Cyprus Business News

Consulting and advisory firm Deloitte Cyprus this week announced that it has expanded its leadership team with the appointment of three new partners effective from June 1, 2024. According to the announcement, ...

Cypriot firm Ask Wire, a real estate data analytics company, this week announced the successful completion of its equity extension round, securing funding to support its expansion into key European ...

Eurobank S.A. has announced that it now holds 55.3 per cent of the total issued share capital of Hellenic Bank. The bank revealed that it has submitted a Mandatory Public ...

The Cyprus Research and Innovation Foundation (RIF) on Tuesday announced a new funding initiative totalling €300,000, aimed at strengthening innovation support structures, including incubators and accelerators for start-ups. According to the ...

Eurobank S.A. has announced that it now holds 55.3 per cent of the total issued share capital of Hellenic Bank. The bank revealed that it has submitted a Mandatory Public ...

The capital markets team of Elias Neocleous & Co LLC has successfully assisted Premier Energy PLC in relation to the initial public offering (IPO) and listing on the Bucharest Stock ...

Cyprus’ flagship tech & startup festival, Reflect Festival, returned to Limassol, welcoming 9,000 entrepreneurs, investors, and tech enthusiasts in an ambitious new venue. Reflect Festival successfully wrapped up another edition fueled ...

The Cyprus Chamber of Commerce & Industry (Keve) on Tuesday announced the completion of the works aiming to upgrade its headquarters in Nicosia into a green building. This initiative aligns ...

Bernhard Schulte Shipmanagement has announced the appointment of Bjoern Sprotte as Chief People and Sustainability Officer to the Management Board, effective from June 1, 2024. Based in Limassol, Cyprus, and reporting directly ...

The return on equity for the Cypriot banking system after taxes reached 24.6 per cent at the end of 2023, compared to just 4.8 per cent at the end of 2022, according to a ...

The Cypriot economy grew by 3.4 per cent in the first quarter of 2024 compared to the same period in 2023, with the construction sector showing the largest increase at 10.2 per cent, according ...

PwC Cyprus once again demonstrated its commitment to supporting Reflect Festival, one of the most prominent technology and startup conferences in the region, which took place on May 30-31 in ...

The volume and value of retail trade transactions in Cyprus saw a notable increase in April 2024 compared to the same month in 2023, according to a report released this week by ...

President of the Cyprus Real Estate Agents Registration Council Marinos Kineyirou on Monday called for stricter regulation of short-term rentals in Cyprus. The council president highlighted the adverse impacts on ...

Cyprus is set to make a significant showing at the international shipping conference Posidonia 2024 in Athens, with around seventy companies participating in what is considered the largest maritime exhibition in ...

President of the Cyprus Real Estate Agents Registration Council Marinos Kineyirou on Monday called for stricter regulation of short-term rentals in Cyprus. The council president highlighted the adverse impacts on ...

Cypriots are planning their summer holidays in record numbers, booking airline tickets and hotel beds with a fervour that could set a new high for outbound travel. According to tour ...

The Cyprus Mail’s SOUZANA PSARA recently attended Cyprus-based marketing agency CAPSBOLD’s presentation at Reflect Festival, where she chatted with PR Director Olga Loktionova about the future of marketing ...

This year’s TechIsland Summit once again embodied the spirit of collaboration, bringing together the tech industry, government, and other stakeholders to discuss and promote actionable ideas for Cyprus’ tech-driven ...

JetBrains reaffirmed its ongoing commitment to innovation and education in the software development field at the recently held TechIsland summit in Limassol. This commitment, which has been a cornerstone of ...

Cyprus’ Producer Price Index (PPI) in industry recorded a 3.8 per cent decrease in April 2024 compared to the same month in 2023, primarily due to reductions in the electricity supply sector, according ...

Here are the top business stories in Cyprus from the week starting May 27: At a recent Cyprus Sustainable Tourism Initiative (CSTI) event titled ‘Beach without Plastics,’ Deputy Minister of Tourism ...

Cyprus’ general government recorded an increased surplus of €665.2 million during the first four months of 2024, corresponding to 2.1 per cent of GDP, compared to a surplus of €391 million, a share of 1.3 ...

Larnaca on Friday unveiled a new corporate identity, marking a pivotal moment for the city’s tourism, according to Deputy Minister of Tourism Kostas Koumis. He emphasised that the rebranding ...