Cyprus Business News

The Council for Registration of Real Estate Agents on Wednesday released a statement saying that 25 legal entities and 45 natural persons were convicted of illegal real estate brokerage in 2022. According to ...

Total deposits in Cyprus recorded a net increase of €357.1 million in February 2023, compared to the previous month, with their balance amounting to €51.9 billion, according to a report released this week ...

The Research and Innovation Foundation (RIF) this week announced that it will be holding an information event entitled “European Innovation Council Info Days” between April 4-5 2023. The event will take ...

PwC Cyprus on Tuesday released the results of the firm’s global business survey, which revealed that family businesses experienced their highest growth in 15 years during their most recent fiscal ...

The Republic of Cyprus is looking for investors to issue a sustainable bond, the Financial Director of the Public Debt Management Office, Phaidonas Kalozois, said this week. Kalozois had been ...

By Ioannis Tirkides Surely the collapse of Silicon Valley and Signature banks in the United States, and even the takeover of Credit Suisse by UBS, have idiosyncratic elements that led ...

Cyprus Consul Christos Poullaides held meetings with Bahraini Ministers to discuss bilateral cooperation on energy and tourism matters, according to an announcement released on Friday. The meetings centred on discussions ...

Greek digital marketing firm Panadvert on Friday released a statement lauding the results of its advertising campaign for Hermes Airports, aimed at promoting Cyprus as a tourist destination in the ...

Non-performing loans in Cyprus decreased to 9.5 per cent of total loans at the end of 2022, according to a report published this week by the Central Bank of Cyprus. This marks ...

The Bank of Cyprus on Saturday released a statement saying that it has detected numerous attempts to carry out unauthorised transactions, through cards of various banks, using online merchants, which ...

Cypriot tourism will have to adapt to new regulations and modern traveller preferences Cypriot tourism professionals are turning their focus on sustainability, with a view to aligning with climate-friendly directives ...

Deputy Minister of Tourism Costas Koumis this week visited the Limassol regional tourism board (Etal), pledging to provide solutions to longstanding issues in the district. The meeting, which also saw ...

Port management company DP World Limassol on Friday released a statement about the visit of three key ministers earlier this week, which marks the first official visit of the new ...

The Central Bank of Cyprus (CBC) on Friday announced that it has slightly increased its estimates for economic growth in 2023, citing a more positive external environment and expected lower energy ...

Properties in the municipalities of Nicosia, Strovolos and Aglantzia are the easiest to sell in the Cyprus capital, a report by Cypriot fintech Ask WiRE showed. The company, which operates ...

Women and younger correspondents more eager to embrace personal responsibility The vast majority of young Cypriots that the environmental credentials of a potential employer are a vital part of their ...

Cyprus’ trade deficit for the period between January and December 2022 increased by €2 billion, marking a 34.5 per cent increase compared to the corresponding period in 2021. According to data published by the ...

The Marine Observation Centre of the Cyprus Marine and Maritime Institute (CMMI) announced this week that it successfully held its first workshop on March 10 2023 at the Cyprus Centre for Land, ...

The Global Money Week 2023 has begun in Cyprus, with the Central Bank of Cyprus coordinating the initiative, according to an announcement released on Wednesday. This annual global campaign is held ...

The Trade Service of the Cyprus Ministry of Energy, Commerce and Industry announced this week that it participated in the food exhibition Foodex 2023, which was held in Tokyo, Japan. The ...

Invest Cyprus, the national investment promotion agency, on Wednesday announced that it recently hosted two successful events in Amman and Beirut aimed at attracting tech companies to Cyprus, as well ...

The EIT Digital Venture Programme East Balkans edition announced this week the launch of a regional programme to support the establishment of new ventures in Greece, Cyprus and North Macedonia. ...

The Paphos regional tourism board (Etap) this week announced that the district’s preparations in light of the upcoming tourist summer season are well underway, with more than 90 per cent ...

Cyprus’ financial watchdog, the Cyprus Securities and Exchange Commission (CySEC), is participating in the annual Global Money Week (GMW2023) campaign, aimed at raising awareness of the importance of financial education, ...