Cyprus Business News

Cyprus is expected to experience further growth in its Gross Domestic Product (GDP) in 2024, combined with a slowdown in inflation, according to the European Commission’s interim winter forecast, released ...

Finance Minister Makis Keravnos on Thursday said that new support measures will be discussed at the upcoming Cabinet meeting, scheduled for next week, after which they will be announced to ...

The Cyprus Securities and Exchange Commission (CySEC) on Thursday awarded three of its staff members as a gesture of recognition and appreciation during a ceremony for the new year. Additionally, ...

Shifts in consumer behaviour, privacy concerns, and increased competition on social media platforms have resulted in advertising agencies needing to be flexible and innovative, according to Nicoletta Charalambous, the managing ...

The Municipality of Paphos this week recognised the Chief Executive Officer of Jet2 Steve Heapy, who is considered to be one of the most prominent figures in the global travel ...

Mediterranean Hospitality Venture PLC (MHV) is pleased to announce the appointment of Achilleas Dorotheou as its new Chief Executive Officer. A distinguished figure in the hospitality sector, Dorotheou brings over 30 ...

Minister of Justice Marios Charalambous this week met with the president of the Cyprus Chamber of Commerce and Industry (Keve) Stavros Stavrou, along with a delegation from the chamber’s ...

The Cypriot economy grew by 2.1 per cent in the fourth quarter of 2023, compared to a growth rate of 2.3 per cent recorded in the corresponding quarter of 2022, according to a report ...

The yachting sector is poised to experience further growth both in Cyprus and on an international scale during 2024, according to Nikiforos Pampakas, the general manager of Limassol Marina, In an ...

Consulting and advisory firm PwC Cyprus has marked a significant achievement in its journey towards achieving net zero greenhouse gas (GHG) emissions, with the company successfully transitioning to using 100 per ...

European University Cyprus (EUC) on Wednesday announced that its startup programme, implemented in collaboration with tech giant Microsoft, is set to launch its third cycle, offering active support to Cypriot ...

Google for Startups, NVO Lab, and GameDev Cyprus (GDCy) are gearing up for the launch of the LVLUP Accelerator, a dedicated programme aimed at supporting gaming companies in Cyprus, according ...

The Cyprus Securities and Exchange Commission (CySEC) recently made two decisions regarding the authorisations of two financial firms. In its meeting held on December 4, 2023, CySEC, in accordance with section 8(1)(a) ...

President Nikos Christodoulides held a meeting on Tuesday with the administrative council of the Cyprus Chamber of Commerce and Industry (Keve), during which they discussed various matters concerning the economy, ...

The Great Sea Interconnector is a “landmark project”, President of the House finance committee Christiana Erotokritou told the European parliament in Brussels on Tuesday. She said the cross-border benefits of ...

Deputy Minister of Shipping Marina Hadjimanoli on Tuesday praised Cyprus’ role in project BlueBarge, which aims to provide moored ships with electricity from rechargeable, green energy batteries. Preparations for the ...

Paphos Chamber of Commerce and Industry (Evep) president George Mais on Tuesday said that the allocation of €245 million to local businesses, along with other developments, can offer significant benefits to ...

The Cyprus real estate market performed well in 2023, with property transfers totalling €1.9 billion and sales documents amounting to €4.2 billion, the Real Estate Agents Registration Council said on Tuesday. Marinos Kineyirou, ...

The Cyprus Securities and Exchange Commission (CySEC) has announced that it has reached a settlement agreement, worth a total of €200,000, with Fintailor Investments Ltd, a Cyprus Investment Firm (CIF). The ...

Levantina Fish managing director Antonis Kimonides said that the fish farming sector is very competitive, necessitating unique, innovative approaches from businesses operating in the industry. The company recently received a ...

President Nikos Christodoulides is set to attend the administrative board meeting of the Cyprus Chamber of Commerce and Industry (Keve) today, Tuesday, February 13, at 17:00 local time. According to an announcement ...

Paphos hotels are reporting a drop in occupancy rates during the first quarter of 2024, when compared to the same period of the previous year, according to Evelyn Komodromou, deputy president ...

The Cyprus Chamber of Commerce and Industry (Keve) has announced that its member organisation, the Cyprus E-Mobility Association, welcomes the announcement of the electric mobility promotion plan by the Ministry ...

Hermes Airports on Monday announced the launch of a new, online publication, dedicated to the travel and aviation industry. The publication, titled Flight Mode, will be released on a monthly ...