over scammers impersonating CySEC employees, as well as websites pretending to be that of the commission, in ...

The Nicosia property market saw a total of 1,267 properties being sold during the second quarter of 2023, encompassing four major categories, houses, apartments, land, and fields, for a total value of €205 ...

Freedom Finance Europe, in collaboration with the Celebrity Gala artistic project, is set to host an extraordinary ballet event in Cyprus. This cultural spectacle will take place at the historic ...

The issue of Non-Performing Loans (NPLs) cannot be resolved solely by protective measures for vulnerable individuals, since these measures are too narrow in scope, the Cyprus Borrowers Association (Syprodat) said ...

The Deputy Minister of Shipping, Marina Hadjimanoli, and the Ambassador of China to Cyprus, Liu Yantao, engaged in discussions on bilateral maritime matters and broader global shipping issues during a ...