Cyprus Business News

Cyprus saw a decrease of 13.8 per cent in the number of registered unemployed individuals in February 2024, compared to the corresponding month of 2023, according to a report released by the Cyprus ...

In a bid to support the noble cause championed by the Toxotis Foundation, the Cyprus-France Business Association is set to host a Charity Gala Dinner on April 5, 2024, at the Four ...

As the summer season approaches, Cyprus airports are bustling with over 3,000 workers daily, employed by the numerous companies operating within the airport facilities, according to an announcement released on Tuesday ...

The year 2023 marked the highest annual inflows since the establishment of the state-owned asset management company Kedipes in 2018, according to statements made on Tuesday by chairman Lambros Papadopoulos. As of ...

Platres’ Forest Park Hotel has been sold to forex and CFD brokerage firm XM for over €10 million, with a major €15 million renovation expected to follow, according to reports released on ...

The Cyprus government aims to address labour market challenges by facilitating the recruitment of necessary workers from third countries, Labour Minister Yiannis Panayiotou said during a meeting with the Famagusta ...

The Central Bank of Cyprus (CBC) this week issued a new directive regarding the operation of the central registry of information for issuers of bounced cheques, aiming to refine existing ...

Deputy Minister of Tourism Kostas Koumis will be undertaking significant diplomatic engagements in Berlin as he leads the Cypriot delegation at the renowned ITB Berlin tourism exhibition, according to an ...

Cyprus saw a substantial 47 per cent increase in the issuance of new loans during the first month of the year, according to a report released this week by the Central ...

International investment company XM this week announced its active involvement in supporting education and skills development through a sponsorship agreement with ARIS (A Really Inspiring Space), allowing the company to ...

With the participation of dozens of students, the 15th Informatics Day was successfully held for Middle and High School, Private Education, and Technical School students, from Famagusta, Larnaca, Limassol, and ...

The Central Bank of Cyprus (CBC) on Monday released a report revealing a decline in deposit interest rates in January 2024, alongside a mixed picture in interest rates for key loan ...

For the second consecutive year, the University of Nicosia and Junior Achievement Cyprus co-organised the World Conference on Business Education, with the theme “Development of Business Skills”. This event took ...

Celestyal Cruises and the Cyprus Maritime Academy on Monday announced the signing of a Memorandum of Understanding, marking a significant collaboration in the realm of maritime education. Under this agreement, ...

Deputy Minister of Shipping Marina Hadjimanolis will be conducting visits to Athens and Brussels this week, according to an official announcement by her ministry released on Monday. The announcement stated ...

The University of Cyprus, in collaboration with the Commission for the Protection of Competition, is set to host an event titled “Cyprus Conference on Competition Law: Key Trends and Developments” ...

Executive Manager of the Paphos Regional Tourism Board (Etap) Nasos Hadjigeorgiou has expressed cautious optimism about this year’s winter tourist season, despite acknowledging challenges and fluctuations in reservations from ...

Chair of the Single Resolution Board Dominique Laboureix has commended Cypriot banks for their progress in aligning with the Minimum Requirements for Own Funds and Eligible Liabilities (MREL). It should ...

In an era where the skylines of cities around the globe are rapidly transforming, certain projects stand out not just for their height but for their ability to redefine urban ...

Infocredit Group, based in Cyprus, has clinched the ‘Best KYC Solution 2024’ title at the Sigma Eurasia Awards for the second year running. According to an announcement released by the firm, ...

Consulting and advisory firm PwC Cyprus recently presented its annual report for the Cypriot real estate market, which includes important information about the sector’s performance in 2023. The presentation took ...

Here are the top business stories in Cyprus from the week starting February 26: The Cyprus Marine Club (CMC), a renowned non-profit organisation that plays a pivotal role in bringing together ...

The Research & Innovation Foundation (RIF) this week released a statement highlighting Cyprus’ impact at the “Mobile World Congress Barcelona 2024” and “4 Years from Now” (4YFN), the world’s largest exhibitions ...

The Central Bank of Cyprus (CBC) and the Bank of Greece (BoG) on Friday signed a Memorandum of Cooperation during a ceremony held in Nicosia. The signing ceremony took place ...