Cyprus Business News

Deputy Minister of Tourism Kostas Koumis announced on Wednesday a grant scheme aimed at the revival of rural, mountainous, and remote areas, with a total budget of €4 million. It should ...

Valentina Georgiadou has been appointed as the new Financial Commissioner, vacating her previous role as Deputy Financial Commissioner, according to an announcement made on Wednesday. Following a cabinet meeting on ...

The Neocleous Tower, an office building located in the centre of Limassol, will set new standards for environment-focused, commercial real estate in Cyprus. ‘Our idea to develop a ‘green’ sustainable ...

The Cyprus Association of Nursing Home Owners has decided to become a member of the Cyprus Chamber of Commerce and Industry (Keve), according to a statement released this week. According ...

The Cyprus Chamber of Commerce and Industry (Keve) in collaboration with the Ministry of Energy, Commerce, and Industry this week announced the start of applications for the latest edition of ...

The Cyprus Borrowers Association (Syprodat) this week released a statement expressing appreciation for the government’s third support package aimed at alleviating the burden on vulnerable groups, while also noting ...

The government is moving towards imposing rents on state-owned properties based on usage rather than market value, in an attempt to resolve any discrepancies observed in industrial areas and zones, ...

“At Freedom Finance Europe, we’re not just driven by ESG principles; we’re motivated by a profound respect for Cyprus and its people. Our commitment to promoting Cyprus’ sports, ...

Agriculture Minister Maria Panayiotou on Tuesday said that the ministry’s goal is to increase the sector’s contribution to the country’s GDP, combined with enhancing its sustainability to ...

Serious concerns were raised on Tuesday over whether the company assigned to take on the expansion and restoration of Larnaca port will be able to complete the works. The company, ...

The Cyprus Statistical Service (Cystat) on Tuesday released a report showing an increase in the average gross monthly earnings of employees during the fourth quarter of 2023, when compared to the ...

The accommodation and food service sector was the second-largest contributor to both the economy and employment in Cyprus in 2021, according to Eurostat, the EU’s statistical service. Specifically, accommodation and ...

XM, a multi-regulated global broker in Europe and globally, prioritises impact by continuously giving back to the community In today’s world, Environmental, Social, and Governance (ESG) strategies are crucial ...

Cablenet has broken the 10 per cent market share barrier in mobile contract subscriptions, climbing to third position, according to a report published by the Office of the Commissioner for Electronic ...

By Nicolas Christodoulides, Senior ESG Analyst BOC is focusing its efforts on fighting climate change, which is the biggest challenge that humanity faces Stainability is often defined as meeting the ...

Rent control in Cyprus has turned into a cumbersome obstacle, casting a shadow over the local property market and stifling both development and investment opportunities, according to the Cyprus Real ...

A multilayered matrix of goals and actions gives Hellenic Bank the lead in ESG strategy Committed as it is to promoting environmental sustainability and social resilience, Hellenic Bank has taken ...

Cyprus’ Deputy Ministry of Tourism has announced a scheme to sponsor experiential workshops in traditional crafts, agricultural and livestock product processing, and gastronomy, in order to boost rural tourism. As ...

The Department of Agriculture, under the Ministry of Agriculture, Rural Development, and Environment, has unveiled the 7th Call for Applications from April 2, 2024, to June 14, 2024, for the subsidy scheme aimed at ...

With the message ‘a better tomorrow’, the company aims to consistently leave a positive imprint on the country For Lidl Cyprus, Corporate Social Responsibility has been an integral part of ...

The Cyprus University of Technology (Tepak) and the Famagusta Chamber of Commerce (Evea) jointly organised a lecture on artificial intelligence (AI). According to a statement about the event, which took ...

Limassol Municipality and Frederick University’s Department of Maritime and Commerce are collaboratively organising the Blue Limassol Forum 2024, which is scheduled to occur on Monday, April 15, from 17:00 to 19:30 at Frederick ...

Capital Intelligence Ratings (CI Ratings) has revised its long-term foreign currency rating (LT FCR) outlook for the Republic of Cyprus from stable to positive, while affirming the country’s LT ...

The shift to sustainable energy sources has marked the energy transition from traditional fossil fuels to renewable and clean energy sources. Andreas Poullikkas, Chairman of the Cyprus Energy Regulatory Authority (...